It is human resource strategy, and the role of human resources in building competitive advantage and successful strategies.
Formulation of strategies focuses on dealing with opportunities and threats in the environment. Human resources and human resource management (HRM) can play major roles in the organization's overall strategy, particularly when human resources are viewed as providing a major competitive advantage... displayed 300 characters
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Human resources and human resource management (HRM) can play major roles in the organization's overall strategy, particularly when human resources are viewed as providing a major competitive advantage. Strategic human resource management (SHRM) is the effective application of the organization's human resources to accomplish the organization's overall strategies... displayed next 300 characters
identifying and analyzing external opportunities and threats that may be crucial to the company's success. Similarly HR management is in a unique position to supply competitive intelligence that may be useful in the strategic planning process...
Wright and McMahan defined Strategic Human Resource Management (SHRM) as "the pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals" (1992:298)...
BUSINESS STUDIES UNIT
SPECIALIST HUMAN RESOURCES MANAGEMENT PROGRAMME
HUMAN RESOURCE STRATEGY
STUDY YEAR: 2006
DATE: Saturday, 02nd September 2006
TIME/ DURATION: 08h00 ? 12h00 (4 Hours)
MAXIMUM MARKS: 100
PAGES (INCLUDING COVER): 02
EXAMINER: Rene' Graaf
QUESTION 1: Case Study
Formulate, implement and evaluate an HR strategy that addresses some of problems that exist at AltoTech...
Today companies are finding it necessary to expand internationally to gain competitive advantages (Noe, Hollenbeck, Gerhert, Wright, 2004). This forces companies to hire employees in the foreign countries where they operate...
Valuable: An organisation resource can be a source of competitive advantage only when they are valuable. Resources are valuable when they enable a firm to formulate and implement strategies that improve its efficiency or effectivenesss
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