3 Human Resource Management Strategy and Analysis

Module 3 - slide 1 Human Resource Management Strategy and Analysis 3 Module 3 - slide 2 Learning Objectives why strategic planning is important to all managers. with examples the steps in the strategic planning process. with examples the main generic types of corporate strategies and competitive strategies. Module 3 - slide 3 Learning Objectives strategic Human Resource Management and give an example of strategic Human Resource Management in practice. describe three important strategic Human Resource Management tools. the importance of metrics for managing Human resources. Module 3 - slide 4 Why Strategic Planning is Important to all Managers Module 3 - slide 5 The strategic process Analysis Planning Implementation Control Module 3 - slide 6 Analytical tools Analysis Module 3 - slide 7 Analytical tools PESTLE Analysis PESTLE is an analytical tool which considers external factors and helps you to think about their impacts Module 3 - slide 8 The factors in PESTLE Analysis P Political oThe current and potential influences from political pressures E - Economic oThe local, national and world economic impact S - Sociological oThe ways in which chang

A competitive strategy identifies how to build and strengthen the business’s long-term competitive position in the marketplace. • Cost leadership means becoming the low-cost leader in an industry. • In a differentiation strategy, the firm seeks to be unique in its industry along dimensions that are widely valued by buyers.

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  Management, Leadership, Strategy, Management strategy

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