MHR 849 Study Guide - Summer 2018, Comprehensive Midterm Notes - Time, New Zealand Labour Party, Human Resources
12 Oct 2018
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Document Summary
Strategic human resources management- strategic management of people through hr programs and policies helps to ensure positive organizational outcomes, such as: profitability, customer satisfaction, employee performance, organizational survival. Strategy- the formulation of organizational objectives, competitive scopes, and action plans for gaining advantage. The plan for how an organization intends to achieve its goals. Its like chess: how you want to do business, where you want to move, and how many steps your thinking ahead. The movie hustler : a player of billiards minnesota would always win pool cause he was thinking 6 steps ahead of where the white ball needs to be. Strategic intent- a tangible corpore goal; a point of view about the competitive positions a company hopes to build over a decade. Strategic planning-the systematic determination of goals and the plans to achieve them. Strategy formulation- the entire process of conceptualizing the mission of an organization, identifying the strategy, and developing long-range performance goals.
