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ROLE OF HR IN

STRATEGIC
FORMULATION

PRESENTED BY
BLESSY MARIA JOSEPH&
RENU ROSE SEBASTIAN
S4 MBA
MACFAST
STRATEGY
 It deals with providing direction, coordinating
and providing a decisional framework and
allocation of resources
 It is all about integrating organizational activity
and utilizing and allocating the scarce resources
within the organizational environment so as to
meet the present objectives
STRATEGIC PLANNING
 1. DEVELOPMENT OF ORGANIZATIONAL
PHILOSOPHY AND MISSION STATEMENT
 2.ENVIRONMENT SCANNING
 3. SWOT ANALYSIS
 4. FORMULATION OF STRATEGIC
OBJECTIVES
 5.GENERATION OF ALTERNATIVES FOR
ACHIEVING OBJECTIVES
 6.EVALUATION AND SELECTION OF
STRATEGIES
STRATEGIC HR

It defines the employee as an asset on which the


success of any organization depends. According
to CHARLES R GREER, “ strategic human
resource management as the effective application
of the organization’s human resource to
accomplish the organization’s overall strategy”.
In short strategic HRM provides a
framework to achieve a long term goal.
NEED FOR STRATEGIC HR
 Enhancement of organization’s economic
performance
 To survive in the market especially to handle the
critical aspects
 To utilize the human resource in the most effective
and optimum manner
 To adapt to various changes in the HR policies and
practices in accordance with the government
legislations.
 To assist the organization in its career and
succession planning
 To ensure stability of the organization with
contented work force and appreciation from the
stakeholders and the public.
Thus in strategic HR it focuses on
performance, improvement and competitive
advantage.
IMPORTANCE OF HR TO STRATEGIC FORMULATION

 PROVIDES COMPETITIVE ADVANTAGE


 CONTROLLING LABOR COST
 EFFECTIVE UTILIZATION OF RESOURCES
HR CONTRIBUTIONS TO STRATEGY
 PERFORMANCE
APPRAISAL,STAFFING,TRAINING AND
DEVELOPMENT
 ENVIRONMENTAL SCANNING AND
COMPETITIVE INTELLIGENCE
 IMPLEMENTATION OF RESOURCE
ALLOCATION
THANK YOU

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