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Page 1: Strategic management -  strategic human resource management

Strategic managementStrategic Human Resource Management

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Prepared By

Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations.

Manu Melwin JoyAssistant Professor

Ilahia School of Management Studies

Kerala, India.Phone – 9744551114

Mail – [email protected]

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Fundamentals of Strategy

• Fundamentally, strategy is

about defining intentions

(strategic intent) and

achieving strategic fit by

allocating or matching

resources to opportunities

(resource-based strategy).

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Fundamentals of Strategy• The effective development

and implementation of strategy depends on the strategic capability of the organization, which will include the ability not only to formulate strategic goals but also to develop and implement strategic plans through the processes of strategic management and strategic planning.

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Strategic management

• The purpose of strategic

management has been

expressed by Rosabeth Moss

Kanter (1984) as being to ‘elicit

the present actions for the

future’ and become ‘action

vehicles – integrating and

institutionalizing mechanisms

for change’.

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Strategic management• Strategic management has

been defined by Pearce and Robinson (1988) as follows: ‘Strategic management is the set of decisions and actions resulting in the formulation and implementation of strategies designed to achieve the objectives of an organization.’

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Strategic management• Strategic management means

that managers are looking ahead at what they need to achieve in the middle or relatively distant future. It deals with both ends and means. As an end it describes a vision of what something will look like in a few years’ time. As a means, it shows how it is expected that the vision will be realized.

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Strategic management• Strategic management is

therefore visionary management, concerned with creating and conceptualizing ideas of where the organization should be going. But it is also empirical management, which decides how in practice it is going to get there.

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