This document provides an overview of the key topics to be covered in a lecture on strategic human resource management. It includes the course structure with assignments, exams and participation. It discusses traditional vs strategic HRM and how strategic HRM can improve business performance. Key aspects of strategic HRM are outlined such as resourcing strategies, performance management, employee communication, rewards and retention. Factors that influence employee performance and engagement are also summarized.
40. • Hunting and gathering (Use of bows and arrows)
• Farming (Only 10% embraced CHANGE)
• Industrial Revolution (10% embraced CHANGE)
• Knowledge worker Era (10% embraced CHANGE)
41. Today is Age of Wisdom
• Know yourself
• Positive Mental Attitude (85% recruitment is
based on ATTITUDE)
• Creativity
42. Importance of Human resource
SLAVE LABOR
WORKEREMPLOYEE
ASSETS
HUMAN PARTNER
CAPITAL
43. Sources of Employee Value
• Technical Knowledge
– Markets, Processes, Customers, Environment
• Ability to Learn and Grow
– Openness to new ideas
– Acquisition of knowledge and skills
• Decision Making Capabilities
• Motivation
• Commitment
• Teamwork
– Interpersonal skills, Leadership ability