Slide MGT415 Slide02

Chapter 2

Aligning HR with
Strategy

Learning Objectives
After reading this chapter, you should be
able to:
• Understand the importance of strategic HR
planning
• Identify the risks associated with not
planning
• Discuss approaches to linking strategy and
HR, including the barriers to becoming a
strategic partner
© 2010 by Nelson Education Ltd.

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Learning Objectives
After reading this chapter, you should

be able to:
• List the characteristics of an effective
HR strategy
• Delineate the steps in the strategic HR
planning model

© 2010 by Nelson Education Ltd.

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Human Resources
Management
Human Resources
Management (HRM)
is an umbrella term
that encompasses:
• Specific HR practices
• Formal HR policies
• Overarching HR
philosophies

© 2010 by Nelson Education Ltd.

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Strategic HRM
Strategic HRM
• interrelated practices,
policies, and
philosophies that
facilitate the attainment
of organizational
strategy

© 2010 by Nelson Education Ltd.

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Human Capital
Human Capital
• the sum of

employees’
knowledge, skills,
experience, and
commitment
invested in the
organization
© 2010 by Nelson Education Ltd.

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