HRM 2600 Lecture Notes - Markov Chain, Balanced Scorecard, Brand Management
Document Summary
Procedures for making decisions about the organization"s long-term goals and strategies. Process of anticipating and making provision for the movement (flow) of people into, within, and out of an organization. The pattern of human resources deployments and activities that enable an organization to achieve its strategic goals. Strategy formulation providing input as to what is possible given the types and numbers of people available. Strategy implementation making primary resource allocation decisions about structure, processes, and human resources. The basic purpose of the organization as well as its scope of operations. A statement about where the company is going and what it can become in the future; clarifies the long-term direction of the company and its strategic intent. The strong and enduring beliefs and principles that the company uses as a foundation for its decisions. Availability of installation and repair services and parts: rival firms: Examining the nature of competition: new entrants: