COMMERCE 2BC3 Chapter 2: Chapter 2 Textbook Notes

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Chapter 2 textbook notes: strategic hrm: this chapter is all about the competitive aspect of orgs. and hr"s role, companies use different types of resources to compete: Organizational (structure, planning, controlling, coordinating, group relations) Human (experience, skill, intelligence of eomployees: idea here is to use and allocate these resouces in a way that gives you competitive advantage-strategic management. Org. and human resouces strategic human resources management. Importance of hrm being involved and integrated in the whole business to be competitive: 1. Managers have input into the stragetic plan (people realted and ability of h. r. to implmenet strategic alteranatives: 2. Have specific knowledge of org. s strategic goals: 3. Know what type of emomployee skills, behaviours and attitudes are needed to support the strategic plan: 4. Major goals, policies and action sequneces in a cohesive way: can be generic strategies like cost, differentiation, etc.

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