1. Formulating a Corporate and Human Resource Strategy
Presented by:
Nur Hasanah, SE, MSc

2. Key Factors in Strategy Formulation
Competitor actions (present and projected)
Environmental opportunities and threats
Strategy formulation
Action
Internal strengths and weakness

3. Stakeholder Groups of an Organization

4. Reciprocal interdependence of corporate strategy and human resource strategy

5. Management guidelines
Strategy formulation is not a neat and clean process.
Strategy and the process of formulating it must be flexible and adaptable.
Strategy formulation is an attempt to anchor the organization to some position in the future.
The market, especially competition, plays a very important role in the formation of strategy and the firm’s sustainable competitive advantage.
Stakeholders are a major influence on the formation of strategy.

6. Human resource audit measurements and their organization’s underlying indicators
Rate
Personnel functions to examine
Turnover rate
Quit rate
Termination rate
Layoff rate
Retention rate
Retirement rate
Length of service rate
Overtime rate
Error/scrap rate
Salary and benefits package
Supervisory practices
Job design
Retirement plan
Employee planning and scheduling
Shortage of staff
Selection and training process
Recruitment, selection and placement
Training and development
Job satisfaction