Wednesday, September 7, 2022

BMP:SEM4:SPECIALIZATION HR:PAPER 1/4: STRATEGIC HUMAN RESOURCE MANAGEMENT

1. Introduction to Strategic HRM: 

Definition, Need and Importance, Introduction to business and corporate strategies,

Integrating HR strategies with business strategies, Developing HR plans and policies.

2. Human Resource Environment: 

Technology and structure, Workforce diversity, Demographic changes, Temporary Contract

Labour, Global Environment, Global Competition, Global sourcing of labour, WTO and labour

standards.

3. Recruitment and Retention Strategies: 

Online recruitment, Employee referrals, Recruitment process outsourcing, Headhunting,

Executive education, Flexi timing, Telecommuting, Quality of work life, Work – life balance,

Employee empowerment, Employee involvement, Autonomous work teams.

4. Training and Development Strategies: 

Creating learning organization, Competency mapping, Multiskilling, Succession planning,

Cross cultural training.

5. Performance Management strategies: 

Defining key result areas (KRA) - Result based performance, Linking performance to pay,

Merit based promotions.

6. Reward and Compensation Strategies: 

Performance based pay, Skill based pay - Team based pay, Broad banding Profit sharing,

Executive compensation, Variable pay.

7. Retrenchment strategies: 

Downsizing, Voluntary retirement schemes (VRS), HR Outsourcing, Early retirement plans,

Project based employment.

8. Human Aspects of Strategy implementation: 

Behavioural issues in strategic implementation, Matching culture with strategy, Human side

of mergers and acquisitions, Leadership, power and politics, Employee morale, Personal

values and business ethics.

9. Global HR Strategies: 

Introduction to global HR strategies, Developing HR as a value added function.


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