Skip to Page Content

Event Details

    2018 November: Business Strategy and the Role of HRM: Developing High Performing Organizations

    Date: November 13, 2018, 11:15am – 1:00pm
    Organizer:
    ASHRM
    Location:
    Crowne Plaza
    Price:
    See Cvent Registration Details
    Event Type:
    Luncheon
    iCal link
    Add to Calendar

    Business Strategy and the Role of HRM: Developing High Performing Organizations

     

     

     

    Pre-Approved for 1 Business HRCI Credit

    Pre-Approved for 1 SHRM PDC

    Business Strategy and the Role of HRM: Developing High Performing Organizations

    Senior business managers develop the strategic direction, strategy, and goals to compete in a given market environment.  Research and literature suggest that business managers craft a business strategy with two end states in mind: 1) adapt to changing market and customer demands, and 2) to achieve a competitive advantage over rivals.  To accomplish both desired end states requires the input of human resource management. 

    Kaplan and Norton (2006) reported that 90% of all businesses fail at implementing business strategy.  They found that the primary cause for failing to implement strategy laid with employee competencies.  HRM plays a significant role in adapting the workforce to changing market and customer demands.  Changing market and customer demands require new competencies for managers and employees.  These new competencies ensure the successful implementation of a strategy.  Additionally, when part of the strategic planning process, HRM aids a business in achieving a competitive advantage.  HRM plays a crucial role in developing managers and employees into high-performance teams, leading to a high-performance company.  This presentation examines the crucial role HRM performs as a strategic partner seated at the strategic planning table. 

    Learning Outcome Objectives:  At the conclusion of this presentation, attendees will be able to:

    • Discuss the purpose of Business Strategy.
    • Describe the four stages of a strategic planning process that incorporates HRM
    • Describe a planning process that aligns performance competencies with strategic goals.
    • Discuss the function of HR Planning as the linchpin between business strategy and HR strategies.
    • List specific HR strategies that create a high-performance business.

    Presenters

    Wayland Baptist University students under the leadership of Dr. Dave Rambow, Faculty Advisor.