Textbook Notes (368,098)
Canada (161,641)
York University (12,801)
ADMS 2600 (126)
Chapter 2

Chapter Two Textbook Notes

2 Pages
Unlock Document

Administrative Studies
ADMS 2600
Monica Belcourt

Chapter Two - Strategic planning: making decisions about organization’s long term goals - HRP: planning for the movement of people within and out of an organization - Strategic HRM (SHRM): HR activities that allow an organization to achieve its goals o strategic analysis: deciding what human resources are needed and which ones are available o strategic formulation: deciding what is necessary in support of human resources o strategic implementation: allocating resources Process to show how a firm’s HRP and strategy efforts can be integrated 1. Mission, Vision, and Values 2. Environmental Analysis: monitoring major external forces a. SKEPTIC: social issues, knowledge, environment/economy, political, technological (demographics), internal, customer b. five forces: new entrants, substitutes, supplies, customers, rival firms 3. Internal Analysis (3Cs) a. culture: quality of work life in the organization (how employees interact with each other, focus on managers, etc.) b. competencies: core competencies that set them apart from competitors c. composition: the make-up of employees i. strategic knowledge workers: have firm-specific skills that are directly linked to company strategy (ex. senior software developer) ii. core employees: have skills to perform jobs that are not unique to a company (ex. janitor) iii. supporting labour: have skills that less strategic and usually available to all firms (ex. general electrician) iv. alliance or partners: have unique skills that aren’t directly related to a company’s core strategy (ex. product label designer) d. forecasting (demand for labour, supply of labour, etc) i. quantitative approach: forecasting based on an organizational index such as sales ii. qualitative approach:  management forecasts (opinions of supervisors, managers, and experts on the company’s future and its needs)  Delphi technique (summarizing the judgments of a preselected group of individuals to minimize subjectivity) iii. forecasting the supply of employees  staffing tables: graphic representations of all jobs and # of employees with future employee requirements  Markov analysis: tracks the pattern of employee movement through various jobs  skill inventories: files of education, experience, interests, skills, etc. so managers can easily match job openings with employee skills  replacement charts: list
More Less

Related notes for ADMS 2600

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.