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Level 7 Diploma in Strategic Management and Leadership

HRM approaches, business strategy and HR metrics

SL703 · Strategic Human Resource Management — Week 13 of 16

CourseSL703
Week13 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

HRM approaches, business strategy and HR metrics

  1. Employee relations/HRM practices and the management of change: best fit practices; consultation and communication; employee engagement; psychological contract; flexible working hours
  2. HRM process, recruitment and selection: personnel requirement identification; human resource match to organisational demands
  3. Employee motivational and appraisal strategies: career progression; rewards; bonus and pay rise; promotion; job satisfaction
  4. Employee retention: importance and trends; employee turnover; competitive remuneration benefits; stay interview; employee development
  5. Measuring HR approaches: productivity, retention of employee, turnover of staff, cost saving

What you will be able to do

  • 5.1 Critically evaluate the relationships between business strategy and human resource management.
  • 5.2 Explain the implementation and measurement of HR approaches using relevant metrics.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
Week 12Week 14
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: The nature and importance of human resource management
  • Week 2: The role and purpose of strategic HRM
  • Week 3: HRM and other functional areas
  • Week 4: Business factors and human resource requirements
  • Week 5: Developing a human resource plan
  • Week 6: The purpose of human resource policy
  • Week 7: Regulatory and legal requirements and HR policy
  • Week 8: Midterm evaluation
  • Week 9: Business ethics, CSR and sustainability in HR policy
  • Week 10: Strategy, structure and culture in the management of human …
  • Week 11: Developing a structured and comprehensive HR strategy
  • Week 12: Monitoring the effectiveness of human resource management
  • Week 13: HRM approaches, business strategy and HR metrics
  • Week 14: Leadership and an HR strategy that supports mission, vision…
  • Week 15: Review and coursework completion
  • Week 16: Final evaluation and project assessment
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