Understanding Grip: HR's Response to External Influences PPT

This PPT slide, part of the 22-slide 10 Elements of Human Resources PowerPoint presentation, outlines the concept of "Grip" within the context of Human Resource Management (HRM) at a general level, emphasizing its significance in responding to external influencing factors known as Gearing Factors. These Gearing Factors are categorized under the PEST framework—Political, Economic, Socio-cultural, and Technological—along with additional considerations such as Legal, Ethical, Ecological, and Demographic influences.

The text indicates that Gearing Factors play a crucial role in shaping industries and the organizations operating within them. It suggests that HR must actively engage with these external factors to ensure that the organization remains responsive and adaptable. The slide highlights the importance of a proactive HR strategy that involves deliberation and decisive action when faced with these external pressures.

The notion of "Grip" is presented as the collective and committed response of HR to these Gearing Factors. It implies that maintaining a firm grip on the situation is essential for organizations to navigate the complexities of their operating environment effectively. The slide concludes with a reminder that this element of Grip is vital for remaining competitive, not just at an organizational level, but also at a national or regional level.

Overall, the content emphasizes the need for HR leaders to be attuned to external influences and to develop strategies that align with these factors to drive organizational success.

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Human Resources Employee Management HR Strategy Resource Management PEST