BU354 Lecture Notes - Lecture 1: Job Design, Common Hardware Reference Platform
BU-354 Chapter 1: Strategic Human
Resource Management
Human Resource Management
• Organizational Goals
o Organization’s short and long term goals that HR management aims to support and
enable
• HR Management
o Leadership and management of people within an organization using systems, methods,
processes and procedures that enable employees to optimize performance and their
contributions to the organization
• Strategic HR Management
o Integrating strategic needs of an organization into our choice of HR Management
systems and practices to support the organization’s overall mission, strategies, and
performance
• Proactive HR Management
o HR Management Approach where decision makers anticipate problems and take action
before they impact the company
• Reactive HR Management
o HR Management Approach where decision makers respond to problems or challenges
as they arise rather than anticipating
Strategic HR Management Process
1. Organizational mission, Goals, and Strategy Analysis
a. Mission Statement identifies the long term goals for the company and the activities they
will pursue
b. Strategies
i. Cost Leadership Strategy: Gain competitive advantage through lower costs
ii. Differentiation Strategy: Gain competitive advantage through unique
product/service
iii. Focus Strategy: Gain competitive advantage through focusing on needs of a
segment of the market
2. Environmental Scan
a. Economic Forces
i. Economic Cycles, Global Trade, Productivity, and Innovation
b. Technological Forces
i. Flexible work design, Connectivity, Mechanization
c. Demographic Forces
i. Gender Balance in Workplace, Shift towards Knowledge Workers, Educational
Attainment of Workers, Aging Population, Generational Shift
d. Cultural Forces
