ADMS 2600 Chapter Notes - Chapter 2: Regional Policy Of The European Union, Offshoring, Competitive Advantage

• School: York University
• Department: Administrative Studies
• Course: ADMS 2600
• Professor: Mark Podolsky

Document Summary

Objective 1- strategic planning (step one) and human resources. Involves a set of procedures for making decisions about the organization"s long-term goals and strategies: main focus on how the business will position itself relative to its competitors in order for long term survival an growth. Human resources planning (hrp: the process of anticipating and providing for the movement of people into, within, and out of an organization, helps managers use their human resources as effectively as possible. Strategic human resources management (shrm: the pattern of human resources deployments and activities that enable an organization to achieve its strategic goals, mergers, joint ventures, offshoring, relocation etc. First step in strategic planning is establishing a mission: mission is the basic purpose of the organization as well as its scope of operations. First step (cont"d) is the strategic vision: a statement about where the company is going and what is can become in the future.