Home/Video Lectures/CA/CA - IPCC Video Lecture/CA IPCC, Formation Of Functional Strategy, Module 11

    CA IPCC, Formation Of Functional Strategy, Module 11

    Buy Now

    Bacha log in this Module we are going to see HR and Strategy. Human Resource
    Management Strategy, very, very important for all the organisations. Now HR resource
    strategy of business should reflect and support the corporate strategy. An effective human
    resource strategy includes the way in which the organisation plans to develop its employees
    and provide them suitable opportunities and better working conditions so that their optimal
    contribution is ensured. This implies select best personnel, motivating and rewarding the
    employees for performance, etc. HRM, it may be defined as the linking at HR Management
    with strategic goals and objectives to improve business performance and develop
    organisational culture that fosters innovation and flexibility. The success of an organisation
    depends on its HR. This means how they are acquired, developed, motivated and retained
    in an organisation play an important role in organisation success. And that is the reason
    Google is ranked number 1 company to work for.
    The HR management practices of an organisation include the following, pre-selection
    practices include HR planning and job analysis. Selection practices are meant to staff
    various positions in an organisation. Post-selection practices is to maintain and improve the
    workers job performance levels. The areas where the HR Manager can play a strategic role
    are as follows: Providing direction, the HRM must be able to lead people and the
    organisation towards the desired direction involving people right from the beginning.
    Creating Competitive atmosphere, the organisation can gain a competitive advantage

    Increase your scores by Studying with the BEST TEACHERS – Anytime and anywhere you want

    Open chat
    Hello
    Can we help you?

    Download App