The Sage Course Companion on Human Resource Management is an accessible introduction to the subject that will help readers to extend their understanding of key concepts and enhance their thinking skills in line with course requirements. It provides support on how to revise for exams and prepare for and write assessed pieces. Readers are encouraged not only to think like an HRM student but also to think about the subject critically.
Designed to compliment existing textbooks for the course, the companion provides:
- Easy access to the key themes in HRM
- Helpful summaries of the approach taken by the main course textbooks and their strengths and weaknesses
- Guidance on the essential study skills required to pass the course
- Sample exam questions and answers, with advice on common themes that must always be addressed, how to use information effectively and pitfalls to advoid
- Themes that run throughout the major points covered by the book
- Taking it Further sections that suggest how readers can extent their thinking beyond the ‘received wisdom’
Much more than a revision guide for undergraduates, it is an essential tool that will help readers take their course understanding to new levels and help them achieve success in their undergraduate course.
Chapter 2.12: Strategy and HRM
Strategy and HRM
Business Strategy and HR Strategy
One view of business strategy is that it is an approach to understanding what the future holds and thereafter deciding how the business should position itself relative to that ‘known’ future. The other possibilities for how strategy should be determined, if it can be determined at all, are:
- Identify the future and use that information to guide business direction and activity; recognising that the future will change and that adaptation in company direction and activity will be needed to maintain alignment. Recognise that it might be possible to influence the future as well as the organisation's position relative to it.
- This perspective holds that it is not possible to know the future with any certainty and so ...