HR Strategy
Submitted To
Ms. Nazmun nahar
Lecturer Of
Southeast University
Course Teacher Of
HR Strategy
Course Code-MGT4127
Prepared By
Md. Ismail Hossain
2012010000319
SEC-B
Batch: 30th
Submission date-25-08-2015
Strategic management:
Strategic management means taking any kind of strategic so that the
organization goal can be achieved.
Mission statement: The processes of strategic management mission
statement which explains basic purpose on to exist fundamental
activities.
Example: The mission of SEU to provide outline education to the student
generating research throwing students.
Analysis Environment : Upon establishing a mission statement ,the next
step is to analysis the external environment in which the organization
operates consistence with the I/O model of strategic management.
Decision makes need to analyze vacancy of different company of the
external organization.
Organization selfAssessment: organization has scarred and assessed
its external environment and identified any threats and opportunities.
1. Resource: Financial resources can significantly affect an organization
2.
competitive advantage
Financial
Physical
Human
Technological
Capital
Management System: In assuming culture an organization needs to
understand the income values and philosophies that guide its day to day
o Activities.
o Culture
o Structure
o Power dynamics
o Decisions-making processes.
Functional
Corporate
Level Strategy:
1) Establishing Investment Priorities and strength corporate resources into
the most attractive business units.
2) Initiating actions to improve the combined performance of those business
units with which the component first involved.
3) Findings wages to improve the synergy between related business units in
order to in each performance.
4) Making decisions dealing with diversification .
Returns
Enhanced performance
Potential increased loyalty
Motivation
Costs
Cost of implementing different policies and programs. Ex : training cost
Opportunity cost. Ex : lost time on the job
Reward and benefits
Risks
Increased employability
Obsolescence of skills and abilities
Employee turnover
Non conforming behavior
Requirement of skills different than those possessed by the current employees
Need to cut down the numbers and so on
Demand for new skills
Employee ownership on data and decision making process
Utilitarianism:
Organizations that take a utilitarian perspective evaluate investments by using utility analysis,
also known as cost benefits analysis.
Strategies plan
The rate of the growth of the organization
The demand of the product of the service
New technology that might be acquired enhance
Re design of work system
New quality or customer service instate
Unique forecasting
Top Down planning
The combustion of unique forecasting and top down forecasting
Unique forecasting:
In the unique forecasting the manager every unites is assed same required number of
employees based on the goals and objectives for each managers particular time period after
word senior managers some all the estimates found from all the department. Benefits of these
kinds, when every uses unit forecasting. It is easy to enhance in market.