Strategic Human Resource Management : A Guide to Action

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  • Edition: 4th
  • Format: Paperback
  • Copyright: 2008-10-28
  • Publisher: Kogan Page Ltd
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Strategic Human Resource Management provides practical guidance on putting complex HR strategies into practice. Presenting HRM strategies that have been formulated and developed by practitioners, academics and consultants, it demonstrates how these can be implemented in a real-world context and in-line with business objectives, in order to effect positive and productive change. Substantially updated, this edition includes new material which reflects important developments in HR strategies linked with those issues which affect HRM on a day to day basis including: Human capital management, corporate social responsibility, organization development, engagement and talent management. A new feature, the Strategic HR Toolkit, provides guidance on developing HR strategy through a strategic review.

Author Biography

Michael Armstrong is a former Chief Examiner of the UK's Chartered Institute of Personnel and Development, joint managing partner of e-reward and an independent management consultant. He has sold over 500,000 books on the subject of HR.

Table of Contents

The Conceptual Framework of Strategic HRM
The concept of human resource managementp. 5
HRM definedp. 5
Human resource systemsp. 8
Aims of HRMp. 9
Characteristics of HRMp. 12
Reservations about HRMp. 17
The concept of strategyp. 21
Strategy definedp. 22
The concept of strategyp. 23
The formulation of strategyp. 28
The concept of strategic human resource managementp. 33
Strategic HRM definedp. 33
Basis of strategic HRMp. 34
Principles of strategic HRMp. 35
Aims of strategic HRMp. 35
Concepts of strategic HRMp. 37
Perspectives on strategic HRMp. 39
The best-practice approachp. 40
The best-fit approachp. 42
Bundlingp. 46
The reality of strategic HRMp. 48
Practical implications of strategic HRM theoryp. 49
The Practice of Strategic HRM
HR strategiesp. 53
What are HR strategies?p. 53
What is the purpose of HR strategies?p. 54
Overall HR strategiesp. 54
Specific HR strategiesp. 59
Criteria for an effective HR strategyp. 61
How should HR strategies be developed?p. 62
Developing HR strategiesp. 66
Implementing HR strategiesp. 70
The strategic role of HRp. 72
The strategic nature of HRp. 72
The strategic partner modelp. 73
What being strategic meansp. 75
The strategic role of HR directorsp. 76
The strategic role of heads of HR functionsp. 77
The strategic role of HR business partnersp. 78
The strategic contribution of HR advisers or assistantsp. 78
The impact of strategic HRMp. 79
How HR impacts on organizational performancep. 79
How strategic HRM concepts impact on practicep. 85
Strategic HRM in actionp. 86
Formulating HR strategyp. 86
The content of HR strategiesp. 96
Corporate issuesp. 98
Achieving integrationp. 101
What are the most characteristic features of strategic HRM in action?p. 104
HR Strategies
Human capital management strategyp. 107
Aims of human capital managementp. 108
The link between HCM and business strategyp. 108
Developing a human capital management strategyp. 109
Conclusions: the role of human capital management strategyp. 114
High-performance strategyp. 115
High-performance work system definedp. 116
Characteristics of a high-performance work systemp. 116
Components of an HPWSp. 117
Impact of high-performance work systemsp. 117
Developing a high-performance strategyp. 121
Corporate social responsibility strategyp. 126
Strategic CSR definedp. 127
CSR activitiesp. 127
The rationale for CSRp. 128
Developing a CSR strategyp. 130
Organization development strategyp. 132
Organization development definedp. 132
OD strategiesp. 133
Assumptions and values of ODp. 133
Activities incorporated in the OD strategyp. 134
Strategies for organizational transformationp. 136
Employee engagement strategyp. 140
Engagement and organizational commitmentp. 140
The significance of engagementp. 141
Engagement and discretionary behaviourp. 142
What is an engaged employee?p. 142
What are the factors that influence engagement?p. 143
Strategies for enhancing engagementp. 145
Measuring engagementp. 148
Knowledge management strategyp. 149
The process of knowledge managementp. 149
Sources and types of knowledgep. 150
Approaches to the development of knowledge management strategiesp. 151
Strategic knowledge management issuesp. 151
Components of a knowledge management strategyp. 153
Employee resourcing strategyp. 154
The objective of employee resourcing strategyp. 154
The strategic HRM approach to resourcingp. 155
Integrating business and resourcing strategiesp. 155
Bundling resourcing strategies and activitiesp. 156
The components of employee resourcing strategyp. 156
Human resource planningp. 157
Employee value propositionp. 160
Resourcing plansp. 161
Retention strategyp. 163
Flexibility strategyp. 167
Talent management strategyp. 168
Talent management definedp. 168
The process of talent managementp. 170
Developing a talent management strategyp. 173
Learning and development strategyp. 175
Strategic human resource development (SHRD)p. 175
Strategies for creating a learning culturep. 178
Organizational learning strategiesp. 178
Learning organization strategyp. 180
Individual learning strategiesp. 181
Reward strategyp. 183
Reward strategy definedp. 183
Why have a reward strategy?p. 183
Characteristics of reward strategiesp. 184
The structure of reward strategyp. 184
The content of reward strategyp. 185
Guiding principlesp. 188
Developing reward strategyp. 189
Effective reward strategiesp. 191
Reward strategy and line management capabilityp. 192
Employee relations strategyp. 193
Employee relations strategy definedp. 193
Concerns of employee relations strategyp. 194
Strategic directionsp. 194
The background to employee relations strategiesp. 195
The HRM approach to employee relationsp. 195
Policy optionsp. 197
Formulating employee relations strategiesp. 197
Partnership agreementsp. 198
Employee voice strategiesp. 200
The Strategic HR Toolkit
Strategic human resource management toolkitp. 205
Referencesp. 226
Subject indexp. 241
Author indexp. 246
Table of Contents provided by Ingram. All Rights Reserved.

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