performed by HR Alignment across People, Structure and Process
“To earn our clients' trust and
maximize the value of their business by providing solutions that integrate deep industry insights, leading technologies and best in class delivery process” • Mission Statement: To create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles.
• Vision Statement: To accelerate
the world’s transition to sustainable energy. • Mission Statement: Our mission is to organize the world's information and make it universally accessible and useful.
• Vision Statement: To provide
access to the world’s information in one click. • Mission Statement: We strive to offer our customers the lowest possible prices, the best available selection, and the utmost convenience.
• Vision Statement: To be Earth’s
most customer-centric company, where customers can find and discover anything they might want to buy online. Evolution of HRM
Industrial Revolution era
Personnel Management era
Behavioral Perspective era
Strategic HRM era
Roles of managers • Planning • Organizing • Leading • Controlling
The process of acquiring, training, appraising, and compensating
employees, and of attending to their labor relations, health and safety, and fairness concerns 7 (Dessler and Varkkey, 2016) HRM Process • You are the CHRO of OnlineFoodDelivery(OFD), a gig economy organization connecting customers, restaurant partners, and delivery partners through an in-house technology platform. OFD provides restaurant partners with industry-specific marketing tools to engage and acquire customers to grow their business, while also providing a reliable and efficient last-mile delivery service. We also offer our delivery partners flexible and PharmForAll consistent earning opportunities. Do business organizations have a responsibility to • However, during the last few months, there have been ensure that employees have consistent voices in the media related to the exploitative a secure jobs with good working conditions? practices applied by some organizations in the gig economy. Within OFD, the attrition rate remains a concern. The rate is at What alternative measures of a similar level to the organizations in the domain, but organizational performance, substantially higher than other comparable industries. besides share prices, do you think might change the focus • Recently, the media reported an interview with one of our of business leaders? delivery partners, in which the delivery partner went ballistic with his experiences with OFD, mainly related to the hiring, compensating, and morale issues. Concomitantly, the stock market hammered OFD shares. There were some reports of deliberation and planning the course of action at the regulatory agencies. Strategic HRM
• Synergy across the Organization
• HRP aligned with Organization’s Vision and Mission statement • Evidence- and systematic-study based HRM • Talent Management Approach • HR as a profit center Formulating and executing HR policies and practices that product the employees' competencies and behaviors the company needs to achieve its strategic aims (Dessler and Varkkey, 2016) SHRM Process HRM and SHRM BASIS FOR COMPARISON HRM SHRM SHRM implies framing of HR strategies HRM implies the governance of in such a way to direct employees Meaning manpower of the organization in a efforts towards the goals of the thorough and structured manner. organization. Nature Reactive Proactive Responsibility lies with Staff specialist Line manager also Approach Fragmented Integrated Concerned with internal and external Scope Concerned with employee relations relations Time horizon Short term Long term Basic factor Capital and products People and knowledge Change Follows change Initiates change Accountability Cost center Investment center Control Stringent control over employees Soft HRM approach
Q4. Distinguish Between Cost Leadership and Differentiation Strategies. Drawing On Behavioural View, Discuss The Strategic HRM Implication of Adopting Either Strategies.