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manage compensation and benefits. Report to the CFO, who would have to
see compensation as a talent magnet, not just a major cost.
The other, HR-LO (for leadership and organization), would focus on
improving the people capabilities of the business and would report to the
CEO.
HR-LO would be led by high potentials from operations or finance whose
business expertise and people skills give them a strong chance of attaining
the top two layers of the organization.
Reasons:
HR Value Creation
Technology
Effects of Globalization
Workforce demographics
Line Managers
Customers
Investors
The strategy will help you focus attention on key factors and respond
appropriately to business realities.
The structure will organise HR resources in ways that govern how HR
work is done.
Course Outline
Course Title
: Business Strategy
: 15
Course Teacher
Course Objectives
: D. K. Srivastava
:
contd
Evaluation Scheme:
Group Project - Weightage (40%) End Term Exam - Weightage (60%)
Reference Books:
1. Boxall, Peter & John Purcell (2003), Strategy and Human Resource
Management, Palgrave Macmillan: New York
2. Torrington, Derek and Laura Hall (1999) Human Resource
Management, Prentice Hall, London.