Objectives

Appreciate the difference between the traditional HRM and SHRM

Acquire an overview of the conceptual framework of SHRM

Understand the VRIO framework(Value- Rareness-Imitability-Organization)

Articulate clearly the challenges facing the business and how HR can help overcome them by partnering with line managers

Topics

1.Introduction to Strategic HR

2. Human Resource Environment

Technology and organizational Structure –Broad influences

of Technology-Influences of HRIS--Global environment-Global

competition-Global sourcing of labour

3.Investment practices for Improved Retention

Organizational Cultures Emphasizing Interpersonal Relationship values-

effective selection procedures-Compensation and benefits-job enrichment

and job satisfaction-practices providing work life balance-other practices in

facilitating retention

4.Investment in Training and development

Investments in Employability –Current practices in training investments-On

the job training-Investments in Management development –Prevention of

Skill Obsolescence-Reduction in career plateauing

5.Strategically Oriented Performance Measurement Systems

Performance Measurement Approaches-Performance Evaluation of

Executives –Effectiveness of Performance Measurement

6.Strategically oriented Compensation

Traditional Compensation Systems-Strategic Inadequacies of Traditional

Compensation Approaches-Skill based pay-Broad banding-Team based

pay-Variable Compensation-Executive compensation

7.Dealing with Employee Surplus

Redeployment and Retaining-Early Retirement-Retreat from Employment

Security policies-Downsizing and layoffs-Termination strategies

8.Human Resource Evaluation-Audit approaches-Analytical Approaches-

Quantitative and Qualitative Measures-Balance Scorecard perspective-

Benchmarking-Industry Influences

Project

Group Project:

  The purpose of the Group Project is to give you all a chance

to apply what you have learned from SHRM on the concrete realities of a specific business organization. You will do this as a team of not more than 3 people.

Project

should cover the following areas:  

Brief description of the company’s business strategy(ies) or corporate objectives;

Description of the desired human organization that will ensure the delivery of the business strategy(ies) or achieve corporate objectives. You can use the 7 S or Balance Scorecard frameworks, or a combination of the 2 frameworks in doing this;

Analysis of the existing organization and identification of gaps Recommendations on HR strategies, policies, programs and

practices that will create the desired human organization. Note that all the topics we will be exploring in class are directed towards creating a human organization that will support the business strategies and goals of business organizations.

 

Books Recommended

1.Strategic HRM-Jeffrey Mello,Thomson Publiation New Delhi

2. Strategic HRM-Charles R.Greer,Pearson education Asia,New Delhi

3.Strategic HRM-Michael Armstrong,Kogan Page London

4.Strategic HRM-Agarwal,Oxford University Press,New Delhi

5.Human Resource Management –Gary Dessler,PHI,New Delhi

6.Strategic and Development-Richard Regis-Excel books,New Delhi

Additional Reading The HR Value Proposition-By Dave Ulrich and Wayne

Brockbank(Harvard Business School Press)

If HR Were Strategically Proactive-By Wayne Brockbank

Competencies for the New HR-By Wayne Brockbank and Dave Ulrich)

Additional research

The Emerging Roles of HR Read: A New Mandate for Human Resources, by Dave Ulrich,

Aligning HR to the Business Read: Aligning Business and HR Strategies, by Linda

Holbeche

Organizational Alignment: The 7S Model

Having Trouble with your Strategy? Then Map It Developing a Competency Model

Read: The Core Competence of the Corporation

Definition of a Competency

` Designing Competency Studies