Chapter 2 Strategy: The Totality of Decisions

HUMAN RECOURCES DEVELOPMENT CHAPTER 1

Get Started. It's Free
or sign up with your email address
Chapter 2 Strategy: The Totality of Decisions by Mind Map: Chapter 2    Strategy: The Totality of  Decisions

1. Support HR strategies

1.1. The AMO theory

1.2. HR system will affective when Employee ability is developed with hiring and training

2. 3 COMPENSATION STRATEGIES

2.1. - Google

2.2. - Nucor

2.3. Merrill Lynch

3. SIMILARITIES and DIFFERENCES in STRATEGIES

3.1. Different strategies within the same industry and company

4. STRATEGIC CHOICES

4.1. 1. Corporate objectives

4.2. 2. Business unit strategies

4.3. 3. HR strategies

4.4. 4. Strategic compensation and decisions

4.5. 5. Compensation systems

4.6. 6. Employees attitude and behavior

4.7. 7. Competitive advantage

5. TAILOR THE COMPENSATION SYSTEM TO THE STRATEGY

5.1. Strategy

5.2. Business Response

5.3. HR programme alignment

5.4. Compensation systems

6. Fit Between HR Strategy and Compensation Strategy and Effectiveness

6.1. Horizontol Fit

6.1.1. Compensation strategy with overall HR strategy

6.2. Vertical Fit

6.2.1. Compensation strategy and HR strategy with the business strategy

6.3. AMO

6.3.1. Ability, Motivation, Oppurtunity

7. The Pay Model Guides Strategic Pay Decisions

7.1. Objectives

7.2. Internal alignment

7.3. External acompetitiveness

7.4. Employee contributions

7.5. Management

7.6. Decisions, taken together, form a pattern that becomes an organization’s

7.6.1. Stated versus unstated

8. Developing A Total Compensation Strategy: Four Steps

8.1. Assess total compensation implications

8.2. Map a total compensation strategy

8.3. Implement strategy

8.4. Reassess