Strategic Human Resource Management

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To simply define Human Resource Management (HRM), it is a management function that helps managers recruit, select, train and develop members for an organization. Obviously, HRM is concerned with the people’s dimension in organizations. When we say HRM of the organization, it is concerned with all the departments of it. In the marketing department, people consult products or services that lead to the sale. In the sales department, people sell products or give services to the customers. And also in finance, people manage and forecast the flow of money in the organization. All these functions cannot be accomplished without the help of the human resources and people are the ones that can make the organization achieve its objectives. And when the strategies come together with HRM, there comes Strategic Human Resource Management (strategic HRM or SHRM). It may be regarded as an approach to the management of human resources that provides a strategic framework to support long-term business goals and outcomes. The approach is concerned with longer-term people issues and macro-concerns about structure, quality, culture, values, commitment and matching resources to future need. First, according to Strategic Marketing Management by Wilson, Gilligan and Pearson, I would like to express the different levels within the organization that strategies must be developed. They are: * Corporate strategy, which deals with the allocation of resources among the various businesses or divisions of an organization. * Business strategy, which exists at the level of the individual business or division, dealing primarily with the question of competitive position. * Functional level strategy, that is limited to the actions of specific functions within specific businesses. The above strategies are set at the different levels to achieve a major or overall aim of the organization. The strategic approach addresses issues and needs relating to changes in structure and culture,...
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