Senior Professional in Human Resources: Strategic Management
Expert
- 9 videos | 41m 50s
- Includes Assessment
- Earns a Badge
- CPE
Senior HR leaders contribute to the organization analysis as well as develop HR strategies. In this course, you'll learn about the methods and tools to determine strength, weaknesses, operational effectiveness, and opportunities. This course can be used in preparation for the HR Certification Institute(r) (HRCI(r)) SPHR(r) certification exam.
WHAT YOU WILL LEARN
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Discover the key concepts covered in this courseDefine the element to establish the business strategyDefine the strategic planning processIdentify the steps in the strategic frameworkIdentify the different strategic analysis methods
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Specify the use of organizational statementsList the tools used to measure the business environmentIdentify the tools used to manage financial performanceSummarize the key concepts covered in this course
IN THIS COURSE
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1m 6sAfter completing this video, you will be able to discover the key concepts covered in this course. FREE ACCESS
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5m 57sStrategic Management is the process of building capabilities that allow a business to create value for customers while operating in competitive markets. During this video, you will explore different types of strategies such as strategic planning, growth strategy and market penetration, and how they can help a business before, during and after expansion. FREE ACCESS
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4m 6sStrategic planning is a vital tool for a business as it provides measurable objectives that help with the daily decision making. After completing this video, you will be able to define the strategic planning process and chain of activities that create value such product creation, sales, marketing and support from human resources. FREE ACCESS
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5m 30sStrategic management is an ongoing process that businesses apply to analyze internal processes and resources to deliver products.There are four main phases: formulation, development, implementation and evaluation. After watching this video, you will be able to identify the steps and purpose of each phase. FREE ACCESS
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10m 12sStrategic analysis measures business performance using various methods. These include SWOT analysis which identifies the strengths, weaknesses, opportunities and threats involved in a project or business activity. Other methods include environmental scanning which examines external factors, and the growth-share matrix, which analyzes business units and product lines. You will explore these and other methods during this video. FREE ACCESS
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4m 2sOrganizational statements provide direction on what a business wants to achieve. This video shows you the elements of a strategy pyramid and how it is divided into what is aspirational, achieveable and tangible, from the values to the mission, strategic goals and tactics. FREE ACCESS
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3m 54sStrategic results are delivered in the final phase of strategic management. This video explores the tools that are used to collect data and track performance management. These include key performance indicators (KPIs) which help employees track progress, the balance scorecard which measures the effectiveness of the business, and finally benchmarking which compares the business's performance metrics to those of a competitor or industry leader. FREE ACCESS
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5m 49sToday's competitive market requires HR professionals to be financially intelligent. After completing this video, you will be able to identify the tools that are used to manage financial performance. These include accounting, expenses, budget (strategic and operational), revenue, liabilities and cash flow. FREE ACCESS
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1m 15sAfter completing this video, you will be able to summarize the key concepts covered in this course. FREE ACCESS
EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.
Digital badges are yours to keep, forever.