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Summary - Strategic Human Resource Management
SHRM is a relatively young discipline. How old is it?25 years
What is the new economy?A shift in the 1990's from manufacturing/production into a service sector based economy
The work in the new economy can be characterized by ...?High knowledge intensity, web-based organizing, contracts trough intranet or internet, centers on the other side of the world, integration of work design, technology and services delivered.
What is competitive advantage?An organization's position in comparison to its direct competitors
What is the definition of HRM?HRM involves management decisions related to policies and practices that together shape the employment relationship and are aimed at achieving individual, organizational and societal goals.
Employment relationship is the focus of HRM
By which 4 contract elements can the employment relationship can be characterized?
- legal (rights and obligations)
- economic (effort and pay)
- psychological (not written down but are expected)
- sociological (social relationships)
MHRM covers the sub functions of human resource policy and practice.
IHRM is concerned with HRM in MNC's and HRM across borders.
SHRM focusses on issues of linking HRM to the business strategy.
What are stakeholders?All groups inside and outside an organization that can affect its strategy and goals.
What is the focus of the Anglo-American model?Creating shareholder added value
What is the focus of the Rhineland model?Broader view taking in to account employee interests
What are the 4 different frames that can be used to study organizations?
How can succes be achieved in the strategic balance model?
When financial performance and societal performance of an organization are above average
2 Strategic Human Resource Management and Context
best-fitschool argues that HRM is more effective when it is aligned with internal and external context. The best-practiceschool argues a 'one size fits all' perspective.
What are Pfeffer's seven best practices?
- Selective recruitment
- Extensive training
- Performance related pay (PRP)
- Information sharing and communication
- Reduction od status differences
- Employement security
Context represents the set of facts or circumstances that surrounds the organization.
What are the 3 components of the internal context?
- administrative heritage
What is the external context?The outside mechanisms that affect the organization or interact with it.
What are the 2 general outside mechanisms that determine the external context?
- Market mechanisms
- Institutional mechanisms
What is market mechanisms?The degree of competition between organizations
Wat are the 3 categories within institutional mechanisms?
- Coercive: legislation, protocols and procedures
- Normative: employee's routines, habits, norms and values
- Mimetic: uncertainty and hypes
An optimal fit between HRM and the context can positively affect the business model and the organization's succes. A better fit can be achieved trough strategic decision making.
What is a strategy?An organization's intention to achieve certain goals trough planned alignment between the organization and its environment.
SHRM is focused on the alignment or fit between the organizational
strategyand the HR strategy
General environment represents all the market and institutional mechanisms that affect all organizations in a country
Population environment represents all the market and institutional mechanisms that affect organizations in a certain sector
There are 4 types of fit
- Strategic (vertical)
- Internal (horizontal)
- Environmental (institutional)
Strategic or vertical fit is the alignment between the overall business strategy and the HR strategy
Internal or horizontal fit is the link between individual HR practices
Organizational fit is the link between HR strategy and organizational systems
Environmental fit is the link between HR strategy and the institutional environment
What are the 4 linkages that can be distingued within strategic fit?
- Administrative (no link between strategy and hr)
- On-way (HR is affected by overal strategy)
- Two way (Both have influences)
- Integrative (full alignment)
an HR system is a coherent and consistent set of HR practices that combined together result in a higher organizational performance than the sum of the effect using each HR practice separately.
What is a deadly combination?A misfit between HR practices
What is the strategic choice?The degree of leeway in strategic decision making given the organizational context
In case of h
yper-determinisman organization has absolutely no leeway because choices are determined by contextual conditions.
In case of
hyper-voluntarisman organization has maximum leeway.
For what can the HR strategy scan (six-component model) be used?Perform a context analysis
True or false?
'The HR strategy scan builds on the assumption that more fit leads to better performance'True
HR strategyscan consists of the following 6 components
- External general market
- External population market
- External general institutional
- External population institutional
- HR strategy
What are the 5 key HR practices?
- Recruitment and selection
- Training and development
- Appraisal and PM
- Employee participation
What are the types of fit that belong to number 1, 2 , 3 and 4 ?1= Strategic
Latest added flashcards
Brede maatschappelijke perspectief: nadruk op verschillende institutionele context, bijvoorbeeld op het niveau van industrie, regio's en landen.
Multi-level: individuele werknemer en strategische organisatie perspectief.
2. Hiërarchie (hoog - laag) machtsafstand
3. Gender (mannelijk -vrouwelijk)
4. Onzekerheidsvermijding (gevoel bij behandeling in situaties)
5. Tijd (lange termijn denken - handelen op korte termijn)
Hangt af van de specifieke internationale context zoals eigen wetten, politieke speelveld, vakbonden etc. (er is geen beste manier, het hangt af van de context).
- Individueel welzijn (motivatie werknemers)
- Organisatie effectiviteit
- Maatschappelijk welzijn (milieu, klimaat)
--> lange termijn consequenties: Individueel welzijn, effectiviteit, organisatie en maatschappelijk welzijn.