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15 Cards in this Set
- Front
- Back
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A pattern of planned human resource deployments and activities intended to enable an organization to achieve its goal |
Strategic Human Resource Management |
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2 Components if the strategic management process |
Strategy formula and strategy implementation |
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the process of deciding on strategic direction by deciding the company's mission and goal. |
strategic formula |
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the process of devising structures and allocating resources to enact the strategy a company chosen |
strategy implementation |
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Role of HRM in strategy formula |
Administrative Linkage one-way linkage interactive linkage |
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The HRM function's attention is focused on day to day activities |
Administrative Linkage |
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the firm strategic business planning function develops the strategic plan and then inform the HRD function of the plan. |
One-way linkage |
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This is dynamic, based on continuing rather than sequential interaction |
integrative linkage |
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5 Strategic Formula |
mission Goals external analysis internal analysis strategic choice |
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this is the statement of the organizations reason for being, it is usually specifies the costumers served, the needs satisfied and the values received by the costumers |
Mission |
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What the company hopes to achieved in the medium and the long term period |
Goals |
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This is consist of examining the organizations operating environment to identify the strategic and opportunities threats |
external analysis |
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this attempts to identify the organizations strengths and weaknesses |
Internal analysis |
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the way the organization will attempt to fulfill its mission and achievd the longterm goal |
strategic choice |
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to avoid labor shortage and labor surplus |
HR forecasting |
