Strategic Human Resource Management: A Resource Driven Perspective

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Strategic human resource management as the name suggests examines the strategic and planning importance of the management of human resources. Among a companys various productive assets, employee assets, employee competencies and commitments are the most valuable ones. These help a company in building its competitive position. This book Strategic Human Resource Management: A Resource Driven Perspective is written entirely on the experiences and practices of business organizations operating in India. It meets the needs of MBA or equivalent degree programmes of Indian universities, National Institute of Technologies, Indian School of Mines, National Institute of Industrial Engineering and IITs, and for the PGP students of IIM and other similar management institutes. As the book extensively covers the basics of business strategy it can also be used as a supplementary text for an introductory course on business strategy. The book is divided into three partsand comprises 16 chapters. The first part prepares the students to recognize the importance of strategic planning in a turbulent world with multitude of forces interacting and influencing a business organization. The second part presents the system nature of HR functions. The students are taken through each of the important HR functions and how they could be designed and executed to create and maintain an organizations advantages. The third part provides a few popular business strategies of the business world and how those business strategies could be strengthened further by integrating them with their HR functions. The author presents the topics on HR functions in such a way that a reader without any prior exposure in any other HR course will have no difficulty in following them. Key Feature Presents the two classical approach of strategic planning, viz., market driven approach and resource driven approach Covers important contemporary issues such as mergers and acquisition, outsourcing, industrial relations and recruitment with reference to Indian organizations Gives a range of analytical and critical questions including multiple choice questions, concept-orient questions, and application oriented questions Provides real life case studies and examples from the Indian business environment tosubstantiate the theoretical content throughout the book Table of Contents 1. Business Environment and Importance of Strategic Planning for Business Success 2. Business Strategy: An Introduction to Market Driven Strategy 3. Resource Driven Strategy: An Introduction 4. The Human Resource Environment of Business 5. Human Resource System: Its Macro and Micro Dimensions 6. Strategic Management of Human Resource: An Introduction 7. Strategic Human Resource Planning 8. Strategic Approach to Manpower Acquisition: Recruitment 9. Strategic Approach to Manpower Acquisition: Selection 10. Strategic Development of Human Resources 11. Strategic Approach to Management Structure, Job Design and Work System 12. Strategic Management of Performance 13. Strategic Approach to Compensation and Benefits 14. Strategic Approach to Industrial Relations 15. Outsourcing and its HR Implications 16. Merger and Acquisition and Human Resource Management Answers to Chapter End Multiple Choice Questions Index