6_STRATEGY_Instructor_MAY2010

6_STRATEGY_Instructor_MAY2010 - ORGANIAZTIONAL STRATEGY,...

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ORGANIAZTIONAL STRATEGY, HUMAN RESOURCES AND ORGANIZATIONAL EFFECTIVENESS
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STRATEGY DEFINED* 1. What Markets to Enter/Exit (Corporate Strategy ) 2. How to Compete in a Specific Market (Business Unit Strategy )
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Model of the Strategic Management Process Strategy Formulation Strategy Implementation HR Practices Recruiting, Training, Performance management, Labor relations, Employee relations, Job analysis Job design, Selection, Development, Pay structure, Incentives, Benefits Firm Performance Productivity, Quality, Profitability Human Resource Actions Behaviors, Results Human Resource Capability Skills, Abilities, Knowledge Human Resource Needs Skills Behavior Culture Strategic Choice Goals Mission External Analysis Opportunities Threats Internal Analysis Strengths Weaknesses Forecasts of Labor Demand
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Corporate Strategy or Strategy Formulation (S.W.O.T.)* 1. Characteristics of the Firm a. Strengths b. Weaknesses 2. Characteristics of External Environment a. Opportunities b. Threats
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Strategy Formulation Does Line Management Know HR? Does HR Management Know the Business?
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This note was uploaded on 01/31/2011 for the course OBHR 428 taught by Professor Campion during the Fall '09 term at Purdue University-West Lafayette.

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6_STRATEGY_Instructor_MAY2010 - ORGANIAZTIONAL STRATEGY,...

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