Human Resource (HR) Specialization-Crystal Friend
Strategic Management Tools
Discipline:
Concept/Tool/Framework
Description
Used in Discipline (Yes or No)?
How Used
Should be adopted or dropped? Why?
Vision, mission, values, and objectives
Statements describing what the organization values, and its plan for the future
Yes
These communicate to stakeholders, the organizations purpose, strategies, and measures of gauging organizational success.
Yes
This tool ensures that HR professionals hire individuals whose competencies, knowledge, skills, and attitudes align with the organizations mission and values, and can contribute towards the realization of organizational goals. It also helps HR professionals foster a culture that embraces the aspirations and core values of the organization.
Resource based view and VRIO test
An examination of the available internal resources and how these contribute towards building competitive advantage.
Yes
Used to assess existing physical, organizational, and human resources to identify resource gaps that need to be filled to ensure long-term organizational success.
Yes
This tool helps HR professionals identify skill and knowledge gaps in the workforce, which inform training needs to ensure the organization realizes its objectives.
SWOT analysis
Analysis of an organizations internal strengths and weaknesses, as well as external opportunities and threats.
Yes
SWOT analysis helps HR professionals understand weaknesses/strengths in relation to internal HR processes, workforce capabilities, and people...
This helps them make informed decisions around
compliance,
employee retention, training, and
recruitment.
Yes
SWOT analysis helps the HR team develop HR strategies that align with the organizations business plan, ensuring better human resource management.
Value Chain Analysis
Assessment of the primary and secondary activities used in creating goods and servicesto determine how...
…2021).
Value Chain Analysis
HR professionals could use value chain analysis to gauge the value of their internal HR practices and identify opportunities for improvement
PESTEL Framework
PESTEL framework helps HR professionals understand the risks that the external environment poses in the management of human resources (Verhulst & DeCenzo, 2021).
Porters Five Forces Model
This tool is not typically used in Human Resource Management.
Strategic Group Map
Strategic group mapping provides a means for HR professionals to gauge the quality of their human resources at the industry level and identify skill gaps that could be addressed to create a competitive edge.
Strategic position
This tool is not typically used in Project Management.
References
Verhulst, S. L., & DeCenzo, D.A. (2021). Fundamentals of Human Resource Management. John Wiley & Sons.
