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16y ago

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Dimensions of a strategic HRM?

HR strategy - vision and mission - Business strategy HR strategy - Internal context - External context


Characteristics of HRM?

1. It meets the need for strategic approach to human resource management which achieve fit between the business and human resources strategy. 2. Human resources are viewed as a sources of competitive advantage. 3. The performance and delivery of HRM is a line management responsibility.


What is the Role of HRM in strategy formulation and implementation?

Fooling the employees


Functioning of hrm in insurance sector?

HR specialists contribute to the goals and mission of the firm. HRM uses performance appraisal techniques to measure and evaluate the performance of the employees and then suggest them how to improve it. HRM helps in proper recruitement and selection of the desired talent who can prove beneficial to the sector. proper training and development is given to the employees by the HR department for efficient working. HR department takes care of the work environment and maintains a quality work culture in the organisation by organising some social and entertainment programs for the employees in the organization. HRM makes strategies for the organization like that of strategy of offering best products, strategy of offering best service and strategy of offering best price etc etc etc.


What is HRM policies?

HRM policies are working standard and guide line of working processing in business.


Why is HRM important to an organization?

HRM refers to human resource management...it is one of the four main department of a business.It serves the purpose of recruiting and training of staff,investment and performance appraisal.For hotel business it is more important since hotel is a seasonal business and the demand and supply of staffs is always fluctuating.,


What HRM function promotes ethical behavior?

performance management


How does HRM contribute to the performance of firms?

If you want to hire, fire, give a raise, promote, teach, train, or make a deicison about the human resourse in the firm, then that is where HRM helps in the performance of the firm. Training is a very important part of an employees empowerment and it is on the HRM department to deal with it.


What is high performance work practices different from hrm?

Archetypal HRM jargon facilitating mutual cooperation between management and the labour force.


What is Strategic Human Resource Management in multinational enterprises?

A Model of Strategy HRM in Multinational Enterprises


What are the benefits of hard HRM?

Hard Human Resource Management (HRM) focuses on maximizing organizational efficiency and productivity by treating employees primarily as resources. Its benefits include clear performance metrics, streamlined processes, and enhanced accountability, which can lead to improved organizational performance. Additionally, hard HRM practices often facilitate cost control and better alignment of workforce planning with business goals, contributing to overall strategic effectiveness. However, it's essential to balance hard HRM with softer approaches to maintain employee motivation and engagement.


Explain how human resources management can be instrumental in helping a company create a competitive advantage?

Human resources management (HRM) plays a crucial role in developing a competitive advantage by effectively recruiting, training, and retaining top talent, which directly impacts an organization's performance. By fostering a strong organizational culture and promoting employee engagement, HRM enhances productivity and innovation. Additionally, HRM practices such as performance management and succession planning ensure that the company is agile and can adapt to market changes. Ultimately, strategic HRM aligns workforce capabilities with business goals, driving sustained organizational success.