Strategic Human Resources Management - Human Resources Decision Support System (HRDSS) - Conceptual Design - TQM concepts - Statistical prediction techniques - Ratio Analysis - Trend Analysis - Time series analysis - Ranking methods.
Organizations and companies succeed, or fail, based on the quality and effectiveness of their employees. Today’s successful firms recognize that to compete in global markets, they must have world class Human Resource managers who are active participants in strategic and operational decision. Whether they are reengineering the pay and benefits of the company or implementing Total Quality Management (TQM) programs, Human Resources Managers play a central role. Most importantly, the Faculty of Computers & Information - Dept. of Information Systems - Cairo University (*) M.Sc. of Statistics - Faculty of Economics & Political Science - Cairo University (*)
practice of Human Resource Management is undergoing a technological revolution. We speak now of managing not only human resources and capital, but also information and information systems. HR functions, from employee selection to benefits planning, are being redesigned to take advantage of advanced information technology.
2. BASIC CONCEPTS
Business organizations exist in a competitive environment with scarce resources. Controlling these resources (physical, organizational, information and human) that gives the company the competitive advantage. The goal of strategic management in an organization is to deploy and allocate resources in order to provide the management with a competitive advantage. It goes without saying that two out of three classes of resources (organizational and human) correlated with the human resource functions. Towards maximum effect, the HRM functions must be integrally involved in the company’s strategic management process. Strategic management process first analyzes a company’s competitive situation, develops its strategic goals and mission, it’s external opportunities and threats, and its internal strength and weaknesses to generate alternatives. In his second phase, strategic management process determines a plan...