Strategic human resource management links an organization's human resource strategies and objectives to its overall strategic goals in order to improve business performance and foster a culture of innovation and flexibility. It focuses on developing consistent HR practices, programs, and policies that help achieve strategic objectives. The objectives of strategic HRM include advancing flexibility, innovation, and competitive advantage while developing an organizational culture with a purposeful fit. Benefits include increased job satisfaction, better work culture, improved customer satisfaction, efficient resource management, and boosted productivity.
Original Description:
An introduction to basic Strategic Human Resource Management
Strategic human resource management links an organization's human resource strategies and objectives to its overall strategic goals in order to improve business performance and foster a culture of innovation and flexibility. It focuses on developing consistent HR practices, programs, and policies that help achieve strategic objectives. The objectives of strategic HRM include advancing flexibility, innovation, and competitive advantage while developing an organizational culture with a purposeful fit. Benefits include increased job satisfaction, better work culture, improved customer satisfaction, efficient resource management, and boosted productivity.
Strategic human resource management links an organization's human resource strategies and objectives to its overall strategic goals in order to improve business performance and foster a culture of innovation and flexibility. It focuses on developing consistent HR practices, programs, and policies that help achieve strategic objectives. The objectives of strategic HRM include advancing flexibility, innovation, and competitive advantage while developing an organizational culture with a purposeful fit. Benefits include increased job satisfaction, better work culture, improved customer satisfaction, efficient resource management, and boosted productivity.
may be described as the linking of human resource strategy with strategic goals and objectives in order to improve business performance and foster an organizational culture of innovation and flexibility
2 For students of IMS, University of Lucknow
Strategic HRM
Connection between a company’s HR with its strategies,
objectives and goals.
Holistic / Integrated
A proactive process
Assumption: HR = Strategic Partner
3 For students of IMS, University of Lucknow
Strategic HRM
Focus on strategic issues
SHRM tries to develop a consistent, aligned collection of practices, programmes and policies to facilitate the achievement of the organization’s strategic objectives It tries to shift the attention, as against traditional HR’s focus on employee relations, to partrnerships with internal and external groups.
4 For students of IMS, University of Lucknow
Strategy
A strategy is a pattern or a plan that integrates an
organization's major goals, policies and action sequences in a
coherent linear of decisions.
5 For students of IMS, University of Lucknow
Objectives of SHRM
To advance flexibility, innovation and Competitive Advantage
To develop a purposeful fit for organizational culture