After studying this chapter, you should be able to do the following:

2-1 Identify and explain the major components of the external environment.

2-2 Discuss how having a vision and mission helps organizations design a strategy and focus their resources.

2-3 Identify the three types of strategy, two methods to analyze strategy, and the objective writing model.

2-4 Identify and describe the major components of organizational structure and why it is important to understand them.

2-5 Discuss how organizational culture affects the members of the organization.

2-6 Identify areas of HRM where data analytics and other HR technologies can have an effect on organizational success.

2-7 Describe human resource management systems (HRMS) and identify how they can help HR make decisions.

2-8 Identify the common measurement tools for strategic HRM.

2-9 Discuss the role of culture, technology, and globalization in HRM.