Blog 01- Strategic Human Resource Management

Strategic Human Resource Management

Human resources are identified as the most important resource in the organization & therefore, an organization should have a strategic process to manage it effectively & efficiently. Today’s organizations follow different types of strategies & policies to achieve their organizational goals. Strategic human resource management (SHRM) is the inclusive set of managerial functions & tasks associated with developing & managing an effective workforce. It contributes to achieving strategic goals & effectiveness of the organization (Fottler, 2010). The ultimate purpose of strategic human resource management is to increase business performance while sustaining the organizational culture. Strategic human resource managers should identify employee capabilities & competencies, develop plans &implement them to meet goals. SHRM is an advanced managerial concept, that assists & drives the organization towards success in a highly competitive & dynamic business environment. SHRM focuses not only on achieving the strategic goals of the organization but also on human capital development. It generates more advantages than traditional HRM.

Benefits of strategic human resource management (online.athens.edu, 2021):

· The accomplishment of competitive advantage.

· Mainly focuses on corporate goals & overall decision-making process.

· Better preparation for potential results by developing strategic plans.

· Focuses on long-term success & great leadership in implementing strategic capabilities.

· Higher level of productivity & performance of employees as well as the organization.

· Provides overall direction on achieving the organizational strategic goals & objectives easily.

Accomplishing a competitive advantage through human resources should be based upon the unique composition of human capital, strategy & core abilities of a particular organization, which vary by other organizations (Becker & Huselid, 2006).

Contribution of SHRM to organizations to achieve competitive advantage (Fottler, 2010):

· SHRM mainly focuses on a proactive approach rather than reactive behavior.

· Goals of the organization are clearly defined.

· The gaps between the current situation & future are considered.

· Human resource opportunities & barriers are conclusively identified in developing strategic plans.

· Line managers are involved in the human resource planning process.

SHRM process



                                            Figure 01: SHRM process (Source: Internet)

Many companies try to find proper employees & create a productive workforce within the organization, as it is essential for the wellbeing, performance & existence of the business (Gashi, 2013). Furthermore, emphasized that SHRM may line up with their procedures of management for better utilization of its human as a valuable part of their organization to build a sustainable company workforce.

References

Becker, B. & Huselid, M. A., 2006. Strategic Human Resources Management: Where Do We Go From Here?. Journal of Management, Volume 32(6).

Fottler, M. D., 2010. Strategic Human Resource Management in Health Care. 2010 ed. s.l.:s.n.

Gashi, R., 2013. Strategic Human Resources Management: Human Resources or Human Capital. Academic Journal of Interdisciplinary Studies, 2(9)(MCSER, Rome-Italy ).

online.athens.edu, 2021. What is Strategic Human Resource Management?. Issue ATHENS STATE UNIVERSITY.

Comments

  1. Lakshitha MBA 2022 FEB31 March 2022 at 09:16

    human resource managers should identify employee capabilities & competencies, develop plans &implement them to meet goals.so your clearly explained Strategic Human Resource Management and SHRM process👍👍

    ReplyDelete
  2. Uditha Arawpola31 March 2022 at 23:30

    Well-described procedures that show how a corporation's goals will be realized through the use of people, using HR strategies and well-organized HR rules and processes. All the Best!!

    ReplyDelete
  3. Thamali MBA#243 April 2022 at 01:55

    Human resource is the main asset in the organization. This blog well explained the importance of the human resource, How can we manage it efficiently. and also what are the way we can corporate with organization's goals.
    Good Luck....!

    ReplyDelete
  4. Kumudu2 May 2022 at 04:12

    Employees at any level should be aware of the importance of SHRM. Through it you have outlined how to achieve corporate goals and you have presented your blog in a very attractive way so that anyone who wants to gain a basic knowledge of SHRM can understand it. Good article. best wishes.

    ReplyDelete
  5. Mahinda Herath4 May 2022 at 21:09

    Thank you for providing the document; it is critical to have a strategy process in place for that organization in order to operate it successfully and efficiently.

    ReplyDelete
  6. Sanjeewa4 May 2022 at 21:10

    Thank you for providing the document; it is critical to have a strategy process in place to operate the organization successfully and efficiently.

    ReplyDelete
  7. Rasika4 May 2022 at 21:11

    Thank you for providing the document. It is critical for an organization to have a strategy process in place to manage its primary asset (Human Resourses) successfully and efficiently.

    ReplyDelete

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