Class 2 - Sept 13.pptx

Strategic Human Resource Management atif acikgoz PreviousWeek on SHRM • Introducing the course outline • TeamCreation ThisWeek on SHRM • Revision of TeamCreation • The models of strategy • Strategic management process what do you expect to learn from this course? CaseStudy1 High Growth Indus...

Strategic Human Resource Management atif acikgoz PreviousWeek on SHRM • Introducing the course outline • TeamCreation ThisWeek on SHRM • Revision of TeamCreation • The models of strategy • Strategic management process what do you expect to learn from this course? CaseStudy1 High Growth Industries •What is the purpose of reading that case? Strategy what is strategy? CLICK what is the difference between strategic planning and strategic thinking? CLICK strategy is the management of unknown! what are the sources of unknown for organizations? Three models of strategy 1-The industrial organization model formed the basis of strategic management through the 1980s. This model argues that the primary determinant of an organization’s strategy should be the external environment in which the organization operates and that such considerations have a greater influence on performance than internal decisions made by managers. keyword: industry-level competition ClassActivity • • • • • • Create 3-4 people of teams Choose one of the shown brands Review the suggested website Explore further by googling the brand Conduct an industry analysis by considering HR-related issues (e.g., workforce) Introduce your findings and discuss CLICK 2-The resource-based model, sometimes referred to as the resource-based view of the firm, argues that the organization’s resources and capabilities, rather than environmental conditions, should be the basis for organizational success. keyword: organizational resources 3-Search for keyword: changes in environments Dynamic capabilities are the firm’s ability to integrate, build, and reconfigure internal and external resources/competences to address and shape rapidly changing business environments. Changes in environments lead to the reconfiguration of organizational resources, resulting in changes in organizational capabilities. Once an organization develops dynamic capabilities, its CEO can speak like him: CLICK What did he mention? The industrial organization model The resource-based model Dynamic capabilities The Process of Strategic Management Strategic management is a process by which top management examines the organization and the environment in which it operates and attempts to establish an appropriate and optimal “fit” between the two to ensure organizational success. Organizations have a mission statement that explains in very simple terms the organization’s purpose and reason for existence. Our mission is to organize the world’s information and make it universally accessible and useful. Who is this organization? Once the organization has established and articulated its mission, assessed its external environment, and identified internal resources and management systems that affect its performance, it is then ready to establish its goals and objectives for the next time period. how? Conside r Google Apple Samsung Ford Coca-Cola  HR strategy will serve as a framework by which the organization can develop a consistent and aligned set of practices, policies, and programs that will allow employees to achieve the organization’s objectives. To do so, they need to first understand organizational environments and resources.  Then, HR strategy will serve to ensure a “fit” between corporate strategy and HR programs and policies. TeamWork • Follow the instructions that I included on the SHRM_Case_I document. • Submit your teamwork at the end. Thank you!