Human Resources Management and Strategies Research Paper

Human Resources Management and Strategies - Research Paper Example Their strategy is focused on specification. They take order specifications from clients. In such a case, they are not in competition with the mass producers. This strategy requires innovation and time. However, two orders can be very different requiring different expertise. At our business level, the strategic management process includes activities that range from appraising the organizations' current mission and goals to strategic evaluation. Given the level of competition in the furniture market, they should state their goals more precisely reflecting the volatility of the market. This first step is for senior managers evaluating their position in relation to the current mission and goals. Environment analysis looks at the strengths and weaknesses the companies are facing. Use of SWOT analysis is very important. Competition is tight and a company should know its strong points, weak points, opportunities, and threats. Some of these are external and internal. Bench hill and sons strong points are its ability to be a cost leader and the threat is the raging competition in the market. Strategy formulation involves senior managers evaluating the interaction between strategic factors and working strategic choices that guider managers meet organizations goal s. Some strategies are formulated at the corporate, business and specific functional levels. Strategy implementation focuses on technique... In particular, it refers to activities that deal with leadership styles, the structure of organization, information and control systems and the management of human resources. Leadership is the most important and difficult part of the strategic implementation process. Strategy evaluation determines what extent the actual change and performance match desired change and performance.