Strategic Human Resource Management Lecture 1
Transcript of Strategic Human Resource Management Lecture 1
Lecture 1
Strategic Human Resource Management
• Attendance
• ZabDesk
• Marks distribution
• Final Project Ideas
• Classroom decorum
• Class Activities (Study Method)
• Notes Taking
• Feedback
Marks Distribution
Mid term Exam 30
Final Exam 40
Quiz 5
Attendance/Good Behavior
5
Class Participation 5
Assignments 5
Final Project 10
Text Book:
• Strategic Human Resource Management, Michael Armstrong, 3rd Edition, 2006
Why do Employees Quit?
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
Two aspects of Organizations
Organization People
Strategic HRM Focus on:
Organization EffectivenessHigh Quality Products
High Financial Returns
Right Recruitments
Problem
Solving
Goal Achievement
People EffectivenessFlexibility
Loyal and Satisfied Employees
Good Decision Making
Work Life Balance of Employees
How to get Best Performance from People
Body
Mind
HeartSoul
Article (Forbes)
How the Best Places to Work are Nailing Employee Engagement!!
Introduction to HRM
Traditional and Strategic Human Resource
Improving business performance through Strategic HRM
Formulating and Implementing HR Strategies
Roles in Strategic HRM
Resourcing Strategy
ACR Vs Performance Management System
Employee Communication Strategies
Reward Strategy
Retention and Motivation Training
What is HRM
Evolution OF HRM
Why Change is Important?
• Hunting and gathering (Use of bows and arrows)
• Farming (Only 10% embraced CHANGE)
• Industrial Revolution (10% embraced CHANGE)
• Knowledge worker Era (10% embraced CHANGE)
Today is Age of Wisdom
• Know yourself• Positive Mental Attitude (85% recruitment is
based on ATTITUDE)• Creativity
Importance of Human resource
SLAVE LABOR
WORKEREMPLOYEE
ASSETS
HUMAN PARTNER
CAPITAL
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