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ROLE OF HR IN STRATEGIC
FORMULATION



                      PRESENTED BY
               BLESSY MARIA JOSEPH&
               RENU ROSE SEBASTIAN
                      S4 MBA
                      MACFAST
STRATEGY

 It deals with providing direction, coordinating
  and providing a decisional framework and
  allocation of resources
 It is all about integrating organizational
  activity and utilizing and allocating the
  scarce resources within the organizational
  environment so as to meet the present
  objectives
STRATEGIC PLANNING
 1. DEVELOPMENT OF ORGANIZATIONAL
  PHILOSOPHY AND MISSION STATEMENT
 2.ENVIRONMENT SCANNING
 3. SWOT ANALYSIS
 4. FORMULATION OF STRATEGIC
  OBJECTIVES
 5.GENERATION OF ALTERNATIVES FOR
  ACHIEVING OBJECTIVES
 6.EVALUATION AND SELECTION OF
  STRATEGIES
STRATEGIC HR

  It defines the employee as an asset on
 which the success of any organization
 depends. According to CHARLES R
 GREER, “ strategic human resource
 management as the effective application of
 the organization’s human resource to
 accomplish the organization’s overall
 strategy”.
               In short strategic HRM provides a
 framework to achieve a long term goal.
NEED FOR STRATEGIC HR
 Enhancement of organization’s economic
  performance
 To survive in the market especially to handle
  the critical aspects
 To utilize the human resource in the most
  effective and optimum manner
 To adapt to various changes in the HR
  policies and practices in accordance with the
  government legislations.
 To assist the organization in its career and
  succession planning
 To ensure stability of the organization with
  contented work force and appreciation from
  the stakeholders and the public.
              Thus in strategic HR it focuses
  on performance, improvement and
  competitive advantage.
IMPORTANCE OF HR TO STRATEGIC
FORMULATION
 PROVIDES COMPETITIVE ADVANTAGE
 CONTROLLING LABOR COST

 EFFECTIVE UTILIZATION OF
  RESOURCES
HR CONTRIBUTIONS TO STRATEGY

 PERFORMANCE
  APPRAISAL,STAFFING,TRAINING AND
  DEVELOPMENT
 ENVIRONMENTAL SCANNING AND
  COMPETITIVE INTELLIGENCE
 IMPLEMENTATION OF RESOURCE
  ALLOCATION
THANK YOU

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Role of hr in strategic formulation

  • 1. ROLE OF HR IN STRATEGIC FORMULATION PRESENTED BY BLESSY MARIA JOSEPH& RENU ROSE SEBASTIAN S4 MBA MACFAST
  • 2. STRATEGY  It deals with providing direction, coordinating and providing a decisional framework and allocation of resources  It is all about integrating organizational activity and utilizing and allocating the scarce resources within the organizational environment so as to meet the present objectives
  • 3. STRATEGIC PLANNING  1. DEVELOPMENT OF ORGANIZATIONAL PHILOSOPHY AND MISSION STATEMENT  2.ENVIRONMENT SCANNING  3. SWOT ANALYSIS  4. FORMULATION OF STRATEGIC OBJECTIVES  5.GENERATION OF ALTERNATIVES FOR ACHIEVING OBJECTIVES  6.EVALUATION AND SELECTION OF STRATEGIES
  • 4. STRATEGIC HR It defines the employee as an asset on which the success of any organization depends. According to CHARLES R GREER, “ strategic human resource management as the effective application of the organization’s human resource to accomplish the organization’s overall strategy”. In short strategic HRM provides a framework to achieve a long term goal.
  • 5. NEED FOR STRATEGIC HR  Enhancement of organization’s economic performance  To survive in the market especially to handle the critical aspects  To utilize the human resource in the most effective and optimum manner  To adapt to various changes in the HR policies and practices in accordance with the government legislations.
  • 6.  To assist the organization in its career and succession planning  To ensure stability of the organization with contented work force and appreciation from the stakeholders and the public. Thus in strategic HR it focuses on performance, improvement and competitive advantage.
  • 7. IMPORTANCE OF HR TO STRATEGIC FORMULATION  PROVIDES COMPETITIVE ADVANTAGE  CONTROLLING LABOR COST  EFFECTIVE UTILIZATION OF RESOURCES
  • 8. HR CONTRIBUTIONS TO STRATEGY  PERFORMANCE APPRAISAL,STAFFING,TRAINING AND DEVELOPMENT  ENVIRONMENTAL SCANNING AND COMPETITIVE INTELLIGENCE  IMPLEMENTATION OF RESOURCE ALLOCATION