COMMERCE 2BC3 Chapter Notes - Chapter 10: Frappuccino, Human Capital, Strategic Management
31 Jul 2018
School
Department
Course
Professor
Document Summary
After an organization has chosen its strategy and has to execute that strategy and the strategy a company pursues dictate certain hr needs. Basic premises behind strategy implication is that an organization has a variety of structural formed an organization processes to choose from when implementing a given strategy, and these choices make an economic difference. 5 different variables determine the success and strategy implementation. Selection, training, and development of people (hrm direct responsibility) Types of information information system (hrm influences) first, for the strategy to be successfully implemented, the tasks must be designed and grouped into jobs in a way that is efficient and effective. Second, hrm function must ensure that at the organization is staffed with people who have the necessary knowledge, skill, and ability to perform their part in implementing the strategy. Achieved through hr planning, recruitment, selection and placement, training, development, and career development.
