You are a human resource professional who favors strategic management, and who has been very successful in your current position. You decide you want to try something different, and accept a job at CCMD. Your first week on the job you get settled in, then realize that you are not being invited to any of the types of meetings that you used to attend. At CCMD, you are expected to run a traditional human resources management department. You know that the company will be much more successful if you are able to use strategic human resource management. You schedule a meeting with the CEO and CFO who are used to making top down autocratic decisions.
Write a list of points that you want to discuss with the CEO and CFO regarding a change in your role. You want them to involve you in strategic discussions. List at least five significant points to discuss.
According to Fortune, it's extremely vital that companies constantly reinvent themselves and develop and sustain flexible business models to remain competitive in an information-based economy. Thus human resource strategy has to be made more focus and aligned towards overall strategy. Organization have to build a better image for own firm and for the industry generally by maintaining high standards of responsibility in using shareholder, institutional and government funds. Organizations should reach out to the shareholders and their families beyond dividends to create awareness of social environmental and other public environment issues. It should disseminate the value of time, work culture, productivity, quality, entrepreneurship in the society. The Organizations are effective, therefore, when they choose and achieve goals that are important to their self-interest as well as to the interests of stakeholders in the environment.
The major challenges faced in response to trends in globalization, technology, diversity, e-business, and ethics are discussed below.
The markets are no longer defined by physical boundaries. In this changing scenario of market-driven, globally integrated economies, the HR management plays a major role in keeping companies cost effective.
This requires investment in technology and automation. Technology has greatly influenced the changing role of HR Management.
Managing diversity is a challenge for today's global managers and, if managed well, it can be a source of competitive advantage.
The rise of e-business has a critical and ...
Human Resource Management - You are a human resource professional who favors strategic management, and who has been very successful in your current position.