Human Resource Management

Strategy and Analysis

Hajra Asad
The Strategic Management
Process
Strategic Plan
Companys plan for how it will match its internal
strengths and weaknesses with its external
opportunities and threats to maintain a competitive
advantage over the long-term

Strategic Management
The process of identifying and executing the
organizations strategic plan by matching its
capabilities with the demands of its environment

Strategy
A chosen course of action to achieve strategic aims
The Strategic Management
Process

Where are we now?

Perform External and Internal

Audits

Create Strategic Options

Review Strategic Options

The Strategic Management Process

Make a strategic choice

Translate into goals

Implement the strategies

Evaluate performance
Types of Strategies

Corporate Strategies
What business will
we be in?

Vertical Geographical
Diversificatio Consolidation
Integration Expansion
n Strategy Strategy
Strategy Strategy
Types of Strategies (contd)

Competitive
Strategy

Cost
Differentiation Focusers
Leadership
Strategic Human Resource
Management

The linking of HRM with strategic goals and

objectives in order to improve business
performance and develop organizational
cultures that foster innovation and flexibility.

Involves formulating and executing HR

systemsHR policies and activitiesthat
produce the employee competencies and
behaviors that the company needs to achieve
its strategic aims.
Strategic Human Resource
Management
What are
our
strategic
goals or
aims

What employee behaviors and skills

do we need to achieve our strategic
aims?

What HR Policies and practices will enable us to produce

the necessary employee behaviors and skills?
Strategic Human Resource
Management Tools
Strategy Maps
Map of how each departments performance
contributes to the overall strategic goals
Helps visualize and understand each
departments role

HR Scorecard
Quantifies the strategy map
Assigns financial and nonfinancial goals to
HRM related chain of activities
Indicator of how aligned HR is with
organizations strategy
Strategic Human Resource
Management Tools
HR Scorecard measures the:
maturity of HR Systems,
competence of the HR and other managers,
whether the culture is building sustainable
competencies, and
alignment of HR Systems, competencies, and
culture with the business goals

Digital Dashboard
Computerized picture of the metrics from the
HR Scorecard process