INTRODUCTION TO HRM

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INTRODUCTION TO HRM
I. ROLE OF HRM II. STRATEGIC HRM
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Continuum of Staff Authority

No HR Responsibility
Full HR Responsibility
Joint Decision
Mgts Decision
HRs Decision
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Gaining a Competitive Advantage through People

• Combining core competencies to create a
  competitive advantage
• A companys Human Resources must
• ADD VALUE
• BE RARE
• BE NOT IMITATEABLE
• BE ORGANIZED EFFECTIVLY

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How HR Adds Value
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HR Value-Added Outcomes

• Enhancing Employee Productivity
• Reducing Turnover
• Increasing Job Satisfaction
• Cutting Costs

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HRs Strategic Activities

• Help develop the business strategy.
• Help identify or design strategy options.
• Help decide among the best strategy options.
• Help plan the implementation of the strategy.
• Help design the criteria for strategic success.
• Restructure the organization to facilitate the
  strategy.
• Assess readiness to implement strategies.
• Help Implement the strategy
• Identify new business opportunities.
• Assess possible mergers, acquisitions,
  divestitures.
• Recruit, develop, and retain the necessary talent.

Source Adapted from Lawler III, E. E., Boudreau,
J. W., Mohrman, S. A. (2006). Achieving
strategic excellence An assessment of human
resource organizations. Palo Alto, CA Stanford
University Press.
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Focusing on Key Activities
Does Activity Add Value ? Yes No