Any HR people here?
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I'm having a hell of a time writing a paper for my HR Management class. I need some ideas on how the corporate strategy of a company influences its HR policies and programs. In addition, how do HR policies and procedures help shape the competitive advantage of a company? Lastly, how does the corporate strategy mutually interact with the HRM strategy of a company? I have a decent amount written so far but am stuck on these things.
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I suppose when it comes to policies and procedures related to hiring practices, employee development, retention and management to encourage innovation and focus on the vision of the company, HR can influence the company to be more competetive.
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HR has many distinct disciplines and components. If you try to generalize about "HR policies and procedures" you won't be able to articulate the linkages between the business strategy and the HR strategy.
For example, you can find cases in the following areas where HR has made significant impacts to helping a business/company succeed:
-Employee Relations (risk managemnt)
-Performance Management (performance v objectives and competency assessment)
-Process Efficiency (outsourcing, benefits design)
-Employee development & Coaching
-Recruitment (marketing/assessment/cost)
-Employee recognition/retention (culture)
-Workforce planning
-Compensation design
In otherwords, you can align any of the above areas to the overall startegy of a company. For example, if a CEO wanted to take his/her company from a sales-driven focus to a R&D-driven focus, you could sit with a good HR manager/consultant and identify how each of the above areas would be affected.
For example, you can find cases in the following areas where HR has made significant impacts to helping a business/company succeed:
-Employee Relations (risk managemnt)
-Performance Management (performance v objectives and competency assessment)
-Process Efficiency (outsourcing, benefits design)
-Employee development & Coaching
-Recruitment (marketing/assessment/cost)
-Employee recognition/retention (culture)
-Workforce planning
-Compensation design
In otherwords, you can align any of the above areas to the overall startegy of a company. For example, if a CEO wanted to take his/her company from a sales-driven focus to a R&D-driven focus, you could sit with a good HR manager/consultant and identify how each of the above areas would be affected.
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lmariorod
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10-26-2017 11:39 AM