intro strategy philosophy
TRANSCRIPT
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HR Introduction,Strategy,Philosophy
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I. History
1. Societal Demands
2. Organized Labor
3. Education Levels
4. Size and Complexity of Organizations
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5. Changing Social Values
6. Changing Technology
7. Changing GovernmentRegulations
8. Changing Economic Conditions9. Changing Management Thought
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II. Function of HR
1. Organizational Effectiveness=f(C+RM+L)
2. CFOs increasingly recognizing human capital asa business asset: one that must be MEASUREDand managed as much as other assets.
- DATAR quote
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3. What are some of thegoals/outcomes you are striving for
in HR (not programs)?
- Attract qualified people
- Productivity - Fit- Attendance - Turnover
- Retention - Succession
- Satisfaction - Well Being
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4. How do we achieve these outcomes?
- By getting a good match between theindividual/employee (Abilities and
Motivation) and the organization/job(Requirements and Rewards).
- HR activities->Match->Company/HRObjectives->OrganizationalEffectiveness
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III. Strategic HR
1. Gain Competitive Advantage ThroughHuman Capital!
2. Use SWOT e.g. S=comp program W=weak skills O= outsource T = tight labor
market
3. Competitive Advantage ThroughPeople by Jeffrey Pfeffer. 16characteristics of successful companies:
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1. Employment Security
2. Selective Recruiting3. High Wages
4. Incentive Pay
5. Employee Ownership
6. Information Sharing
7. Participation and Empowerment
8. Teams and Job Redesign
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9. Training and Development
10. Cross utilization/Cross training11. Symbolic Egalitarianism
12. Wage Compression
13. Promotion from Within14. Long Term Perspective
15. Measurement of the Practices
(what gets measured gets done)16. Overarching Philosophy (need to
know where youre going)
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4. Recent survey of 200 HR and Board folks:4/5 company strategic priorities relate to
workforce- attract and retain skilled staff
- improve workforce performance
- change leadership and mgt. behaviors
- change org culture and emp attitudes
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IV. HR Philosophy
1. Remember Theory X and Y?
- not all practice theory y
- challenge your assumptions
2. Top Mgt Philosophy and Commitment & Your Assumptions HRPhilosophy Translated into action by HR Practice CommittedEmployees Competitive Advantage
3. Know what you want so you can talk the talk andthen walk the walk. What if you dont walk?
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4. Chief Norm Stamper
HR Strategy/Phil Culture Behavior
LA Militaristic Controlling/PeckingOrder Public at Bottom
Seattle Participation Empowerment Hiring etc.
5. THERES A CRITICAL LINK BETWEENYOUR PHILOSOPHY (OR TOP MGMTS
PHILOSOPHY) AND HOW ITTRANSLATES INTO AN HRPHILOSOPHY AND THEN INTO HR
PRACTICE
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V. What are some major
issues confronting HR nowand in future?1. globalization
2. diversity3. changing skill requirements
4. retrenchment
5. outsourcing6. nature of work
7. focus on human capital etc.