Professional Documents
Culture Documents
(Contd.)
monitor and evaluate the outcomes of work. HR strategy aims at developing highly committed and exible people, internal
markets that reward commitment with promotion and a degree of job security, and a participative leadership style that forges
a commonality of interest and mobilizes consent to the organizations goals.
These are:
Selection matching available human
resources to jobs
Appraisal performance management
Rewards the reward system must be short
& long-term, bearing in mind that business
must perform in the present to succeed in the
future
Development developing high quality
employees
Guest Model of HRM
As per Guest Model, individuals can be
motivated for helping the organization to achieve
excellence by concentrating on six core values
The superior organizational excellence will only
be achieved if these six core values are
integrated with organizations strategic
objective & are implemented coherently.
Guest Model of HRM (Contd.)
The six core values are:
Ategy: This will set the long term goals of where the
company is viewed, examples of this could be a to
make x amount of profit over the next 5 years or to
gain worldwide customer base within 3 years.
HRM policies need to be set and examples of these
are Attendance policies, Leave policies or Dress
code policies.
A set of outcomes, an example of this could be a
reduction in the headcount which meet the objectives
of 2010 or expansion into the Far East has been
achieved.
Guest Model of HRM (Contd.)
The behavioral outcomes are examples of the
way employees react & resolve certain issues
and these can include analytical,
communication or decision making behaviors
Performance outcomes are objectives which
will monitor an employees performance over
the year and will feed into his/her yearly
appraisal
Financial outcomes are the result of HR
strategy and determine the financial
performance of the organization
Harvard Model of HRM
Harvard model is based upon situational
factors and stakeholder interests
Situational factors are not within the
organizations control, such as, legal,
environmental and trade unions
Stakeholder interests are factors which are
inuenced by any person or body with a
vested interest in the organization
The managers can affect a number of factors
by means of the policy choices they make
Harvard Model of HRM
(Contd.)