Sunday, March 3, 2019
HR is staffed with nice people Essay
Strategic centering of people through HR programs and policies helps to ensure organizational outcomes such as Organizational survival, profitability, customer satisfaction and employee performance. HR Professionals have been criticized for not concord and using language of business when discussing the value of the HR Programs.STRATEGY the conceptualisation of organizational missions, goals, objectives and action plans for attainment that explicitly recognize the competition and the collision of outside environmental forces Future direction and performance targetsStrategic formulation=rationale processEnds are measure baleResources are allocated to achieve endsTHE FIVE PS OF STRATEGY BY MINTZBERG1. Plan an think course of action a firm has selected to deal with a agency 2. Purpose a consistent stream of actions that sometimes are the termination of a deliberate plan and sometimes the result of emergent actions ground on reaction to environmental changes or shifting of assum ptions 3. Ploy a specific maneuver at the tactical level with a neat time horizon 4. Position the location of an organization relative to its competitors and other(a) environmental factors 5. Perspective the personality of the organizationDESCRIPTIONS OF STRATEGYStrategya declaration of intentStrategic intenta tangible incarnate goal, a point of view just about the competitive positions a ships company hopes to progress over a decade Strategic planningthe taxonomic determination of goals & the plans to achieve them Dynamic process, moving, shifting & evolving as conditions warrant changes Objectivesthe end, the goals, make-it-or-break itPlansthe harvest of strategy, the means to the endStrategic plana formal scripted statement that outlines the future directions and goals of an organization, including long-term performance goals/targets Policiesbroad guidelines to action, which establish the parameters or rules Strategy formulationthe entire process of conceptualizing the mi ssion of an organization, identifying the strategy, and developing long performance goals Strategy implementation/ executionthose activities that employees and managers of an organization undertake to consecrate the strategic plan, to achieve the performance goalsSTRATEGY TIMEFRAMESstrategic planning= view about the future,the future is unpredictable planning horizon commonly 3-5 years, plans mustiness be flexible enough to cope with changes that appearSTRATEGIC TYPES** varied org strategies require different HRM strategies (policies and practices) 1. Corporate strategiesOverall strategy for organization and businesses or interests Usually focus on long-term growth and survival goalstypically represented in the mission statementIs key to attracting investors as it examines and questions about which competitive strategy to choose from 2. Business Strategies (LOB)a. Focus on unitary line of business as opposed to overall organization b. Plans to build a competitive focus with liv eing action plans in virtuoso line of business 3. Operational Strategiesa. Resources, processes, people and how they are organized to support the Corporate and LOB strategic direction
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment