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Human

resource
management
Strategic Process
Basically, two SHRM is a process that is inclusive of two phases of strategy plan:
• Strategy formulation: The method of making decision in consideration with the goals
and objectives of the organization.
• Strategic implementation: The process of aligning the foundation and system in
respect of combining the strategy with the accomplishment of objectives of the
organization
Objectives and aim of SHRM
• Workforce mobility: Developing the workforce by the various plans of strategic
methods such a cross training helps to improve the personnel.
• Succession planning: The employee who reflect aptitude and promise to work with
higher level of training and development.
• Employee engagement: Initiating the enthusiasm and creating excitement to work
with support of various strategic implementation empowers the manpower.
Aligning HR strategy to business strategy
• Impact of business strategy: There are instances when the working in
business cause affect in decision making and strategy formulation in HR
department. For example, when there is merger and acquisition of a
company, probability of increase and decrease in manpower may affect the
SHRM.
• Talent Strategy: Factors such as pooling out talent and skilled employee for
the proper working is vital in context with the strategy of the organization.
• Improved results: When the business objectives are compiled with the HR
plans, the goals of profit mazimization, growth factor etc can be achieved.
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Contemporary issues affecting SHRM

• Technological issues: With this external factor, the HR department can


lay down effective methods to save and downsize the money. The
resultant issue cut down the manpower employed with the use of
machinery.

• Diversified workforce: Each and every individual affects the


organization in a way as with the variety in attributes of the behavior,
working pattern and lifestyle it is rather more challenging for HR team
to formulate strategies.
Cont..

• Government policies: This factor enable the Human Resource department to


work in pressure because ODF constant change in policies. The regulations
affects the training, hiring, compensation, termination etc.

• Unstable economic condition: This factor affects the enterprise when the
existing and change in policies are not in favor. It includes demand and
supply, interest rates, recession, inflation etc.
Contd..

• Social and cultural issues: Type of people, their attitude, time dimension, work
ethics, award reward expectation are factors in an employee that affects the
strategic HRM.

• Lack of focus on competitive advantage : It is vital to consider the competitors as all


the policies and plan framework is scheduled keeping in min\d the competitive
benefit..

• Ineffective implementation of strategies: There is possibility that the objective may


not bring proper change for development. In this case, the whole strategy need to
be planned again in consideration of all the factors.
References
• Caldwell, C, and et.al., 2011. Strategic Human Resource Management as
Ethical Stewardship. Journal of Business Ethics. 98(1).pp. 171-182.
• Li, J, and et.al., 2008. Strategic Human Resource Management,
Institutionalization, and Employment Modes: An Empirical Study in China.
Strategic Management Journal. 29(3).pp. 337-342.
• Saimon, A., 2011. Strategic Human Resource Management and the HR Scorecard.
[Online]. Available through: <http://www.assignmentpoint.com/business/human-
resource-management/strategic-human-resource-management-hr-scorecard.html>.
[Accessed on 23 August 2014].
Cont..

• Marler, J., 2012. Strategic Human Resource Management in


context: A Historical and Global Perspective. Academy of
Management Perspectives. 23(2).pp. 6-11.

• Salaman, G, Storey, J, and Billsberry, J., 2005. Strategic Human


Resource Management: Theory and Practice. SAGE.

• Sims, R., 2002. Organizational Success Through Effective


Human Resource Management. Greenwood Publishing Group.
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