HRM 3430 Lecture Notes - Lecture 2: Information Overload, Human Capital

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Leigh Lampert

Document Summary

Strategic hrm is a set of distinct but interrelated practices, policies, and philosophies enable organizations strategy. By involving hr in the discussion of strategic policies, an organization has a better chance of being effective in the implementation of these policies. Various approaches to linking hrm strategies to organizational strategies. We can start with the corporate strategy that leads to the hr strategy, or start with the hr competencies that lead to business strategy, or use a blend of the interrelationship of the hr strategy and the corporate strategy. Aligning hr strategy with the corporate strategy and with other functional strategies is important. Human resources management (hrm) is an umbrella term that encompasses: specific hr practices (recruitment, selection, appraisal, formal hr policies, overarching hr philosophies (values that inform the organization"s policies and practices) Strategic hrm: interrelated practices, policies, and philosophies that facilitate the attainment of organizational strategy.