strategic fit strategic human resource management
TRANSCRIPT
Strategic fitStrategic Human Resource Management
Prepared By
Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations.
Manu Melwin JoyAssistant Professor
Ilahia School of Management Studies
Kerala, India.Phone – 9744551114
Mail – [email protected]
The concept of Strategy
• The concept of strategy is
based on three subsidiary
concepts:
– Competitive advantage.
– Distinctive capabilities and
– Strategic fit.
Strategic fit
• The concept of strategic fit
states that to maximize
competitive advantage a firm
must match its capabilities
and resources to the
opportunities available in the
external environment.
Strategic fit• As Hofer and Schendel (1986)
conclude: ‘A critical aspect of top management’s work today involves matching organizational competences with the opportunities and risks created by environmental change in ways that will be both effective and efficient over the time such resources will be deployed.’
