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2 | Strategic issues in HRM (SHRM model (Strong SHRM (Horizontal fit…
2 | Strategic issues in HRM
Approaches to HRM
Soft approach
Aspects
Unleash employee resourcefulness
Employee commitment
Employee involvement
Criticisms
Manipulative & deceiving
HRM in the news
Facebook
Pregnancy
Aetna's CEO
$500 for employees to rest
Hard approach
HRM in the news
Jetstar
SHRM model
Role of HR
Resource-based view of the firm
Human capital
Effectively organised using HRM pp
Adding value economically
Training and development
Performance management
Job and work design
Rewards management
HR planning
Attraction and retention
Industrial/employment relations
HR provide competitive advantage
Aspects
Achieving business objectives
Planned HR deployments
Activities intended to achieve goals
Coordinated and integrated approach
Alignment
Assumptions
Unitarist view of power
Hard HRM
Crucial integration and alignment
Strong SHRM
Horizontal fit
Synergy
Temporal fit
Adapting to the future
Vertica fit
Adding value
Critiques