Notesale: Turn your study into money

Document Preview

Extracts from the notes are below, to see the PDF you'll receive please use the links above

---

Chapter 16: Understanding HR objectives and strategies
Human resource management
- The strategic process of making the most efficient use of an organisation’s employees
...

Horizontal and vertical matching
- Each individual policy adopted in the management of people, such as recruitment, training and
payment systems, should fit with every other policy used
...

- HRM strategies should fit with the overall strategic position of an organisation
...

Personnel functions
- The fundamental difference between HRM and personnel management relates to the overall
approach or philosophy adopted rather than the activities undertaken
...

- Minimising labour costs
...

- Maintaining good employer/employee relations
...

- Corporate culture
...

- Trade unions and the relationship between employers and employees
...

- Overall performance of the business
...

- Economic factors
...

- Technological factors
...

- Actions of competitors
...


HR strategies
Hard HR strategy
- The aim is to utilise employees as efficiently as possible by directing them
...

- Monitor employees, use the efficiently and have their costs controlled in order to achieve the
strategic objectives of the organisations
...

- Style of management is likely to be authoritarian or autocratic
...

- This type of HR strategy includes workforce planning, analysing the current and future demand for
and supply of employees, and predicting labour turnover
...

- Likely to be associated with a democratic management style
...

- Likely to encourage high levels of employee participation

---