Definition: Strategic human resource management (strategic HRM or SHRM) is a tactic to managing human resources that supports long-term business goals and outcomes with a strategic framework.
It means that all HR Activities will be linked to the Organization’s Strategic Objectives.
These goals and objectives are called strategies which are formulated in lieu of internal and external business environment, and also take into account legal, political and economic considerations.
“Strategic HRM is an approach that defines how the organization’s goals will be achieved through people by means of HR strategies and integrated HR policies and practices.”
In the majority of organizations people are now the biggest asset.
Their knowledge, skills and abilities have to be employed and used to the maximum effect if the organization is to create any value.
Benefits of strategic hr
Strategic human resource management is important in both large and small companies.
Small companies have an ease of managing HR because of the small number of people involved and training them for a strategic approach might be lot easier.
Larger companies need to have a whole department in charge of human resources and development.
1. ————is the assessment of internal and external conditions that affect the organization
2. The elementary way of employee learning in which the employees of an organization copy the behaviors of someone else is classified as
3. The completion time of training, cost of resources and number of trainees are variables that must be considered in
4. The step in recruitment process in which the candidates are shortlisted fulfilling the minimum requirements of the job is classified as
5. In an organization, the research efforts that are made to evaluate current structure of human resource management are classified as