Contents
- This report is based on the following requirement –
- Consider the following statement about Strategy and Human Resource Management
- (SHRM).
- The economic and technological context has changed very significantly over the last
- thirty years and this has led to some key adaptations in HR systems in a firm. “How
- might a firm develop, interrelate and manipulate its resources - human and non-human -
- to become the best adapted, the most consistently profitable of all firms in its industry,
- despite the efforts of other firms to emulate or undermine it? This is the nub of the
- debate in strategic management around sustained competitive advantage” ( Boxall and
- Purcell 2011, p. 97).
- Task
- Critically analyse Fordism. Compare and contrast Fordism with Lean Manufacturing
- linking them to the different approaches to SHRM in order for a firm to achieve
- sustained competitive advantage through oganisational strategy/direction and HRM
- (‘best fit’, ‘best practice’ and the Resourced Based View). You are required to examine
- the HR challenges, issues and practices associated with various directional strategies.
Description
This paper discusses strategic human resource, its significance and its application in organizations. The paper also discusses Fordism and lean production and tries to link the concepts of strategic human resource management to that of lean production, which is a resource conserving approach.