Strategic Human Resource Management Lecture 1

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Lecture 1

Transcript of Strategic Human Resource Management Lecture 1

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Lecture 1

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Strategic Human Resource Management

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• Attendance

• ZabDesk

• Marks distribution

• Final Project Ideas

• Classroom decorum

• Class Activities (Study Method)

• Notes Taking

• Feedback

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Marks Distribution

Mid term Exam 30

Final Exam 40

Quiz 5

Attendance/Good Behavior

5

Class Participation 5

Assignments 5

Final Project 10

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Text Book:

• Strategic Human Resource Management, Michael Armstrong, 3rd Edition, 2006

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Why do Employees Quit?

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1. When People are treated like numbers.2. No connection to the big picture3. No empathy4. No Motivation5. No fun6. Lack of alignment of goals

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Two aspects of Organizations

Organization People

Strategic HRM Focus on:

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Organization EffectivenessHigh Quality Products

High Financial Returns

Right Recruitments

Problem

Solving

Goal Achievement

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People EffectivenessFlexibility

Loyal and Satisfied Employees

Good Decision Making

Work Life Balance of Employees

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How to get Best Performance from People

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Body

Mind

HeartSoul

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Article (Forbes)

How the Best Places to Work are Nailing Employee Engagement!!

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Introduction to HRM

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Traditional and Strategic Human Resource

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Improving business performance through Strategic HRM

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Formulating and Implementing HR Strategies

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Roles in Strategic HRM

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Resourcing Strategy

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ACR Vs Performance Management System

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Employee Communication Strategies

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Reward Strategy

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Retention and Motivation Training

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What is HRM

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Evolution OF HRM

Why Change is Important?

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• Hunting and gathering (Use of bows and arrows)

• Farming (Only 10% embraced CHANGE)

• Industrial Revolution (10% embraced CHANGE)

• Knowledge worker Era (10% embraced CHANGE)

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Today is Age of Wisdom

• Know yourself• Positive Mental Attitude (85% recruitment is

based on ATTITUDE)• Creativity

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Importance of Human resource

SLAVE LABOR

WORKEREMPLOYEE

ASSETS

HUMAN PARTNER

CAPITAL

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Sources of Employee Value

• Technical Knowledge– Markets, Processes, Customers, Environment

• Ability to Learn and Grow– Openness to new ideas– Acquisition of knowledge and skills

• Decision Making Capabilities• Motivation• Commitment• Teamwork– Interpersonal skills, Leadership ability