To achieve its aims in Strategic Human Resource Management, an organisation formulates and execute Human Resources A. Policies B. Behaviours C. Practices D. Competencies Choose the correct answer from the options given below:
A and C only
Strategic Human Resource Management (SHRM) is about aligning an organisation's human resource functions with its overall strategic goals. The aim is to ensure that the people within the organisation are managed in a way that helps the organisation achieve its objectives, gain a competitive advantage, and adapt to the changing business environment.
To successfully implement its strategic aims, an organisation must translate these goals into concrete actions related to how it manages its employees. This translation happens primarily through formulating and executing specific Human Resources (HR) elements.
Let's examine the options provided in the question and understand their role in achieving Strategic Human Resource Management aims:
Organisations formulate strategies and then translate them into HR policies and practices. These policies and practices, when executed effectively, are intended to shape employee behaviours and develop necessary competencies, ultimately leading to the achievement of the organisation's strategic goals.
Therefore, HR Policies and HR Practices are the core instruments that an organisation formulates and executes as part of its Strategic Human Resource Management effort to achieve its aims.
| Element | Role in SHRM Implementation |
|---|---|
| Policies | Formal rules and guidelines; direct instruments for consistent management aligned with strategy. |
| Behaviours | Outcomes influenced by policies and practices; not primary instruments of execution. |
| Practices | Specific methods and programs; operational tools for executing policies and achieving aims. |
| Competencies | Employee attributes developed/utilised; not primary instruments of execution. |
Based on this analysis, the elements that an organisation formulates and executes to achieve its aims in Strategic Human Resource Management are primarily HR Policies and HR Practices.
| Term | Brief Description |
|---|---|
| Strategic HR Management | Aligning HR activities with overall business strategy. |
| HR Policies | Guidelines for employee management (e.g., leave policy, code of conduct). |
| HR Practices | Methods and programs for HR functions (e.g., recruitment process, training program). |
| Organisational Aims | The overall goals and objectives of the business. |
The successful execution of Strategic Human Resource Management relies heavily on the effective implementation of HR policies and practices. This involves clear communication of policies, fair and consistent application, and efficient management of practices like performance appraisals, training, and compensation.
While behaviours and competencies are crucial for organisational success and are indeed shaped by SHRM, they are more accurately viewed as results or capabilities that SHRM aims to foster and leverage, rather than the direct tools used to formulate and execute the strategy itself. The strategy is formulated into policies and executed through practices.
Which of the following are the components of Mc Kinsey's 7-S framework?
A. Shared values
B. Procurement
C. Strategy
D. Technology Development
E. System
Choose thecorrectanswer from the options given below:
________ usually have intensive distribution because sales of these products tend to have a direct relationship to their availability.
Given below are two statements labelled as Assertion (A) and Reason (R). Read the statements and answer the question that follows:
Assertion (A) : The basic thrust of strategic decision making in the process of strategic management is to make a choice regarding the courses of action to adopt, which is the primary task of the senior management.
Reasons (R) : This is so because the basic concern in strategic management is to seek answers to questions. What is our business? What will it be? and what should it be?
Which of the following options is correct?
Re-engineering, a radical redesign of business processes, is an essential and integral to which of the following strategies?
According to Mintzberg's model of strategic decision making, its modes are:
(a) Entrepreneurial, adaptation and planning
(b) Managerial, incrementalisation and judgmental
(c) Entrepreneurial, planning and incrementalisation
(d) Judgemental, managerial and leadership
Which of the following options is correct?