STRATEGIC HUMAN RESOURCE MANAGEMENT

FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

STRATEGIC HUMAN RESOURCE MANAGEMENT

UNIT-I: Introduction: Definition of SHRM, Need and Importance of SHRM; Human resources as a source of competitive advantage; Traditional HR Vs. Strategic HR, Barriers to strategic HR, Types of Strategies - Corporate Strategy, Business strategy and HR Strategy.

UNIT-II: Integration of HR Strategy : Integration of HR Strategy with corporate and business strategies; Different approaches to integration; the 5-P model for linking people with strategic needs of business; Role of
HRM in strategy formulation and implementation; HR as a Strategic partner;

UNIT-III: HR Environment and Strategic HR Processes : Impact of Technology, Changing nature of work, demographic changes, workforce diversity etc., on HR; HR Planning , Strategic issues in staffing;
Performance Management: Meaning and need for performance management, performance appraisal systems and their limitations.

UNIT-IV: Training and Development Strategies : Cross - cultural training, Multi-skilling, Succession Planning; Creating a learning organization; Strategically oriented compensation and reward systems: Skill - based pay
broad banding , variable pay, profit sharing, employee stock option plans, executive compensation.

UNIT-V: Systems of high - performance human resource practices; Human resource Evaluation; Measures of Evaluation; HR Audit.