Strategic Human Resource Management (Chapter 1) MGT 3513 Introduction to human resource management Dr. Barnett Now is the time to silence and put away all cell phones.

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INTRODUCTION: What is Human Resource Management?

What is management? ____________________

Types of Managers Top Managers Middle Managers First-Line Managers Examples:__________________________________ Middle Managers First-Line Managers

Management vs. human resource management How do they differ or are they the same???

What is Human Resource Management? The design of formal systems in an organization to ensure the effective and efficient use of human talent to accomplish organizational goals. What are some of the major functions of HR? _________________________________________________________________________________

JOBS IN HRM - HTTP://WWW.HRM.MSSTATE.EDU/ABOUTUS/ HR generalist ____________________________________ HR specialist HR consultant

Key HRM Responsibilities Development, implementation, and maintenance of HR systems Examples of HR systems ______________________ Internal consulting Coaching and counseling

HRM DECISIONS INFLUENCE… Business Bottom line Examples of costs Absenteeism Turnover Lawsuits Employees Individual standard of living Compensation Career development

Good HR practices  Lower turnover

Why is turnover expensive??? Turnover is ________________________________ Bad hiring = waste of time & $$$ Specific costs associated with turnover _________________________

http://www.hrm.msstate.edu/ HR at MSU Recruitment – What information can potential job applicants get from MSU’s website? __________________________________________ Compensation - What are some of the benefits of working at MSU?

Questions What is a line employee? What is a staff employee? Which is more specific – a human resources strategy or a human resource tactic? Explain these terms.

Strategic Management & HRM

Questions What are environmental challenges? Give an example from your book. How has the Internet Revolution changed things for companies? Hint: Your book lists 5 ways! Today’s workforce is more diverse than in the past. What are some trends in the demographics of the U.S. workforce?

Let’s Discuss Together… Globalization has brought about dramatic change. Creating worldwide company culture Worldwide recruiting Virtual workforce What is the difference between private-sector and public-sector organizations?

Questions Why are companies increasingly offering “family friendly” programs? Which sector is experiencing more growth - - manufacturing or service? Explain how this type of economic growth may pose a problem in terms of finding qualified employees to fill jobs.

Questions How does your book define organizational challenges? What is decentralization? What is downsizing? What has been the trend in terms of organizational structure over the past two decades?

Decision Making: Centralized vs. Decentralized Centralization Decentralization Decisions are made at ________________of the organization Decisions come from ________________ Decisions are made at ________________ of the organization Decisions come from ________________

Organizational Structure

What is organizational culture? Company Culture What is organizational culture? How would you describe the culture of these companies? http://www.google.com/intl/en/about/ http://www.berkshirehathaway.com/

Questions What is telecommuting? The impact of technology… What is telecommuting? Explain the issue of unethical use of data. What is electronic monitoring? What is egalitarianism?

Questions What is outsourcing? Why do companies use outsourcing? What are some common problems with outsourcing?

What is empowerment? What is brain drain? Questions http://www.msbraindrain.com/the-issue

Questions What is corporate strategy? What is business unit strategy? http://www.gapinc.com/content/gapinc/html/aboutus/ourbrands.html

Porter’s Business Unit Strategies Overall cost leadership strategy

Porter’s Business Unit Strategies Differentiation

Porter’s Business Unit Strategies Focus strategy Can be differentiation – http://www.buildabear.com/ Can be cost-leadership - http://www.claires.com/us/

For Future Class Meetings Be prepared to be called on to answer discussion questions