Dessler_HRM12e_Ch2-The Manager's Role in Strategic HRM

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    Chepter-2

    The Managers Role

    in Strategic Human

    Resource Management

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    1. Explain why strategic planning is important to all

    managers.

    2. Outline the basic steps in the management planning

    process.

    3. List the main contents of a typical business plan.

    4. Answer the question, What should a manager do to set

    smart motivational goals?

    5. Explain with examples each of the seven steps in the

    strategic planning process.

    6. List with examples the main generic types of corporate

    strategies and competitive strategies.

    LEARNING OUTCOMES

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    7. Define strategic human resource management and give

    an example of strategic human resource managementin practice.

    8. Briefly describe three important strategic human

    resource management tools.

    9. Explain with examples why metrics are essential foridentifying and creating high-performance human

    resource policies and practices.

    LEARNING OUTCOMES (contd)

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    Why Strategic Planning Is ImportantTo All Managers

    The firms strategic plan guides much of what is done by

    all to accomplish organizational goals.

    Decisions made by managers depend on the goals set

    at each organizational level in support of higher level

    goals.

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    Fundamentals of Management Planning

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    The Planning Process

    Make forecasts and check assumptions.

    Set an objective.

    Determine/develop alternative courses of action.

    Evaluate the alternatives.

    Implement and evaluate your plan.

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    Specific

    Measureable

    Attainable

    Relevant

    Timely

    How Managers Set Objectives:SMART Goals

    S

    M

    A

    R

    T

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    How to Set Motivational Goals

    Assign

    specific

    goals

    Assign

    measurable

    goals

    Assign

    challenging but

    doable goals

    Motivational Goal Setting

    Encourage

    employee

    participation

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    Using Management by Objectives (MBO)

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    The MBO Process

    Set departmental (supporting) goals.

    Set overall organizational goals.

    Discuss departmental goals with subordinates.

    Set individual goals and timetables.

    Give feedback on progress toward goal.

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    The Strategic Management Process

    Strategy

    A course of action the organization intends to pursue to achieveits strategic aims.

    Strategic Plan

    How an organization intends to match its internal strengths and

    weaknesses with its external opportunities and threats tomaintain a competitive advantage over the long term.

    Strategic Management

    The process of identifying and executing the organizations

    mission by matching its capabilities with the demands of its

    environment.

    Leveraging

    Capitalizing on a firms unique competitive strength while

    underplaying its weaknesses.

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    Business Vision and Mission

    Vision

    A general statement of an organizations intended direction thatevokes emotional feelings in organization members.

    Mission

    Spells out who the firm is, what it does, and where its headed.

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    Types of Corporate Strategies

    Concentration

    Vertical

    integration

    Diversification

    Corporate Strategy Possibilities

    Consolidation

    Geographic

    expansion

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    Types of Competitive Strategies

    Cost leadership Differentiation

    Business-Level

    Competitive Strategies

    Focus/Niche

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    Departmental ManagersStrategic Planning Roles

    Help devise

    the strategicplan

    Formulate

    supporting,

    functional/departmental

    strategies

    Department Managers

    and Strategy Planning

    Execute

    the strategicplans

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    Strategic Human Resource Management

    Strategic Human Resource Management

    The linking of HRM with strategic goals and objectives in order

    to improve business performance and develop organizational

    cultures that foster innovation and flexibility.

    Involves formulating and executing HR systemsHR policies

    and activitiesthat produce the employee competencies and

    behaviors that the company needs to achieve its strategic aims.

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    Strategic HRM Tools

    Strategy map HR scorecard

    Strategic HRM Tools

    Digital dashboard

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    Creating an HR Scorecard

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    Outline value chain activities

    Define the business strategy

    Outline a strategy map

    Identify strategically required

    outcomes

    Identify required workforce

    competencies and behaviors

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    Create HR Scorecard

    Identify required HR policies

    and activities

    Choose HR Scorecard

    measures

    Summarize Scorecard

    measures on digital dashboard

    Monitor, predict, evaluate

    The 10-Step HR Scorecard Process

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    Building A High-Performance Work System

    High-Performance Work System (HPWS)

    A set of human resource management policies and practices

    that promote organizational effectiveness.

    High-Performance Human Resource Policies

    and Practices

    Emphasize the use of relevant HR metrics.

    Set out the things that HR systems must do to become an

    HPWS.

    Foster practices that encourage employee self-management.

    Practice benchmarking to set goals and measure the notable

    performance differences required of an HPWS.