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Effective Strategies in HR Management: Maximizing Compensation and Performance

This course explores strategic approaches to hiring, compensation, and performance evaluation in organizations. Learn industry insights, market trends, and economic perspectives on employee compensation. Understand how to make or buy decisions, implement incentive pay, and design reward systems for optimal divisional performance. Delve into the management and economics of strategy to enhance organizational architecture. Written by Ken Chapman, based on expert concepts from managerial economics resources.

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Effective Strategies in HR Management: Maximizing Compensation and Performance

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  1. Course Organization • Introduction (BSZ Chapter 2) • Strategy • Management Approach to Strategy (BSZ Chapter 8) • Economics Approach to Strategy (DN P. 1 – 204) • Hiring and Compensation • Market Insights on Employee Compensation (BSZ Ch 14) • Incentive Pay (BSZ Ch 15) • Reward Systems Inside the Firm • Make or Buy Decisions (Ch 19) • Divisional Performance Evaluation (Chapter 17) This slideshow was written by Ken Chapman, but is substantially based on concepts from Managerial Economics and Organizational Architecture by Brickley Zimmerman & Smith, McGraw-Hill, 2004.

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