STRATEGIC HUMAN RESOURCE MANAGEMENT

Paper Code: 
MHR422
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to acquaint the basic understanding about human resource strategic processes in an organization

Course Outcomes: 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Course

Code

Course

Title

24MHR422

STRATEGIC HUMAN RESOURCE MANAGEMENT

(Theory)

CO508: Analyze the concept of Strategic Management and portfolio Analysis

CO509: Analyze and evaluate the concept and evolution of SHRM.

CO510: Analyze and evaluate various Environmental trends and HR challenges

CO511: Evaluate various types of Functional

HR strategies

CO512: Evaluate the relevance of Developing HR as Strategic Value Addition Function and the role of The VRIO Framework

CO513: Contribute effectively in course-specific

interaction.

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

 

12.00
Unit I: 
Strategic Management and Portfolio Analysis

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

12.00
Unit II: 
Strategic Human Resource Management

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

12.00
Unit III: 
Human Resource Environment

Environmental trends and HR challenges- Overview 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.

12.00
Unit IV: 
Human Resource and Functional Strategies:

Human Resource and Functional Strategies: Organizational Development Strategy, Cultural Management strategy, Knowledge Management strategy, Talent Management strategy, Reward strategy, Corporate social responsibility strategy.

12.00
Unit V: 
Developing HR as Strategic Value Addition Function:

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., Business policy & strategy, New Delhi: Sultan Chand & Sons
Azar Kazmi, Business Policy and Strategic Management.
Tanuja Agarwala, “Strategic Human Resource Management”, Oxford University Press.

References: 

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 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 Charles R. Greer., “Strategic Human Resource Management”, Pearson Education Asia, Delhi

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%20... t.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/

Academic Year: