HROB 4060 Lecture Notes - Lecture 1: Basic Belief, Career Development, Vision Statement

• School: University of Guelph
• Department: Human Resources and Organizational Behaviour
• Course: HROB 4060
• Professor: Mir Lofti

Document Summary

Unless the hrm strategy is appropriately and skillfully implemented, the success of the org is at risk. Hrm practices must be matched with org goals. Strategic management of people within orgs affects important org outcomes such as survival, profitability, customer satisfaction levels, and ee performance. Strategy the formulation of organizational objectives, competitive scopes, and action plans for gaining advantage the plan for how the org intends to achieve its goal. Emergent strategy (logical incrementalism) the plan that changes incrementally die to environmental changes: can take a proactive or reactive approach to changes. Realized strategy what was actually implemented. Effective strategic management: anticipates future problems, provide alignment with external contingencies and internal competencies, recognizes multiple stakeholders, concerned with measurable performance. Strategic types classifications are used to help us understand how orgs work and also to help test concepts thus aiding in better management. 2 categories: corporate strategies, business strategies.