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Learn about the process and stages of strategic human resource planning, which identifies current and future human resources needs for an organization. The three key elements of the HR planning process are forecasting labour demand, analysing present labour supply, and balancing projected labour demand and supply.
Learn about the history, theory, and practice of human resource management (HRM), the strategic and coherent approach to the effective and efficient management of people in an organization. Explore the roles, functions, and challenges of HR professionals and the impact of HRM on business performance and competitive advantage.
Learn what talent management is, how it evolved, and how it is implemented in different organizations. Find out about talent recruitment, evaluation, retention, and marketplace, and how they relate to business strategy and human resource planning.
A management model developed by business consultants to assess and monitor changes in the internal situation of an organization. The 7 S's are strategy, structure, systems, skills, style, staff and shared values, which need to be aligned and mutually reinforcing for optimal performance.
Learn about the definition, principles, processes and applications of strategic management, a field of management that involves formulating and implementing the major goals and initiatives of an organization. Explore different models, frameworks and perspectives on strategy, as well as the environmental analysis and strategic decisions involved.
SMART is an acronym for Specific, Measurable, Assignable, Realistic, and Time-bound, a mnemonic device for effective goal-setting and objective development. Learn about the history, usage, effectiveness, and variations of the SMART framework, as well as alternative acronyms and criticisms.
HR's challenge is to provide business leaders with actionable information that helps them make decisions about investments, marketing strategies, and new products. HR metrics are a vital way to quantify the cost and impact of employee programs and HR processes and measure the success (or failure) of HR initiatives.
Employee engagement is a concept that describes the nature of the relationship between an organization and its employees. It involves factors such as involvement, commitment, productivity, and satisfaction, and varies across different definitions and contexts.