Courses Catalogue

Strategic Management And Business Policy

COURSE CODE: HRM 3103
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Business Administration (Finance & Banking)
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

YEAR THREE        SEMESTER ONE

COURSE TITLE:              STRATEGIC MANAGEMENT AND BUSINESS POLICY

COURSE CODE:              HR 3101

HOURS TAUGHT:           3 hrs per week

PREREQUISITES:          None

PURPOSE OF COURSE

 

The course introduces key principles of strategic Human Resource Management. The course examines the linkage between the Human Resource function and strategic objectives and general management of the organization. It examines how the various Human Resource generic functions such as Human Resource Planning, staffing, performance, development, compensation, etc must be linked to the general strategic direction or intentions of the organization. It also employs various models of the Human Resource – organizational interface such as the integrated management model, Five Cycle Model, Ulrich Model, etc.

EXPECTED LEARNING OUTCOMES

By the end of the course unit students should be able:

·         Discuss the elements of a Human Resource Strategy and the necessity for integration between the Human Resource Strategy adopted by the organization in general and by all other business functions.

  • Describe the task and processes improved in the creation of a Human Resource Strategy, including capacity evaluations, development of Human Resource Vision, assessment of the strategy gap, and construction of plans designed to enable the gap to be reduced or eliminated.
  • Differntiate the relationship between Human Resource Strategies and associated performance measurers like profitability, competitive innovation, service quality, profitability, competitive innovation, service quality, customer satisfaction, employee retention, etc.