Strategic Hrm And Strategic Management

2114 Words9 Pages
02- The nature of strategic HRM 2.1 Identify the context of strategic HRM Strategic human resource management is designed to help companies meet the needs of their employees while promoting company goals. 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. 2.2 Evaluate the interface between HRM and strategic management Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company 's top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes. Additionally, strategic HRM is the interface between HRM and strategic management. It takes the notion of HRM as a strategic, integrated and coherent approach and develops that in line with the concept of strategic management. 2.3 Analyse models of strategic HRM HRM models provide an analytical framework for studying HRM. Additionaly, they can establish variables and relationships to be researched, and are able to explain the nature and significance of key HR. Two contrasting theories of HRM have been put forward as an approach to tackle work force in a company that are called Hard HRM and Soft HRM. Storey (1989) has distinguished between hard and soft forms of HRM, typified by the Michigan and Harvard models respectively. Hard HRM focuses on the resource
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