Functional Area #5: Structure of the HR Function
[Pages:23]Functional Area #5: Structure of the HR Function
(Behavioral Competencies: Business Acumen, Critical Evaluation, Consultation)
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1
HR's Role in the Organization
Participate in developing organization's business
strategy
HR's Role
Align HR strategy to organizational strategy
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Support other functions in their
strategic roles
2
HR's Integrated Roles
Finance/ accounting
Sales/marketing
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HR
Administrative Operational Strategic
Senior manage-
ment
Research and development
Operations
Information systems
3
Changes Influencing HR
Workforce/ workplace changes
Globalization
Ethics
Organizational growth/retraction
Increased accountability
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4
Consultation Competency
? How have you used your awareness of internal and external changes to guide the decision making of your stakeholders (e.g., discussing the impact of trends in workforce skills with function leaders)?
? Which of your knowledge, skills, abilities, or other characteristics have been useful in consulting with stakeholders?
5
Core Business Functions
Executive management is responsible for core functions and organization's overall performance.
Executive Management
Information Technology
Marketing and Sales
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6
Finance and Accounting
? Plans, processes, documents, and accounts for financial resources.
? Applies budgeting approaches.
Budget Type Zero-based
Incremental or line-item Formula
Activity-based
Characteristics
Each unit or goal is ranked, and available funds are allocated with budgets starting at zero.
Traditional approach; prior budget is basis for next budget.
Different units receive varying percentages of budget.
Based on how much it costs to perform activities; funding based on strategic significance of activities.
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Marketing and Sales; R&D
Marketing and Sales
? Bring in revenue. ? Develop intelligence
about customers, competitors, and markets. ? Position and sell products/services.
R&D
? Generate future revenue through new product design and development.
? Needs to attract, develop, and retain talent.
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