Course Objective:
This paper has been designed to acquaint students with the basic understanding about human resource strategic processes in an organization.
Course Outcomes(CO):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
PAPER CODE |
Paper Title |
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MHR 323 |
Strategic Human Resource Management |
CO 116Analyze and evaluate the concept and evolution of SHRM. CO 117Analyze and evaluate various Environmental trends and HR challenges CO 118Distinguish and evaluate various types of Organizational HR strategies CO 119Distinguish between various types of Functional HR strategies CO 120Analyze and evaluate the relevance of Developing HR as Strategic Value Addition Function CO 121 Analyze and evaluate the role of The VRIO Framework and Competency Mapping |
Approach in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study
Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
Strategic Human Resource Management (SHRM): Definition and Components, Evolution of SHRM, Objectives of SHRM, Difference between SHRM & Traditional HRM, Link between HR Strategy and Business Strategy, The 5P Model of SHRM, Process of SHRM.
Approaches of SHRM- Best Fit Approach, The ‘HR Bundles’ Approach, The Best Practice Approach
Human Resource Environment: A brief overview.
Environmental trends and HR challenges- Business Environment, Changing nature of work, Demographic, societal and workforce trends & changing nature of employment relationship, Multiple roles of the HR Manager in the 21st Century, HR Outsourcing- Benefits & Pitfalls.
Human Resource Strategy- Concept, characteristics of effective HR strategy, difference between SHRM & HR Strategies.
Organizational HR strategies: Organizational Development Strategy, Cultural Management strategy, Knowledge Management strategy, Corporate social responsibility strategy.
Functional HR strategies: EmployeeResourcing strategy, Learning & Development strategy, Reward strategy, Talent Management strategy.
Developing HR as Strategic Value Addition Function- Gaining Competitive advantage through HR, HR as strategic business partner, the strategic role of HR Directors, the strategic role of Heads of HR functions, the strategic role of HR Business partners, The VRIO Framework,
Competency Mapping (conceptual knowledge).