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Organization and Leadership Lecture 11

Strategic Human Resource Management

Strategic Human Resource Management


Set of flashcards Details

Flashcards 10
Language English
Category Micro-Economics
Level University
Created / Updated 21.01.2017 / 21.01.2017
Licencing Not defined
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What is Strategic HRM?

Management process in which the methods and practices of HRM are combined with the strategic goals of the organization, give direction to work in order to suppoert the overall company goals in a meaningful way

Key topics of SHRM

Health managment, expatriate management, Telecommunting/Home office, Use of social media, Diversity management, Leadership development, Knowledge management, Employer branding

How does SHRM contribute to corporal outcomes?

Trough SHRM, certain things are set so employees are able to contribute their absolute potential for the corporate outcomes and so also financial outcomes

What does the general corporate strategy mean for the HR?

General corporate strategy: Expansion, enlarge current activities --> HR: develop employee qualifiactions towards new activities, HR planning & organization & search/selection

General corporate strategy: Technical improvement --> HR: adapt qualifications for tech. and social changes, reorganized departements and positions

General corporate strategy: consolidation --> HR: preserve qualifications, adapt to changes, fluctuation control, career/succession planning