Rajendra singhIfim b-school
strategic role of HRM
Abstract
Strategic Roles of Human Resources Management is to planned human resourcesdevelopment and activities intended to enable an organization to achieve its goal. Thestrategic roles of human resource management to formulate company strategic andimplement those activities through HR activities. HR metrics is about measuring andmanaging the linkages between the initiatives and key challenges that are strategic tothe business. In this report we will see how strategic roles of human resourcemanagement effect entire strategical decisions of an organization.By a strategicapproach to HRM, we are referring to a managerial process requiring humanResource (HR) policies and practices to be linked with the strategic objectives of theOrganization. Here we will discuss different models of human resources strategic rolesplayed by human resource mangers to achieve organization goals efficiently andeffectively. We will see the relationship between different cluster of HR practices andorganizational performance.
HRM helps in acquiring, developing, stimulating &retaining the outstanding employees as it gives both effectiveness & efficiency to theworking of the organization, it has been started being used strategically.
Introduction
The human resource management that aims to improve the productive contribution of individuals while simultaneously attempting to attain other societal and individualemployee objectives has undergone drastic change with the passing of years.We all know that HRM is concerned with the "people" & keeping the fact in mind thatHRM helps in acquiring, developing, stimulating & retaining the outstanding employeesas it gives both effectiveness & efficiency to the working of the organization, it has beenstarted being used strategically & is now termed as
Strategic human resourcemanagement
.
Defining SHRM:
o Organizational use of employees to gain or keep a competitive advantage againstcompetitors.o Involves aligning initiatives involving how people are managed with organizationalmission and objectives.In today's flattened, downsized & high-performing organizations, highly trained &committed
employees
±
not machines
±
are often the firm's competitive key.Perhaps the most drastic change in HR's role today is its growing involvement indeveloping & implementing the company's strategy.In order to understand the modern aspect of HR i.e. SHRM, lets discuss the termswhich would help us in understanding the concept:o
Core Competency
can be defined as - A unique capability in the organization thatcreates high value and that differentiates the organization from its competition.o
Mission
Statement explains purpose and reason for existence; it is usually very broad,but not more than a couple of sentences & it serves as foundation for everythingorganization does.o Strategy: the company's plan of how it will balance its internal strengths &weaknesses with external opportunities & threats in order to maintain a competitiveadvantage, earlier this role was performed by the line managers, but now it is carried bythe HR manager.Strategies increasingly depend on strengthening organizational competitiveness & onbuilding committed work teams, & these put HR in a central role. In the fast changing,globally competitive & quality oriented industrial environment, it's often the firm'semployees
±
its human resources
±
who provide the competitive key. And so now it is ademand of the time to involve HR in the earlier stages of development & implementing
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