Textbook Notes (280,000)
CA (160,000)
McMaster (10,000)
COMMERCE (2,000)
Chapter 2

COMMERCE 2BC3 Chapter Notes - Chapter 2: Strategic Management, Strategic Choice, Society For Human Resource Management


Department
Commerce
Course Code
COMMERCE 2BC3
Professor
Frances L Tuer
Chapter
2

This preview shows page 1. to view the full 4 pages of the document.
CHAPTER 2: STRATEGIC HUMAN RESOURCE MANAGEMENT
Business Model - how a firm will create value for customers and be profitable.
Strategic Human Resource Management (SHRM) - A pattern of planned human resource deployments
and activities intended to enable an organization to achieve its goals.
Strategy Formation - The process of deciding on a strategic direction by defining a company's mission
and goals, its external opportunities and threats, and its internal strengths and weaknesses
Strategy Implementation - The process of devising structures and allocating resources to enact the
chosen strategy
A Model of the Strategic Management Process
- A firms strategic management decision making process usually takes place at its top levels, with a
strategic planning group.
Role of HRM in Strategy Formulation
Administrative Linkage - focused on day to day activities, engages in administrative work unrelated to
the company's core business needs. [lowest level of integration]
One-Way Linkage - HRM function is to design systems that implement the strategic plan
Two - Way Linkage - the strategic planning team informs the HRM function of the various strategies the
company is considering -->HRM analyze the HR implications--> HRM develops programs to implement.
Integrative Linkage - HRM is involved in both formulation and implementation.
You're Reading a Preview

Unlock to view full version