Sanjivani College of Engineering, Kopargaon

SC03 - 305 HRM “Strategic HRM”

Unit-1; Session #2
# Principles of Strategic HRM
# Aims of Strategic HRM
Presented By:
Prof. Vivek Vinayakrao Wankhede
Assistant Professor in Dept. Of MBA
MBA(Marketing + HR), MA (Psychology-p), BE(Bio-Medical), B.Ed
Dept. of www.sanjivanimba.org.in
MBA, Sanjivani COE, Kopargaon 1
 Principles of SHRM
1.Principle of Comprehensiveness: HRM should be closely matched to business objectives.
2.Principle of Coherence: Allocation and activities of HR integrated into a meaningful
whole.
3.Principle of Control: Effective organizations require a control system for cohesion and
direction.
4.Principle of Communication: Strategies understood and accepted by all employees, open
culture with no barriers.
5.Principle of Credibility: Staffs trust top management and believe in their strategies.
6.Principle of Commitment: Employees motivated to achieve organizational goals.
7.Principle of Change: Continuous improvement and development essential for survival.
8.Principle of Competence: Organizations competent in achieving their objectives-
dependent on individual competence.
9.Principle of Creativity: Competitive advantage comes from unique strategies.
10.Principle of Cost-effectiveness: Competitive, fair reward and promotion systems.

By Prof. Vivek V Wankhede Dept. of MBA, Sanjivani COE, Kopargaon

 Aim of SHRM
The aim of strategic human resource management is to:

1. Advance flexibility, innovation, and competitive advantage.

2. Develop a fit for purpose organizational culture.

3. Improve business performance.

By Prof. Vivek V Wankhede Dept. of MBA, Sanjivani COE, Kopargaon

 Benefits of SHRM

• Increased job satisfaction.

• Better work culture.
• Improved rates of customer satisfaction.
• Efficient resource management.
• A proactive approach to managing employees.
• Boost productivity.

By Prof. Vivek V Wankhede Dept. of MBA, Sanjivani COE, Kopargaon

 Benefits of SHRM

• Develop a thorough understanding of your company’s objectives

• Evaluate your HR capability
• Analyze your current HR capacity in light of your goals
• Estimate your company’s future HR requirements
• Determine the tools required for employees to complete the job
• Implement the human resource management strategy
• Evaluation and corrective action

By Prof. Vivek V Wankhede Dept. of MBA, Sanjivani COE, Kopargaon

Dept. of MBA, Sanjivani COE, Kopargaon
SHARK ASSIGNMENT

Dept. of MBA, Sanjivani COE, Kopargaon

 Thank You
Presented By:
Prof. Vivek Vinayakrao Wankhede
Assistant Professor in Dept. Of MBA
MBA(Marketing + HR), MA (Psychology-p), BE(Bio-Medical), B.Ed

Dept. of MBA, Sanjivani COE, Kopargaon