Swot Approaches Of Strategic Human Resource Management Essay

HR must enact its own strategies which can aid the organization in meeting its goals and mission. They are referred to as strategic human resource management (SHRM). SHRM is “a pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals” (Noe et al., 2002, 55). The following are examples in which HR strategies can positively impact an organization in meeting its desired outcomes.

As the global business environment becomes increasingly competitive, more and more organisations are targeting human resources as a means of strategically gaining competitive advantage. Strategic human resource management (SHRM) is a constantly evolving process which is concerned with providing a strategic framework that supports an organisation’s long term business goals. The logic behind this is that organisations are using new innovative technologies to provide qualitative low- cost solutions, and are trying to manage their human assets more effectively (Wright,

Through this case study I will be discussing strategic management. Strategic management can be defined as a process where an organization attempts to determine what actions need to be taken to achieve the overall objectives and more importantly how to meet them (Mello, 2015, p. 114). For a company to strive and meet their goals, deadlines, and missions they must stay conscious of the strategic plan put in place for the success of the company. If the company does not have a good strategic plan the company could fail. With correct planning a company could succeed without fail. Something that needs to be taken into consideration in the strategic plan should be investing into the company’s human assets. At first it may look like it is causing the company more issues however in the long run it will strengthen the company and moral making a more successful company. This could help with customer relations, and the organization status which will help produce additional revenue for the company.

In simple term, strategic human resource management is concern with the ways in people is crucial to company effectiveness. According to Miller (1987) strategic

Today 's fast-paced, competitive business environment has resulted in "rediscovery" of the human resource management function as a group that may be able to enhance firm competitiveness and performance by being "strategic" (Dyer & Kochan, 1995; Ulrich, 1997). Strategic Human Resource Management is a term describing an integrated approach to the development of Human Resource Strategy that will enable the organization to achieve its goals (Armstrong, 2005). Whiles strategy is an action that managers take to attain one or more of the organization’s goals. Strategy presents a general direction set for the company and its various components to achieve a desired state in the future. This results from the detailed

Wright and McMahan (1994) define strategic HRM as “the pattern of planned Human Resource deployments and activities intended to enable the organisation to achieve its goals.” A HR function should impact the success of an organisation; a policy must remain current and suitable to both the internal and external environment. Ulrich and Lake (1990) affirm, ‘HRM systems can be the source of organisational capabilities that allow organisations to learn and capitalise on new opportunities.’

Strategic Human Resource Management has been developed to give companies a competitive edge over other companies. Since widespread access to and the use of technology have resulted in tighter margins for maintaining a competitive edge,

The strategic human resources management of the means every person from within organization from the top of management level to the bottom of ground staffs are doing things that make the organization successful. According to Schuler, R. S. (1992) strategic human resources management is defined about integration and adaption within organization .Its concern to ensure HR management is fully integrated with the strategy and these HR policies are adjusted and used by the employees and their line managers as part of their everyday work.

They try to solve the problem by using a new framework, which named “ SMs’ career capital and their entry and integration into local organizations.” therefore people need to know more deeply about the relationship HR and SMs, in this paper they use two well-know theories as a basic theory. Also they try to provide a new and more comprehensive framework to consider how much important and lack for today's competitive in labor market (Zikic, J., 2015). Define the definition of strategic human resource management as "a model of planned human resource deployment and activities aimed at enabling the company to achieve its objectives". SHRM is a method of managing employees by implementing highly committed human capital to achieve a competitive advantage by using a range of cultural, structural, and personnel technologies (Gulati, J.K., 2016). Especially solve the problem by HR. Researchers study the various structures associated with human resources, especially the structure of human resources, which contributes to the company's positive research results. For the company, how to develop human resources and success use, is the key to success. And related to business strategy, many companies in the development

Strategic human resource management as described by Nel et al. (2011:562) is “long-term, top-level management decisions and actions regarding employment relationships that are usually made and performed with the overall general strategic

There has been much debate on the term strategic human resource management (SHRM) and until now, there is no fixed definition for SHRM. According to Wright and McMahan (1992), SHRM can be defined as “the pattern of planned HR deployments and activities intended to enable a firm to achieve its goals”. Similarly, Wright and Snell (1991) regard SHRM as “organisational systems designed to achieve sustainable competitive advantage through people”. Ulrich and Lake (1991) on the other hand, has described SHRM as a process of linking HR practices to business strategy. SHRM can also be defined as the linkage of HR functions with strategic goals and organisational objectives to improve business performance and cultivate an

Human resource management can be defined as “the effective use of human resources in an organization through the management of people-related activities.” (Harvard Extension School, 2013) According to Boxall (2007), “HRM is the management of work and people towards desired ends.” Human Resource Management (HRM) is the core function of all organizations. It ensures that’s companies have the necessary talent required to operate effectively. Strategic HRM according to Ulrich(1997), p.89, states “SHRM is a process of linking HR practices to business strategies.” So from the above definitions it can be seen that SHRM contains HRM but SHRM is at a higher level. Also it must be noted if there is HR in an organization; it

Strategic Human Resource Management is an approach to organizational strategy and is evolving in the workplace. Since change is inevitable, it makes sense that HRM would try to take a pro-active step and forecasting for the future is one strategic way to plan rather than yesterday’s thoughts of simply recruiting, training, and employee benefits. Another example that requires implementation of SHRM is of the aging workforce. Analysis and data must be conducted to determine how this new shift could affect the organization and what changes, if any, need to happen to provide the transition amongst its employees as well as hiring new employees of a golden age. The HRM team must plan for future replacement of these workers; however, due to their vast experience, it won’t be an easy task with simply obtaining new qualified workers. One proposition would require coordinating seasoned employees with newer staff to be able to transfer some of the knowledge beforehand. Ongoing training programs that involves both sets of employees to promote cross-training could prove to be a proactive step towards retirement. These ideas would need to have systems in place that could be analyzed and evaluated for ongoing improvements. This could also create a further opportunity to execute more diversity within the organization.

Within this essay an in depth analysis will be conducted on the difference between Human Resource Management and Strategic Human Resource Management using contemporary perspectives. Human Resource Management (HRM) is the process of managing human resources in a systematic way. It is a practice devised to maximise the performance of employees and is concerned with the application of management principles to manage organisational personnel while paying attention to the policies and systems of the entity (Delaney & Huselid, 1996). Strategic Human Resource Management (SHRM) is a function of management which entails development of policies, programmes and practices related to human resources, which are aligned with business strategy so as to achieve the strategic objectives of the organisation (Patrick M. Wright, 1992). Its primary purpose is to improve the performance of the business and maintain a culture that encourages innovation and works continuously to gain competitive advantage. In this essay the Resource-Based View, High Performance Management and High Commitment Management perspectives of Strategic Human Resource Management and Traditional and Collaborative

Strategic human resource management process is very important to any organization in the present day context because it contributes to the organizations performance to a greater extent even on a highly volatile environment.