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and (3) HR practices are adjusted, accepted, and used by line managers and employees as part of their everyday work. Strategic Human Resource Management The 5P Model ORGANIZATIONAL STRTEGY Initiates the process of identifying strategic business needs and provides specific qualities to them STRTEGIC BUSINESS NEEDS Expressed in mission statements or vision statements and translate into strategic business objectives EXTERNAL CHARACTERISTICS STRATEGIC HUMAN RESOURCES MANAGEMENT ACTIVITIES INTERNAL CHARACTERISTICS Linking Strategic Business Needs amp。 Strategic HRM Activities PepsiCola International’s strategy Being No. 1 by Creating Value through Leadership and Excellence. ? The fastest growing ? The most mitted to customer service and attuned to customer needs ? The best operators ? The best selling and marketing pany ? The best peopleoriented pany The 5P Model PCI’s strategic business objectives ? Committed bottling anization ? Unpromising dedication to quality ? Development of talented people ? Focus on growth ? Quality business plans The 5P Model Human Resources Policies Expressed as shared values (guidelines) Human Resources Philosophy Expressed in statements defining business values and culture Human Resources Programs Articulated as Human Resources Strategies Human Resources Practices For leadership, managerial, and operational roles Human Resources Processes For the formulation and implementation of other activities Express how to treat and value people Establishes guidelines for action on peoplerelated business issues and HR programs Coordinates efforts to facilitate change to address major peoplerelated business issues Motivates needed role behaviors Defines how these ac