What Is Strategic Human Resource Management? - PPT Download

what is strategic human resource management?

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In short, it is aligning Business Goals to employees work related objectives. This mainly look at achieving long term objectives. This requires a visionary thinking and object assessment for every decision making.
RAM Akella
Head - Strategic HR
Hindustan Arabian Corp.

In single line, systematic analysis of the factors associated with customers and organization to provide the basis for rethinking the current management practices.

Dear friend
Please see this document attached , it is more useful for you
Suri Babu Komakula

Strategic human resource management is the proactive management of people. It requires thinking ahead, and planning ways for a company to better meet the needs of its employees, and for the employees to better meet the needs of the company. This can affect the way things are done at a business site, improving everything from hiring practices and employee training programs to assessment techniques and discipline.

Companies who work hard to meet the needs of their employees can cultivate a work atmosphere conducive to productivity. Human resource management is the best way to achieve this. Being able to plan for the needs of employees by thinking ahead can help to improve the rate of skilled employees who chose to remain working for a company. Improving the employee retention rate can reduce the money companies spend on finding and training new employees.

When creating a human resources plan, it is important to consider employees may want or need and what the company can reasonably supply. A larger company can usually afford training and benefit programs that smaller companies cannot afford to offer. This does not mean that a smaller company should not engage in strategic human resource management. Providing specialized on-site training, even if provided by senior members of the company, and offering one-on-one assessment and coaching sessions, can help employees reach peak performance rates.

An important aspect of strategic human resource management is employee development. This process begins when a company is recruiting and interviewing prospective employees. Improved interviewing techniques can help to weed out applicants that may not be a good match for the company.

After being hired on, a strong training and mentoring program can help a new member of the staff get up to speed on company policies and any current or ongoing projects they will be working on. To help employees perform at their best, a company can follow up with continual training programs, coaching, and regular assessment. Investing in the development of its employees can allow a company to turn out more consistent products.

Dear Neha

Below is the information about strategic HR .These information are googled and also there are various EBook posted wherein you can find the required information.

Next time please do the required search before you rise question in the forum.

Regards

Octavious

Strategic human resource management can be defined as the linking of human resources with strategic goals and objectives in order to improve business performance and develop organizational culture that foster innovation, flexibility and competitive advantage. In an organisation SHRM means accepting and involving the HR function as a strategic partner in the formulation and implementation of the company's strategies through HR activities such as recruiting, selecting, training and rewarding personnel.

The key features of Strategic HRM are:

There is an explicit linkage between HR policy and practices and overall organizational strategic aims and the organizational environment

There is some organizing schema linking individual HR interventions so that they are mutually supportive

Much of the responsibility for the management of human resources is devolved down the line

Benefits of a Strategic Approach to HR:

Facilitates development of high-quality workforce through focus on types of people and skills needed

Facilitates cost-effective utilization of labor, particularly in service industries where labor is generally greatest cost

Facilitates planning and assessment of environmental uncertainty, and adaptation of organization to external forces

Successful SHRM efforts begin with identification of strategic needs

Employee participation is critical to linking strategy and HR practices

Strategic HR depends on systematic and analytical mindset

Corporate HR departments can have impact on organization's efforts to launch strategic initiatives