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STRATEGIC HUMAN RESOURCE MANAGEMENT
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Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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On completion of this course, the students will be able to; CO 1. Analyze the concept of Strategic Management and portfolio Analysis CO 2. Analyze and evaluate the concept and evolution of SHRM. CO 3. Analyze and evaluate various Environmental trends and HR challenges CO 4. Evaluate various types of HR strategies CO 5. Evaluate various types of Functional HR strategies CO 6. Analyze and evaluate the relevance of Developing HR as Strategic Value Addition Function and the role of The VRIO Framework |
Approach in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study
Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
Strategic Management:
Concept, Strategic intent, vision, mission, business definition and objectives, levels of Strategy- Corporate, Business & Functional level, Strategic management process, Porters' Five forces model for Industry analysis
Portfolio Analysis: BCG Matrix, GE Nine Cell Matrix, Gap Analysis
Strategic Human Resource Management (SHRM): Definition and Components, Evolution of SHRM, Objectives of SHRM, Difference between SHRM & Traditional HRM, Link between HR Strategy and Business Strategy, The 5P Model of SHRM, Process of SHRM.
Approaches of SHRM- Best Fit Approach, The ‘HR Bundles’ Approach, The Best Practice Approach
Human Resource Environment: A brief overview.
Environmental trends and HR challenges- Business Environment, Changing nature of work, Demographic, societal and workforce trends & changing nature of employment relationship, Multiple roles of the HR Manager in the 21st Century, HR Outsourcing- Benefits & Pitfalls.
Human Resource and Functional Strategies: Organizational Development Strategy, Cultural Management strategy, Knowledge Management strategy, Talent Management strategy, Reward strategy, Corporate social responsibility strategy.
Developing HR as Strategic Value Addition Function:
Gaining Competitive advantage through HR, HR as strategic business partner, the strategic role of HR Directors, the strategic role of Heads of HR functions, the strategic role of HR Business partners, The VRIO Framework.
*Case studies related to entire topics are to be taught.
Essential Readings:
- Michael Armstrong., “Strategic Human Resource Management”, Kogan Page India Pvt. Ltd.
- Prasad, L M. (1995), Business policy & strategy, New Delhi: Sultan Chand & Sons
- Azar Kazmi, Business Policy and Strategic Management.
- Tanuja Agarwala, “Strategic Human Resource Management”, Oxford University Press.
- Charles R. Greer., “Strategic Human Resource Management”, Pearson Education Asia, Delhi
- Ramakanta K. Patra, ‘Strategic Human Resource Management & Organizational Development’, Himalaya Publishing House, New Delhi.
- Jeffrey A. Mello, ‘Strategic Human Resource Management’, Cengage Learning, New Delhi.
- Azhar Kazmi, Business Policy; Tata McGraw Hill Publishing Co. Ltd. New Delhi. Thompson & Strickland: Strategic Management-Concepts and Cases; Tata McGraw Hill Publishing Co. Ltd. New Delhi; 12th Ed. 2001
Suggested Readings:
- Ramaswamy and Namakumari: Strategic Planning -Formulation of Corporate strategy; MacMillan India Ltd. New Delhi
- Rajib Lochan Dhar, Strategic Human Resource Management, Excel Books
- Shaun Tyson, Jaico Strategic Prospects for HRM, Publishing House
E Resources:
- https://www.expresslibrary.mheducation.com/bookshelf https://www.expresslibrary.mheducation.com/bookshelf Mcgraw2020
- http://www.mim.ac.mw/books/Armstrong's%20Strategic%20Human%20Resource%20Management.pdf By: Michael Armstrong 3rd Edition
Journals:
- Journal of Operations and Strategic Planning
- https://journals.sagepub.com/home/osp
- Journal of Strategic Human Resource Management
- http://www.publishingindia.com/jshrm/
