HRM107 Lecture Notes - Lecture 2: Dynamic Capabilities, Corporate Social Responsibility, Absenteeism
8 May 2018
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HRM107 – Lecture 2
• Framework for understanding global changes
• Markets becoming increasingly competitive and disruptive to change.
• Shorter product and industry life cycles.
• Conditions undermine value of current resources and capabilities.
• Firms that respond rapidly to opportunities are successful ('dynamic capabilities')
• Solution to global changes by understanding its environment
• Structured government, advanced workforce capabilities, the right HR philosophy, reduces
administrative processes, implements flexibles HR design, employee HR facing systems
improved, developing internal skills (HRD), outsource strategically.
How HRM can develop strategic solutions?
1. Strategy
2. Structure
3. Processes
4. Rewards
5. People
• The role of HR in implementing the Star Model
Strategies
Culture
Structure
Systems
An organisations
objectives influence
the type of people it
requires, HRM
policies the culture &
the structure.
The values, beliefs,
assumptions & rituals
tell employees how
things are done, what
is important & which
behaviour is rewarded.
Influences how jobs
are
Designed, decisions
are made, things get
done & what kind of
employees are
required.
How compatible is HR
with the accounting,
production services &
distribution systems.
• The benefits of strategic HRM on Southwest Airlines
• Lower costs but increased revenue.
• Done by: business strategy driving HRM strategy, competitive advantage in labour, fun culture,
family culture,
Reward systems, alignment between values.
• Understanding Organisational Environments
Political
Legal
Environmental
Political ideologies can range
from supporting an
Interventionist approach -
with extensive gov
Regulation of HRM - to one of
minimal
Involvement.
Laws & regulations regarding
hours of work, holidays, EEO,
sexual harassment, health &
safety, privacy, terminations
etc.
• Impact on HRM policy +
practice.
E.g. government +
community concerns.
• Affect job design,
health + safety
industrial relations &
the image of an
organisation as an
employer.
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