Assignment #1 Hrm 530
Alignment of HRM and Business strategies HRM 530 June 23rd, 2013
The essence of HR is very strategic and when properly aligned, HR contributes to a successful strategy and the financial underline. The alignment between HR and the strategy of an organization starts with a strategy-focused professional. Secondly, the HR system has to be created in alignment with the organization’s strategy. HR needs to ensure that employees are strategically focused (Becker & Huselid, 2001). Every element of the HR function, from hiring, compensation, reviews, training, etc., needs to be developed in order to enlarge the human capital in the organization.
Once the gap is recognized, HR needs to measure itself to guide itself, and show what it’s worth as an ongoing strategic segment. Ongoing monitoring and evaluation of HR strategic role expansion will prove itself to be worthy or not as a benefit to the bottom line. HR is viewed as the people department and/or resource. The organization’s people ultimately determine the effectiveness of strategy development, implementation, and subsequent competitive success. A strategic approach that is aligned with HR ensures that an organization’s employees, skills, and abilities contribute to the achievement of its business goals (Huselid, Jackson, & Schuler, 1997).
HR Data warehouse - Selected Candidate will be responsible for design, implementation and systems expertise of the data warehouse components focusing primarily on business objects Xi. The scope of technical expertise includes design and development of BO reports, security set-up of medium to high complexity levels as well as the ability to coordinate projects with business personnel and other members of the project teams within the organization to ensure that system requirements, deadlines
The essence of HR is very strategic and when properly aligned, HR contributes to a successful strategy and the financial underline. The alignment between HR and the strategy of an organization starts with a strategy-focused professional. Secondly, the HR system has to be created in alignment with the organization’s strategy. HR needs to ensure that employees are strategically focused (Becker & Huselid, 2001). Every element of the HR function, from hiring, compensation, reviews, training, etc., needs to be developed in order to enlarge the human capital in the organization.
Once the gap is recognized, HR needs to measure itself to guide itself, and show what it’s worth as an ongoing strategic segment. Ongoing monitoring and evaluation of HR strategic role expansion will prove itself to be worthy or not as a benefit to the bottom line. HR is viewed as the people department and/or resource. The organization’s people ultimately determine the effectiveness of strategy development, implementation, and subsequent competitive success. A strategic approach that is aligned with HR ensures that an organization’s employees, skills, and abilities contribute to the achievement of its business goals (Huselid, Jackson, & Schuler, 1997).
HR Data warehouse - Selected Candidate will be responsible for design, implementation and systems expertise of the data warehouse components focusing primarily on business objects Xi. The scope of technical expertise includes design and development of BO reports, security set-up of medium to high complexity levels as well as the ability to coordinate projects with business personnel and other members of the project teams within the organization to ensure that system requirements, deadlines
References: Becker, B. & Huselid, M. 2001. The Strategic Impact of HR. Harvard Business School Publishing, Balanced Scorecard, May – June 2001 Frangos, C. 2202. Aligning Human Capital with Business Strategy: Perspective from Thought Leaders. Harvard Business School, Balanced Scorecard, May – June 2002 Huselid, M, Jackson, S, & Schuler, R. 1997. Technical and Strategic Human Resource Management Effectiveness as Determinants of Firm Performance. Academy of Management Journal, Vol. 40, No. 1, 171-188