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Q: What is the relevance of the resource based view of the firm to strategic management in global environment?
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What is the contribution of human resource to strategic management?

The contribution of human resource to strategic management includes measurement of personnel performance, and integrating corporate social responsibility into the business.


What do you mean by Resource allocation in strategic management?

RESOURCE ALLOCATION IN STRATEGIC MANAGEMENT REQUIRES KNOWLEDGEABLE HRM THAT PLACES THE RIGHT HUMAN RESOURCE COMPATIBLE AND CAPABLE OF PERFORMING A SPECIFIC TASK OR FUNCTION EFFECTIVELY TO MEET ORGANIZATIONAL GOALS.


What is the pitfall of the technique trap in strategic human resource planning?

HR planners work in an environment characterized by ambiguous regulations, company politics and diverse management styles


What are the barriers of strategic human resource management?

Barriers to strategic human resource planning include inconsistent behavior, failure to implement new plans, and trouble competing with opponents. Strategies by human resource management must be consistent and effective for successful implementation.


How does effective data resource management contribute to the strategic goals of an organization?

Standardization of customer data is ensured with strategic goals through data resource management. Data can be synchronized with this effective management which will thereby reduce misunderstanding or mistakes regarding customer data.


Explain the implication for human resource management in the changing work force composition?

Whawhat does Strategic Human Resource Management look like when it is effectively implemented?


What is strategic Human resource management?

Strategic human resource management is critical for any business organization. This is what will allow effective hiring, training, evaluation and delivery of efficient results among other things.


What is Strategic Human Resource Management in multinational enterprises?

A Model of Strategy HRM in Multinational Enterprises


What is the function of the corporate planning department?

Strategic Management - strategic planning; corporate performance through balanced scorecard; risk management; organizational excellence; alignment of methods of operations; polices formulation & implementation Financial Management - corporate financial policies, financial procedures, resource allocation; resource utilization; F/S & Management reports


In what ways did human resource policies and practices contribute to the firm's strategic management process?

Policies and practices support the firm's strategic management process. The policies and practices ensure that the business is moving towards their financial goals.


What are the advantages of the resources?

-setting the strategic direction -designing the human resource management system -planning the total workforce -generating the required human resource -investing in human resource developing and performance


What is strategic advantage profile in strategic management?

strategic advantage profile is a summary statement which provides an overview of the advantages and disadvantages in key areas likely to affect future operations of a firm. it is a total for making systematic evaluation of strategic advantage factors which are significant for the company in its environment. it involves functional areas like marketing, production, finance, accounting, personnel, human resource and R$D