3 Human Resource

Management Strategy and

Analysis

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 Learning Objectives
1. Explain with examples each of the eight
steps in the strategic management
process.
2. List with examples3
the main types of
strategies.
3. Define strategic human resource
management and give an example of
strategichuman resource management
in practice.

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 Learning Objectives

4. Give at least five examples

of HR metrics.
5. Give five examples
3 of what
employers can do to have
high-performance systems.

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The Strategic
Management 3 Process

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 The Management Planning
Process
The Hierarchy of
Goals 3

Policies and
Procedures

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 Strategic Planning

Step 1. Ask, Where Are We Now

Step 2. Size Up The Situation: Perform
External and Internal
3 Audits
Step 3. Create Strategic Options
Step 4. Review Strategic Options

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 Strategic Planning

Step 5. Make a Strategic Choice

Step 6. Translate into Goals
3
Step 7. Implement the Strategies
Step 8. Evaluate Performance

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 Review

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Types of Strategies
3

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 Types of Strategies

Corporate Strategy
Competitive Strategy
Functional Strategy
3
Managers Roles in
Strategic Planning

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Strategic Human Resource
Management
3

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 Strategic Human Resource
Management
What Is Strategic Human Resource
Management?
Human Resource Strategies in Action
Translating Strategy into
3
Human Resource
Policies and Practices: An Example
Strategic Human Resource Management
Tools

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 IMPROVING PERFORMANCE: HR
Practices Around the Globe

Ritz-Carlton Company had to improve level

of service 3
o This meant new HR plans for:
o Hiring
o Training
o Rewarding hotel employees
Profits soared

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 Strategic Human Resource
Management Tools

Strategy map
The HR scorecard
3
Digital dashboards

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HR Metrics and Benchmarking

HR metrics
o Types of metrics
3
Benchmarking
What Are HR Audits
Evidence-Based HR
The scientific method

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 Review
Definition
Strategies
Policies 3

Service-oriented
example

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HR Metrics and
Benchmarking
3

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 High-Performance Work
Systems

High-Performance
Human Resource 3

Policies and
Practices

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 3

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