• Analyze the impact of organizational practices on the implementation of Human Resources decisions.
• Analyze the relationship between effective Human Resources strategies and organizational outcomes.
• Critique Human Resources initiatives and their influence on effective organizational performance.
• Integrate the Human Resources balanced scorecard to sustain a competitive advantage.
• Appraise the impact of stakeholder preferences on Human Resources strategies.
• Develop a strategic Human Resources plan that aligns to stakeholder preferences, business strategies, and organizational outcomes.
Scenario
You have been hired as the new vice president of HR of a publicly-traded company of your choice. You have been brought into the organization to specifically address the current shortcomings of HR support to the organization and make the necessary adjustments so that HR strategy is aligned to the overall corporate strategy.
One of the first areas in which you need to familiarize yourself with is how well (or not) the current HR strategies support the organization’s mission and goals. Therefore, you will need to analyze the organization’s HR strategies and assess how these HR strategies enable the organization to be successful. For instance:
• How do these HR strategies create competitive advantages?