Human Resource Management 11e.

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Strategic Human Resource Management

• Not just the application and benefits
  department anymore.
• Organizations spend an average of 36 of their
  revenue on human capital expenses.
• On average, it costs 50-70k to replace a
  professional employee.
• Organizations have realized that the human
  resources department needs to be incorporated
  into the strategy of the company.

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Expanding
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Expanding
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Reducing
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Reducing
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Merging
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Merging
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Liquidating
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Liquidating
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The Importance of HR Involvement in Strategy is
Now Being Realized
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The Importance of HR Involvement in Strategy is
Now Being Realized
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Points to Ponder

1. What is Strategic HR?
2. How do organizations incorporate human resource
   managers into strategic planning?
3. How can human resources departments prove their
   value to the organization?