Learning Objectives 1. Discuss how to align a company’s strategic direction with its human resource planning. • 2. Determine the labor demand and supply of workers in various job categories. 3. Discuss the advantages and disadvantages of various ways of eliminating a labor surplus or avoiding a labor shortage. Human Resource Forecasting 1.How to forecast personnel needs 2. Forecasting the supply of candidates Managing Employee Separations, Downsizing, and Outplacement
I. HR and Strategy Management II. The Role of HR in Strategy Formulation III. Selecting HR Strategies to Increase Firm Performance IV. LEADERSHIP: How HR can be a Strategic Partner V. Management Skills Builder: Issues and Discussions