This paper concentrates on the primary theme of ABOUT STRATEGIC HUMAN RESOURCE MANAGEMENT in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.
Strategic Human Resource Management is a typical study of various human resource elements like recruiting, hiring, screening, payroll and discipline, also involves working and operating along with employers and employees in a coordinating manner. So as to improve the work experience as well as boost the relations amongst each other. This type of activity takes place to achieve the minimum growth and development of the company. This helps the company to adopt few steps to earn a competitive position which requires the change in the current path and adapt new situations like risk declining profits and more competitiveness. Strategic Human Resource Management was introduced in the year of 1982 by Dr. Charles Wiseman it was mainly used within the fields of strategic information systems which were created to provide a competitive benefit in response towards developed business initiatives.
The strategic intentions required by any kinds of business helps in making every member understand about its requirement so that every staff members can work towards a consistent purpose or goal. Strategic Human Resource Management can be described as the connecting of human resources with objectives required to develop business performance and improve the organizational culture which tends to foster flexibility, competitive advantage and innovations. In any organization or business entities, the work of Strategic Human Resource Management can be depicted as the means of improving the HR functions. Which are required as a strategic partner in the formulation and implementing the company’s strategies through HR activities like recruiting, screening, selecting, developing, training and rewarding every candidate who is being chosen by the HRs.
The main relationship between Strategic Human Resource Management and Human Resource Management is that. Strategic Human Resource Management helps in addressing the broad organizational problems which relates to the organizational performance as well as effectiveness while operating the business oriented functions. This provides to change the culture and structure in such a way so that it becomes easier in matching the resources for forthcoming requirements, obtaining the knowledge to change the management systems and developing the distinctive capabilities. It is mainly concerned about the development process capabilities and meeting up new human resource requirements so that everything and operations of the company can be done and executed properly. Strategic Human Resource Management or in short known as SHRM mainly focuses on the actions which help in differentiating the business organization from its competitors. It is also concerned about the long-term allocations of essential company resources.
There are some key points which help the SHRM to maintain the balance between the company and to its employees, these key points are as follows:-
- There is an exact connection between the practices of HR policies and its overall organizational strategic environment and achieving its primary purposes.
- They are always mutually supportive, as the organization manages in organizing a scheme which helps in correlating every individual HR interventions.
- The SHRM help in providing the accurate support to the HR team and managers so that they can carry out their duties as well as help in developing the Organizational Management Systems too.