COMMERCE 2BC3 Chapter Notes - Chapter 2: Institute For Operations Research And The Management Sciences, Outsourcing

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 2BC3
• Professor: zeng

Document Summary

Strategic human resource management: a pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals. Strategy formulation: 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. Administrative linkage: (lowest level of integration), the hrm function"s attention is focused on day-to-day activities. The company"s strategic business planning function exists without any input from the hrm department. One-way linkage: in one-way linkage, the firm"s strategic business planning function develops the strategic plan and then informs the hrm function of that plan. Two-way linkage: two-way linkage allows for consideration of human resource issues during the strategy formulation process. Inform hrm, present ideas to strategic planning team, strategic plan is passed to hrm.