Transcript
  • 8/14/2019 Linking Corporate Strategies and HR

    1/21

    Robert L. MathisRobert L. Mathis John H. JacksonJohn H. Jackson

    Linking corporate strategies and HRLinking corporate strategies and HR

  • 8/14/2019 Linking Corporate Strategies and HR

    2/21

    22

    Learning ObjectivesLearning Objectives

    human resources can be a core competencyfor organizations.

    Significance of strategic human resourcemanagement

    To know about external environment

    To know about the internal environment

    Workforce diversity

  • 8/14/2019 Linking Corporate Strategies and HR

    3/21

    23

    chartchart

  • 8/14/2019 Linking Corporate Strategies and HR

    4/21

    24

    Achieving Strategic FitAchieving Strategic Fit

    Michael Porter Emphasizes the fit point of view that all ofthe firms activities must be tailored to or fitits strategy, by ensuring that the firmsfunctional strategies support its corporateand competitive strategies.

    Gary Hamel and C. K. Prahalad Argue for stretch in leveraging resources

    supplementing what you have and doing

    more with what you havecan be moreimportant than just fitting the strategic planto current resources.

  • 8/14/2019 Linking Corporate Strategies and HR

    5/21

    25

    ModelModel

    TranslatingStrategy intoHR Policy andPractice

    Basic Model ofHow to AlignHR Strategyand Actionswith BusinessStrategy

  • 8/14/2019 Linking Corporate Strategies and HR

    6/21

    26

    Formulating HR Policies, Activities, and StrategiesFormulating HR Policies, Activities, and Strategies

  • 8/14/2019 Linking Corporate Strategies and HR

    7/2127

    Possible HR Areas for Core CompetenciesPossible HR Areas for Core Competencies

  • 8/14/2019 Linking Corporate Strategies and HR

    8/2128

    Strategy and the Basic HR ProcessStrategy and the Basic HR Process

  • 8/14/2019 Linking Corporate Strategies and HR

    9/2129

    Linkage of Organizational and HR StrategiesLinkage of Organizational and HR Strategies

  • 8/14/2019 Linking Corporate Strategies and HR

    10/21210

    Scanning the External EnvironmentScanning the External Environment

    Environmental ScanningThe process of studying the environment of

    the organization to pinpoint opportunitiesand threats.

    Environment Changes Impacting HR Political - legal (Governmental regulations)

    Economic conditions

    Impact of globalization (competitive

    concerns)

    Workforce composition

  • 8/14/2019 Linking Corporate Strategies and HR

    11/21

    211

    External forcesExternal forces

    Political- legalThe legislature

    The executive

    The judiciary Economic

    The economic growth of the country

    Suppliers

    CompetitorsCustomers

    Industrial labour

  • 8/14/2019 Linking Corporate Strategies and HR

    12/21

    212

    Impact of globalization

    Internal forces

  • 8/14/2019 Linking Corporate Strategies and HR

    13/21

    213

    External Factors Influencing the Personnel functionExternal Factors Influencing the Personnel function

    Technological changesNew skills required

    Downsizing

    Collaborative workTelecons

    Internet and intranet revolution

  • 8/14/2019 Linking Corporate Strategies and HR

    14/21

    214

    External Factors Influencing the Personnel functionExternal Factors Influencing the Personnel function

    ECONOMIC CHALLENGES POLITICAL FACTORS

    SOCIAL FACTORS

    LOCAL GOVERNMENT POLICIES UNIONS

    EMPLOYERS DEMANDS

    WORKFORCE DIVERTY

  • 8/14/2019 Linking Corporate Strategies and HR

    15/21

    215

    Internal factorsInternal factors

    Mission Policies

    Organization culture

    Organization structure HR systems

  • 8/14/2019 Linking Corporate Strategies and HR

    16/21

    216

    Work force diversityWork force diversity

    CompositionInexperienced

    Impulsive

    Selfish/manipulative

    Difficult to changeGo by book rule

    Workaholic

    inflexible

  • 8/14/2019 Linking Corporate Strategies and HR

    17/21

    217

    Other diversity characteristics in IndiaOther diversity characteristics in India

    Castes

    Sons of the soil

    Physically disabled

    Priority for ex-service men

    Gender issues Contract labor

    Child labor

    Other minority groups

  • 8/14/2019 Linking Corporate Strategies and HR

    18/21

    218

    HR mangers role in addressing theseissues

  • 8/14/2019 Linking Corporate Strategies and HR

    19/21

    219

    Designing appropriate HR systemsDesigning appropriate HR systems

    Nature of employment Recruitment

    Selection

    Training and development

    Job security

    Employee welfare

  • 8/14/2019 Linking Corporate Strategies and HR

    20/21

    220

    Designing appropriate HR systemsDesigning appropriate HR systems

    Nature of employment Recruitment

    Selection

    Training and development

    Job security

    Employee welfare

  • 8/14/2019 Linking Corporate Strategies and HR

    21/21

    221

    HR is a key lever in addressing these challenges!

    The new competitive globalThe new competitive globalenvironmentenvironment