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People as a Strategic Asset

People as a Strategic Asset

Code: LEA3LF006
Extent: 3 ECTS (162 h)
Timing: Semester 5 - 7
Language: English
Level: Professional Specialisation Studies
Type: Compulsory to those chosen LEALF2 Human Resource Management for Global Business as their specialisation.

Prerequisites

The student has successfully completed the GloBBA Basic and Joint Professional Studies. The course is part of the module of Human Resource Management for Global Business.

Learning outcomes

Upon successful completion of the course, the student

  • is able to construct an HRM strategy based on corporate and BU strategies
  • understands the trends affecting HRM and the risks they entail
  • understands the role of the HR manager/director as a business partner
  • foreseeing future competence needs and risks
  • understands the principles of budgeting for HR
  • identifies levels of organizational competences
  • is able to use BSC (balanced scorecard) as a tool for implementing strategy
  • manages the due diligence process in mergers and acquisitions
  • HR due diligence process
  • has further developed his/her strategic thinking skills, critical and analytical thinking and project management skills
  •  has enhanced his/her HH3S competences as applicable to the course.

Course contents

Strategic human resource management (SHRM). Implementing corporate strategy through HR strategy
The role of the HR manager/director
Trends influencing HRM
BSC Balanced score card
Core, strategic and key organizational competences
HR due diligence process
Risk management in HR

Cooperation with the business community

Company cases and/or company guest speakers, company visits.
Student analysis a case company’s HR strategy and operations.

International dimension

Cases from MNC’s and a project with a international company.

Teaching and learning methods

Virtual course in Moodle with individual, pair and group exercises and assignments related to business-based materials.
The assessment of one’s own learning 1 h

Accreditation of prior learning

Accreditation of prior learning (APL) is observed on the course according to separate instructions.

Teacher with the main responsibility for the course

Anita Pösö

Course materials

Articles selected by tutors.
To be determined

Assessment criteria

Grade/Learning outcomes

1 (Min. 40%
competence level)
3 (Min. 70%
competence level)
5 (Min. 90%
competence level)
Knowledge The student has limited knowledge of the concepts of strategic HRM and poorly understands the role of a HR function and key areas of strategic HRM as part of the global corporate strategy framework. The student has good knowledge of the concepts of strategic HRM and understands well the role of a HR function and key areas of strategic HRM as part of the global corporate strategy framework. The student has excellent knowledge of the concepts of strategic HRM and understands very well the role of a HR function and key areas of strategic HRM as part of the global corporate strategy framework.
Skills The student has great difficulties in choosing the appropriate tools, methods, and frameworks relevant to strategic HRM. He/she has great difficulties in strategic, critical and analytical thinking.  He/she has poor project management skills related to HRM. The student is able to choose the appropriate tools, methods, and frameworks relevant to strategic HRM. The student has partly developed his/her strategic, critical and analytical skills and project management skills related to HRM. Student demonstrates excellent skills to choose the appropriate tools, methods, and frameworks relevant to strategic HRM. The student has developed his/her strategic, critical and analytical skills and project management skills related to HRM.
Competence The student poorly applies the concepts, tools, and theories related to strategic HRM.  With great difficulty and under strict supervision, the student is able to complete HRM related tasks. The student shows poor service and sales orientation as required by the HH3S policy. The student is able to apply the learned concepts, tools, and theories to strategic HRM.  He/she is able to work somewhat independently and professionally in HRM related tasks. The student shows good service and sales orientation as required by the HH3S policy. The student can fully apply the learned concepts, tools, and theories to strategic HRM. He/she is able to work very independently and professionally in HRM related tasks. The student shows excellent service and sales orientation as required by the HH3S policy.

Modes of assessment and their weights

Integrative project assignment 60%
Other assignments 10%
Active and purposeful participation in contact lessons 30%

The assessment of one's own learning does not influence the course grade. The assignment is the same for all courses/modules and the answers will also be used for course/module development. The assignment is completed on an E-form.