Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: n a specific segment within a particular market rather than compete generally across a market • The FOCUS can be either on the product / service (see below) or on the customer (next slide) • Battery Plus – a store that only sells batteries • Knife World – a store that sells every kind of knife you can want…but nothing else • Executive Hire – a recruitment company that only places senior executives Focus – on the customer Focus – on the customer • • • Selling only environmentally friendly products Producing only organically grown vegetables Manufacturing clothes only for very large people Basic Approaches to HR Strategy Basic Approaches to HR Strategy • There are two basic approaches to HR strategy which inform 4 strategies. • The two basic approaches are the Universalistic Approach – tries to identify a set of HR practices that are beneficial to all organizations. The goal is to find the ‘one best way’ of managing HR. • The second is the Contingency Approach – this seeks to match HR practices with particul...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online