HR Strategy 2e

In recent years, human resource management (HRM) has transitioned from a field focused on the operational administration concerned with an organization's personnel to a more strategic business function building a human capital strategy to drive performance and success. With up to 70% of organizations' expenditure related to their human resources and recent economic pressures impacting on headcount, it is increasingly important for all HR professionals to think and act strategically and turn their people planning into profit. Focused on HR as a key tool for competitive advantage and sustainable success, HR Strategy demonstrates how to develop a winning human resource strategy working backwards from the results you want to see by translating business strategy into a workable, measurable plan for managing human capital and tapping into the needs of individual employees to unleash their maximum value. This concise, easy-to-read book takes a practical, how-to approach to the complex topic of strategy, covering both the wide-angle theory and the day-to-day practice with case-study examples of strategies work in different organizational contexts.