Strategic Management of Human Resources

630 Words Jan 28th, 2018 2 Pages
Some examples in this sense include the growing forces of globalization and market liberalization, the increasing cultural diversity in workplaces, the shift from a manufacturing economy to a service economy, or the advancement of technology.
In such a setting, the role of the staff members is also suffering modifications as the employees are not just the individuals operating the machines, they have become the most valuable organizational assets (Hickman, 2005). The employees are now in charge of creating organizational value and sustaining the company in attaining its overall objectives. Given this scenario, economic agents come to place an increased emphasis on the relationship with the staffs and focus on the strategic management of their human resource (Noe, 2002).
The strategic management of the human resource is revealed at virtually all levels of the relationship between the employer and the employee, since the need for a new hire is identified, up to the point where the employee leaves the firm. Some focal points of this strategic HRM include the motivation of the employees, their training, their reward or the offering of adjacent incentives, such as flexible working schedules. Overall, it is the scope of strategic human resource management to ensure that…
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