Human Resource Management (HRM) is a way of trouble that links people-related activities to the strategy of a phone line or organization. HRM is a lot referred to as strategic HRM. It has several goals:
- To meet the motifs of the handicraft and management (rather than just serve the interests of employees);
- To link human choice strategies / policies to the clientele goals and objectives;
- To find ways for human resources to add respect to a business;
- To help a business addition the commitment of employees to its values, goals and objectives
The link between Human Resources and Business Strategy
tout ensemble elements of the business strategy have implications for human resources, as illustrated in the table below. The challenge for management is to identify and respond to these HR challenges:
|Examples of Key Strategy Issues |Possible Human Resource Implications |
|What markets should the business compete in? |What expertise is required in these markets? Do existing |
| |management and employees have the right experience and skills |
|Where the business should be located to compete optimally? |Where do we need our people? How many do we need? |
|How can we achieve improvements in our unit production costs |How productive is the manpower currently? How does this compare |
|to remain competitive?
|with competitors? What investment in the workforce (e.g. training,|
| |recruitment) and their equipment is required to achieve the |
| |desired improvement in productivity? |
|How can the business effect cultural deviate? |What are the current values of the workforce? How can the...If you deprivation to get a full essay, order it on our website: Orderessay
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