Syllabus
M-331: Strategic Human Resource Management
Unit | Course Description | Sessions |
UNIT I | Understanding Strategic HRM: HR as Assets, The VRIO Framework, Factors Determining the Investment Perspective of an Organisation, Strategic HR vs Traditional HR, Ulrich Framework, Leepak and Snell Employment Models. | 3 |
UNIT II | Link between HR strategy and Business Strategy: Strategic Fit: A Conceptual Framework, Best Fit Approach, Configurationally Approach, Best Practice Approach. | 3 |
UNIT III | Workforce Utilization and Employment Practices: Efficient Utilization of Human Resource – Cross Training and Flexible Work Assignment -Work Teams – Non Unionization, Dealing with Employee Shortages, Selection of Employees, Dealing with Employee Surpluses. | 4 |
UNIT IV | Human Resource Evaluation: Definition, Overview- Scope, Strategic Impact, Level of Analysis, Criteria, Level of Constituents, Ethical Dimensions. | 4 |
UNIT V | Approaches to Evaluation: Audit Approach, Analytical Approach, Quantitative and Qualitative Measures, Outcome and Process Criteria, Balanced Scorecard, HR Scorecard, Benchmarking. | 3 |
UNIT VI | HRM and Firm performance: Evolving Role of HRM and its Measurement, Measures of HRM Performance. | 3 |
UNIT VII | Strategies for Performance and Development: Typology of Performance Types - Marginal Performers -Under Achievers-Stars-Solid Citizens, Recruitment and Selection Strategy Typology, Business Strategy and Compensation. | 2 |
UNIT VIII | The Future of SHRM: SHRM Practice in the Future. Barriers to Strategic HR, Restructuring and SHRM, Competencies of HR Professional in a SHRM Scenario. | 2 |