human resource strategy (ppt30)

The Idea of Strategic HRM
No definitive, robust theory.
No agreement on meaning, factors,  outcomes.
how is SHRM linked with organisational performance? difficult to establish firm relationships given intervening factors: structure, culture &  wider environment
various typologies of business and associated HR strategies
Empirical studies tend to use
large-scale questionnaire surveys (Storey)
case-studies on SHRM.
Theoretical &empirical gaps between rhetoric and real experience - downsizing and redundancies etc.

Stages in a  Corporate Strategy Process
Planning Levels
Strategy Formulation
Managers analyse the situation & develop strategies to achieve the mission.
SWOT analysis: planning to identify
Organizational
Strengths: manufacturing ability, marketing skills
Weaknesses: high labor turnover, weak financials.
Environmental
Opportunities: new markets
Threats: economic recession, competitors

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