This report/portfolio deals with the topics Human Resources and Strategy and will be in most times based on the online edumundo book we worked with throughout the semester of the course PM9 and the lectures, including the guest lecture we had in this course of Strategy & HR.
As Strategy & HR are both topics that are more essential from day to day, I am focusing on these two topics in this report and will later in this report also look at the changes Strategy and HR were going through and will be going through on the future. Before I write about the changes, I will rather concentrate on definitions and components of both topics.
The now following will shortly describe the structure of this portfolio. In chapter two, a general explanation of the term strategy will be given. In chapter three, I will write about the most essential components of human resources. Chapter four, will be about the relevance HR has to an organization. In chapter five, basic HR functions will be applied with the help of a self-made video and the reflection on it. Chapter 6 deals with the concept of change and how it affects HR and Strategy. Afterwards a general conclusion on the importance of Strategy & HR will be drawn in the last chapter of this portfolio.
Table of Contents
- 1. Introduction
- 2. Understand what a Strategy is
- 3. Describe the Components of HR
- 4. Identify the Relevance of HR to an Organization
- 5. Apply Basic HR Functions
- 6. Recognize the Concept of Change
- 7. Conclusion
- 8. Critical Appraisal
Objectives and Key Themes
This portfolio aims to explore the interconnectedness of strategy and human resources (HR) within an organizational context. It examines the definitions and components of both strategy and HR, their relevance to organizational success, and the application of basic HR functions. The portfolio also considers the impact of change on strategy and HR.
- Defining and understanding the concept of strategy in a business context.
- Exploring the key components and functions of Human Resources.
- Analyzing the relevance and importance of HR to organizational performance.
- Applying basic HR functions through practical examples.
- Examining the impact of change on strategic HR practices.
Chapter Summaries
1. Introduction: This chapter introduces the portfolio's structure and scope, focusing on the interrelation between strategy and human resources. It outlines the topics covered in each subsequent chapter, emphasizing the use of the edumundo textbook and course lectures as primary sources. The chapter sets the stage for a deeper exploration of the definitions and components of both strategy and HR, ultimately highlighting their importance in a dynamic organizational environment and foreshadowing the analysis of the effects of change on these interconnected concepts.
2. Understand what a Strategy is: This chapter delves into the multifaceted definition of "strategy," acknowledging its complexity and challenging the notion of a simple, concise definition. It draws upon the edumundo textbook and the Cambridge dictionary to provide various perspectives, highlighting the strategic goals of a company and connecting it to the "why" of an organization. The chapter explores different strategic frameworks, such as Michael Porter's generic strategies and Treacy & Wiersema's value disciplines, to illustrate diverse strategic approaches. The success of Airbnb is presented as a compelling example of a well-executed strategy, emphasizing the importance of a clear and consistently applied strategic vision for achieving sustainable success in a business context.
3. Describe the Components of HR: [Insert summary here - This section requires the content from the original text related to Chapter 3. A summary of at least 75 words exploring the main themes, arguments, and examples from Chapter 3 is required. Connect the themes and arguments to other chapters where relevant. ]
4. Identify the Relevance of HR to an Organization: [Insert summary here - This section requires the content from the original text related to Chapter 4. A summary of at least 75 words exploring the main themes, arguments, and examples from Chapter 4 is required. Connect the themes and arguments to other chapters where relevant.]
5. Apply Basic HR Functions: [Insert summary here - This section requires the content from the original text related to Chapter 5. A summary of at least 75 words exploring the main themes, arguments, and examples from Chapter 5 is required. Connect the themes and arguments to other chapters where relevant.]
6. Recognize the Concept of Change: [Insert summary here - This section requires the content from the original text related to Chapter 6. A summary of at least 75 words exploring the main themes, arguments, and examples from Chapter 6 is required. Connect the themes and arguments to other chapters where relevant.]
Keywords
Strategy, Human Resources (HR), organizational strategy, strategic HR, change management, business strategy, HR functions, organizational performance, Airbnb, Porter's generic strategies, Treacy & Wiersema's value disciplines.
Frequently Asked Questions: A Comprehensive Language Preview
What is this document?
This is a language preview providing a structured overview of a portfolio exploring the relationship between organizational strategy and human resources (HR). It includes the table of contents, objectives, key themes, chapter summaries, and keywords.
What are the main topics covered in this portfolio?
The portfolio examines the definition and components of both strategy and HR, their relevance to organizational success, and the application of basic HR functions. It also analyzes the impact of change on strategy and HR.
What are the key objectives of the portfolio?
The key objectives are to define and understand strategy in a business context; explore the key components and functions of HR; analyze HR's relevance to organizational performance; apply basic HR functions through practical examples; and examine the impact of change on strategic HR practices.
What is included in the Table of Contents?
The table of contents includes: Introduction, Understanding Strategy, Describing HR Components, Identifying HR's Relevance, Applying Basic HR Functions, Recognizing the Concept of Change, Conclusion, and Critical Appraisal.
What are the key themes explored in each chapter?
Chapter 1 (Introduction): Sets the stage by outlining the portfolio's structure and the interrelation between strategy and HR. Chapter 2 (Understanding Strategy): Defines strategy, exploring various perspectives and frameworks like Porter's generic strategies and Treacy & Wiersema's value disciplines, using Airbnb as a case study. Chapter 3 (Describing the Components of HR): [Summary needed from original text]. Chapter 4 (Identifying the Relevance of HR to an Organization): [Summary needed from original text]. Chapter 5 (Applying Basic HR Functions): [Summary needed from original text]. Chapter 6 (Recognizing the Concept of Change): [Summary needed from original text]. Chapter 7 (Conclusion): [Summary needed from original text]. Chapter 8 (Critical Appraisal): [Summary needed from original text].
What are the key words associated with this portfolio?
Key words include: Strategy, Human Resources (HR), organizational strategy, strategic HR, change management, business strategy, HR functions, organizational performance, Airbnb, Porter's generic strategies, Treacy & Wiersema's value disciplines.
Where can I find more detailed information about each chapter?
The provided document offers chapter summaries. However, for complete details, you need access to the full portfolio text.
What sources are used in this portfolio?
The portfolio utilizes the edumundo textbook and course lectures as primary sources.
What is the purpose of this language preview?
This preview is intended for academic use, facilitating analysis of the portfolio's themes in a structured and professional manner.
- Quote paper
- Anonym (Author), 2018, Strategy & Human Resources Portfolio, Munich, GRIN Verlag, https://www.grin.com/document/465691
