Strategy of Human Resource Management is seen as an approach that mentions how the long-term business aims and outcomes of organization will be supported and acquired through a strategic framework and people. This approach consists of some typical human resource components like recruitment, quality, payroll and discipline, and work cooperatively with employees to promote and improve the quality of work experience, and maximize the benefits of employment for both employers and employees. (businessdictionary.com) Moreover, the importance of human resource management is undeniable. It can be said that one of the most important assets of an organization is human resource, because this function is taken as the link between business and the employees, helping the business to find talented and potential employees to handle high positions.
This assignment will analysis advantages and challenges of strategic human resource management, and what strategies can a firm implement to handle these problems.
Firstly, helps business to monitor their progress. Human resource management strategy may be able to help the firms monitor their progress toward reaching their stated objectives and aims. In fact, a lot of strategic plans seem to depend on functions or the support and cooperation of individual and employees departments within the company. This approach play an important role to make sure that the companies will certainly implement the all the strategic plan’s components in the best way that is timely and effectively.
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