Strategic human resource management is critical for any business organization. This is what will allow effective hiring, training, evaluation and delivery of efficient results among other things.
Simply, HRM is the management of individuals in an organization for the better functioning and their performance.
Human resource management (HRM) is the strategic and coherent approach to the management of an organization's most valued assets - the people working there who individually and collectively contribute to the achievement of the objectives of the businessThe terms "human resource management" and "human resources" (HR) have largely replaced the term "personnel management" as a description of the processes involved in managing people in organizations. In simple sense, HRM means employing people, developing their resources, utilizing, maintaining and compensating their services in tune with the job and organizational requirement.
Robert Owen
NASA created the first human factors/CRM workshop in 1979. Frank Hawkins also created a human factors training program in 1984 for Royal Dutch Airlines/KLM. Crew Resource Management edited by Kanki, Helmreich, and Anca. 2010
Find out why MIS looked upon as a strategic need of management today?
1. Cultur 2.Training 3.Strategy .structur of organization
The contribution of human resource to strategic management includes measurement of personnel performance, and integrating corporate social responsibility into the business.
Barriers to strategic human resource planning include inconsistent behavior, failure to implement new plans, and trouble competing with opponents. Strategies by human resource management must be consistent and effective for successful implementation.
Whawhat does Strategic Human Resource Management look like when it is effectively implemented?
RESOURCE ALLOCATION IN STRATEGIC MANAGEMENT REQUIRES KNOWLEDGEABLE HRM THAT PLACES THE RIGHT HUMAN RESOURCE COMPATIBLE AND CAPABLE OF PERFORMING A SPECIFIC TASK OR FUNCTION EFFECTIVELY TO MEET ORGANIZATIONAL GOALS.
-setting the strategic direction -designing the human resource management system -planning the total workforce -generating the required human resource -investing in human resource developing and performance
A Model of Strategy HRM in Multinational Enterprises
-setting the strategic direction -designing the human resource management system -planning the total workforce -generating the required human resource -investing in human resource developing and performance
Human Resources main role is to provide the framework for human capital management required for production. That includes strategic workforce planning and human capital risk management.
Policies and practices support the firm's strategic management process. The policies and practices ensure that the business is moving towards their financial goals.
nature and scope of Human resource management?"
Provide cost value information for building appropriate and effective management decisions on the subject of acquiring, allocating, developing and retaining human resources to achieve cost effective organizational objectives Monitor the utilization of human resources by the management successfully Analysis of the human assets Help in the development of management principles and accurate decision making for the future by categorizing financial outcomes of a variety of practices Facilitates evaluation of human resources recording the assessment in the books of financial credit and revelation of the information in the financial statement Helps the organization in decision making in Human Resource Management Is A Management Of An Individual, Human Resource Management Is A Continuous Process , Human Resource Management Is A Dynamic Function, Human Resource Management Is a Universal Function, Human Resource Management Is A Strategic Approach, Integration of Goals, Human Resource Management Is Future-oriented
discuss the dual purpose of human resource management