44) Which of the following is the final step in the strategic human resource management process?A) formulating HR policies and practicesB) identifying a firm's workforce requirementsC) formulating an effective business strategyD) developing detailed HR scorecard measuresE) testing current employees for skills and knowledgeB) policies and practices Show 45) Human resource strategies are the ________ used to support a firm's strategic goals. Get answer to your question and much more 46) As with many failed mergers and acquisitions, the Bank of America acquisition of Merrill Lynch wasunsuccessful because of problems with ________. Get answer to your question and much more
47) Which of the following best explains the increased success of mergers and acquisitions in recentyears? Get answer to your question and much more 48) During a merger or an acquisition, due diligence reviews performed by human resource teams aremost likely to assess all of the following EXCEPT ________.A) accounting proceduresB) organizational cultureC) employee compensationD) employee benefitsE) labor relationsC) identifying and retaining key talent Definition: The Strategic Human Resource Management is concerned with the development of HR strategies intended to direct the employees’ efforts towards the business goals.
Thus, to have an effective HR strategy the firm follow these steps systematically and ensures that the purpose for which it is designed is fulfilled. Reader InteractionsWhat is the final step in strategic human resource management process?Monitor and Evaluation: The final step in the strategic human resource management process is to compare the performance of the HR strategy against the pre-established standards.
Which of the following is the final step in the HR planning process?After you've assessed your current human resources capacity, projected future HR demands, and identified the gaps, the final step is to integrate your human resources plan with your organizational strategy.
What are the 5 steps of strategic HR management?Your Strategic HR Plan will be built upon the foundation of this strategic business plan.. Step 1: Identify Future HR Needs. ... . Step 2: Consider Present HR Capabilities. ... . Step 3: Identify Gaps Between Future Needs & Present Capability. ... . Step 4: Formulate Gap Strategies. ... . Step 5: Share & Monitor The Plan.. What are the steps in human resource management process?Seven steps to strategic human resource management. Develop a thorough understanding of your company's objectives.. Evaluate your HR capability.. Analyze your current HR capacity in light of your goals.. Estimate your company's future HR requirements.. Determine the tools required for employees to complete the job.. |