Paper has been designed such that it acquaints the students with the basic understanding about human resource strategic processes in the organization.
Introduction: Concept of strategy, Strategic Intent & vision, mission and objectives, Nature and scope of Strategic Management, Process of Strategic Planning and Implementation.
Concept of Strategic HR: Meaning of Strategic HRM, Process, Aims, Approaches, The 5P Model of SHRM, Criteria for Sustainable Competitive Advantage and Limitations of SHRM,
Strategy Formulation: Corporate level strategy, Business level strategy, Functional level strategy, Characteristics of HR strategy, Process of strategic formulation, Formulation of HR strategy, Human Resource Environment.
Strategy Implementation: Aspects and Issues in Strategy Implementation, Roles in Strategic HRM – Role of Top management, Role of HR Director, HR Specialist and Role of Front-line management.
HR Strategies: Organization HR strategies – Strategies for Organizational Development, Cultural Management strategies, Change Management strategies.
Functional HR strategies – Resourcing strategy, Learning & Development strategy, Reward strategy, Employee Relations strategy and Performance Management strategy.