Strategic Human Resource Management

Strategic Human Resource Management

When we talk about human resource management , we deal with the management approach focused on the organization 's most valued assets which are the people working for them . These people , individually and collectively contribute to the success and the achievement of objects of the organization , which is why there really is a need to treat them as valued assets . Human resources , as well as human resource management have replaced the concept of personnel management , wherein the of managing people in the organizations is put to a new

light . Human resource management , just like how the term sounds , is treating the people working for the organization as resources something of great value for the company . Because of this , the concept of Strategic Human Resource Management is created . With strategic HRM the organization efficiently harnesses the human resources , and this is attained by providing them of the things they need - a bargain which benefit not only the workers , but also for the entire organization

Strategic human resource management is a strategic approach in to manage or handle the human resources of a certain company or organization ADDIN EN .CITE Wei7Wei L .Strategic Human Resource Management : Determinants of FitResearch and Practice in Human Resource ManagementResearch and Practice in Human Resource Management (Wei , 2006 . It is a relatively new concept compared to the more technical Human Resource Management , as it is being continuously developed , starting over two decades ago . There is no exact definition as to what Strategic HRM really is , though there is broad agreement that its basic function involves planning , designing , and implementing a set of policies and practices which adheres internally to that of the organization 's own in to make sure that the human capital greatly contributes in achieving the objectives ADDIN EN .CITE Chartered Institute of Personnel and Development2Chartered Institute of Personnel and Development ,Strategic human resource management2008June 92008http /www .cipd .co .uk /subjects /corpstrtgy /general /strathrm .htm (Chartered Institute of Personnel and Development , 2008 . Traditionally , HRM deals with employment practices , from recruitment , to selection , to performance appraisal , training and development , and even up to administering the necessary compensation and benefits of the people . Combining the traditional HRM function to a set of business strategies , Strategic HRM focuses more on the flexible arrangement and utilization of the company 's human resources in to achieve the organizational goals thus helping the organization be up with competition or even the upper hand of a competitive advantage ADDIN EN .CITE Office of Merit Systems Oversight and Effectiveness6Office of Merit Systems Oversight and Effectiveness ,U .S . Office of Personnel Management ,St rategic Human Resources Management : Aligning with the Mission42 pages1999ht tp /www .opm .gov /studies /alignnet .pdf (Office of Merit Systems Oversight and Effectiveness , 1999

In handling the human resources in the context of Strategic HRM , the following features should be well-acknowledged . The first one is in the organizational level , wherein strategies mainly involve decisions regarding key goals for the company , the major policies to...