ADMS 3430 Chapter Notes - Chapter 2: Southwest Airlines, Decision Theory, Strategic Management
Document Summary
Chapter 2: human resources strategy third year notes for hr planning3430. Theories of the strategic management of human resources: Hrm making strategic contributions: hr management, formally called personnel management started as an administrative function and had traditionally been associated with costs in organizations. Without the right hr systems, the employees are less effective. Strategic hr planning: a more traditional perspective of the hr planning concept implied that the organization was concerned only with possible problems of labour surpluses and shortages. Goal was to determine the knowledge, skills, and abilities (ksa"s). The value of employees as a resource must be placed within a strategic framework. In other words, a strategy itself can become obsolete, making current employee skills obsolete. Hr managers might not look for replacements for current skills but rather consider what skills will allow the organization to implement its strategy a few years from now. Hr planning ensures that human assets are managed and matched to the organizational strategy.