Strategic Human Resource Management The Key to Core Competitiveness of Corporations
Strategic Human Resource Management
The Key to Core Competitiveness of Corporations
1. Introduction
The human resource is fundamental to a company, but the traditional human resource management style cannot meet the global market’s demand any more. Thus, the strategic human resource management comes into being. As a key part of the strategy management, the strategic human resource management demands the company to pay attention to the human resource, and set the appropriate human resource policies to meet the competitive strategy. This essay provides two examples to prove the importance of the SHRM to modern corporations.
2. The concept of SHRM
2.1 The Concepts of Strategy and Strategic Management
The aim of strategic human resource management (SHRM) is to meet the demand of revolution of human resource management and ensure the human resource management to fit the current environment. The substance is as follows: A strategy is a discussion result of the senior executives of an organization. To ensure the fast grown up of the organization, strategy leads the way of the working group due to the change of the outstanding environment. It is the direction for final success. It addresses critical issues and success factors. Strategic management is a process to set the strategic into reality (Nag, Hambrick & Chen 2007). It plans how the organization is disposed to the high-risk outstanding environment. It rules how to realize the strategy, and how to make the members of the organization accept the strategy and carry it out. During the process of strategy management, the organization should find the appropriate strategy, which can best suit the current outside environment and help the organization to achieve the final success in the competition (Schmidt & Treichler 1998). 2.2 The Different between SHRM and HRM
Before deeply discussion, this essay has to distinguish the difference between SHRM and HRM. In chapter 4, the material tells that the HRM provides
The Key to Core Competitiveness of Corporations
1. Introduction
The human resource is fundamental to a company, but the traditional human resource management style cannot meet the global market’s demand any more. Thus, the strategic human resource management comes into being. As a key part of the strategy management, the strategic human resource management demands the company to pay attention to the human resource, and set the appropriate human resource policies to meet the competitive strategy. This essay provides two examples to prove the importance of the SHRM to modern corporations.
2. The concept of SHRM
2.1 The Concepts of Strategy and Strategic Management
The aim of strategic human resource management (SHRM) is to meet the demand of revolution of human resource management and ensure the human resource management to fit the current environment. The substance is as follows: A strategy is a discussion result of the senior executives of an organization. To ensure the fast grown up of the organization, strategy leads the way of the working group due to the change of the outstanding environment. It is the direction for final success. It addresses critical issues and success factors. Strategic management is a process to set the strategic into reality (Nag, Hambrick & Chen 2007). It plans how the organization is disposed to the high-risk outstanding environment. It rules how to realize the strategy, and how to make the members of the organization accept the strategy and carry it out. During the process of strategy management, the organization should find the appropriate strategy, which can best suit the current outside environment and help the organization to achieve the final success in the competition (Schmidt & Treichler 1998). 2.2 The Different between SHRM and HRM
Before deeply discussion, this essay has to distinguish the difference between SHRM and HRM. In chapter 4, the material tells that the HRM provides