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Transforming HR architecture into strategic asset

Here I am writing about Advance level of  HR i.e. Transforming HR architecture into strategic asset The Seven-Step Model for Implementing HR's Strategic Role Ulrich et al. discuss a seven step model for formalizing the strategic role of HR. They are summarized below:  Clarify and articulate the business strategy HR managers should focus on achievement of strategy. By doing so, they can facilitate discussion about how to communicate the firm's goals throughout the organization. When strategic goals are not developed with an eye towards the implementation detail, they tend to be too generic and abstract. These vague goals will tend to confuse employees and they would not know how exactly to implement the strategies. The important thing for HR managers is to state the goals in such a way that the employees understand what exactly their role in the organization is and thus the organization knows how to measure success in ac...

Benefits & barriers of SHRM

Benefits of strategic management : As opined by Ulrick and Lake, the strategic HR framework aims to leverage and/or align HR practices to build critical capabilities that enable an organization to achieve its goals. Strategic management offers both financial and non-financial benefits to an organization which practices it. Watch Video, learn in detail: Fred R. David’ has listed the following benefits that strategic management brings for an organization: 1. Allows identification, prioritization, and exploitation of opportunities. 2. Provides an objective view of management problems. 3. Represents a framework for improved coordination and control of activities. 4. Minimizes the effects of adverse conditions and changes. 5. Allows major decisions to better support established objectives. 6. Allows more effective allocation of time and resources to identified opportunities. 7. Allows fewer resources and lesser time to be devoted to correcting er...

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