Thursday, November 21, 2019
The strategic management of human resources Essay
The strategic management of human resources - Essay Example This paper investigates the implementation of strategic human resource management (SHRM) integrating with the scope of linkages between SHRM and Corporate Strategy Process. To demonstrate the integration SHRM and corporate strategy process, strategic integration framework of Golden and Ramnujam's (1985) has considered as a base and evidences has been drawn from both global and UK corporate houses. The out6comes should provide support to the momentum for the HRM activity to accomplish an enhanced level of strategic integration with the corporate planning process. Evidence also supports that after integration HRM activities within the companies have gained a strategic status inside the business planning process. Yeung, A., & Brockbank, W., (1995) mentioned that a very important output of the planning process is a strategy for an organisation. The term strategy refers to what managers want the organisation to accomplish. A strategy positions the organisation in a particular place in the organisation's environment. On the other hand, human resource management (HRM) is the management function that deals with recruitment, placement, training, and development of organisation members. So, we can define strategic human resource management as the management process that involves an organisation's engaging in strategic planning and then acting on those plans by utilizing human resources to get better output and thus any organisation meet its goals. Managers always remember that most important resources are the people who supply the work, talent, creativity, and drive to the corporate strategy process. The Role of Strategic Management with the Corporate Strategy Process: Stephen, T, (1998) added that the corporate Strategy is the broad program for defining and achieving an organisation's objectives, the organisation's response to its environment over time. Basically, administrative tasks needed to put strategy into practice. The management process that involves an organisation engaging in strategic planning and then acting on those plans is known as strategic management. Strategic management provides a disciplined way for managers to make sense of the environment in which their organisation operates, and then to act. In broad terms, two phases are involved: 1. Strategic planning is the name we customarily give to the sense-making activity. This includes both the goal setting and the strategy-formulation processes that Hofer, C. W. Schendel, D., (1978) distinguished. 2. Strategy implementation is the name we customarily give to actions based on that kind of planning. This stage includes Hofer, C. W. Sch
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