This website uses cookies to ensure you have the best experience. Learn more

"Strategic Human Resource Management Is An Idea That Sounds Good On Paper"

2313 words - 9 pages

In today's intensely competitive and global marketplace, maintaining a competitive advantage by becoming a low cost leader or a differentiator puts a heavy premium on having a highly committed or competitive advantage lies not just in differentiating a product or service or in becoming the low cost leader but in also being able to tap the company's special skills or core competencies and rapidly respond to customer's needs and competitor's moves. In other words, competitive advantage lies in management's ability to consolidate corporate-wide technologies and production skills into competencies that empower individual businesses to adapt quickly to changing opportunities.In a growing number of organizations human resources are now viewed as a source of competitive advantage. There is greater recognition that distinctive competencies anre obtained through highly developed employee skills, distinctive organization cultures, management processes and systems. This is in contrast to the traditional emphasis on transferable resources such as equipment. Increasingly it is being recognized that competitive advantage can be obtained with a high quality workforce that enables organizations to complete on the basis of market responsiveness, product and service quality, differentiated products and technological innovation.Strategic human resource management has been defined as "the pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals" (Wright & McMahan, 1992). Strategic Human Resources means accepting the HR function as a strategic partner in the formulation of the company's strategies as well as in the implementation of those strategies through HR activities such as recruiting, selecting, training and rewarding personnel. Whereas strategic HR recognizes HR's partnership role in the strategizing process, the term HR Strategies refers to specific HR courses of action the company plans to pursuer to achieve its aims. HR management can play a role in environmental scanning i.e. identifying and analyzing external opportunities and threats that may be crucial to the company's success. Similarly HR management is in a HR management is in a unique position to supply competitive intelligence that may be useful in the strategic planning process. HR also participates in the strategy formulation process by supplying information regarding the company's internal strengths and weaknesses. The strengths and weaknesses of a company's human resources can have a determining effect on the viability of the firm's strategic options.By design, the perspective demands that HR managers become strategic partners in business operations playing prospective roles rather that being passive administrators reacting to the requirements of other business functions. Strategic HR managers need a change in their mindset from seeing themselves as relationship managers to resource managers knowing how to utilize the full potential...

Find Another Essay On "Strategic human resource management is an idea that sounds good on paper"

Strategic Human resource management Essay

8652 words - 35 pages researching SGHRM issues in the twenty-first century. Next, an SGHRM and a mixed-method programme to assist in the development of a global human resource system are suggested. Finally, barriers to the development of a SGHRM programme are examined to illustrate the types of research that will be needed utilizing the mixed-method approach. The underlying foundation of the paper is that, given the evolution of human resource management into a global

Strategic Human Resource Management Essay

2154 words - 9 pages , in particular, on strategic human resource management (SHRM) as being highly influential (Wilkinson, Hill & Gollan 2001). SHRM points out that an organization's human resource assets are potentially the sole source of sustainable competitive edge and much of the work in this area stems from the resource-based theory (RBT) of the firm, which provides conceptual basis for asserting that HR resources are key to firms' competitive and comparative

Strategic Human Resource Management

1450 words - 6 pages Resource as a Competitive Advantage for Organizations From the recent research, it is evident that the human resources are very essential for the competitiveness of organizations. An organization can define its strategic human resource roadmap by availing framework in which to plot a course to its future. For the achievement of this, an organization has to avail findings for utilization as benchmark for comparison with its assumptions, strategies and

Strategic Human Resource Management

1780 words - 7 pages Human resource is the greatest and most important asset in any organization. This is because without the human resources an organization cannot achieve its goals. An organization need to develop a pool of labor so as avoid low labor turn over. For a company or an organization to develop a pool of labor it has to strategically manage the human resources. Strategic human resource management involves managing people with an aim of future direction

Strategic Human Resource Management

2092 words - 9 pages Individual Report Strategic Human Resource Management plays crucial role in every business organization no matter if it is commercial or non-commercial. According to Dessler, “strategic human resource management means formulating and executing human resource policies and practices that produce the employee competencies and behaviours a company needs to achieve its strategic aims” (2011). This paper is focused on the analysis of relations between

Strategic Human Resource Management - 2035 words

2035 words - 8 pages Strategic Human Resource Management However you define the activities of management, and whatever the organisational processes are, an essential part of the process of management is that proper attention be given to the Human Resource function. The human element provides a major part in the overall success of the organisation. Therefore there must be an effective human resource function. In the past, most organisations viewed Human Resource

Strategic Human Resource Management - 3340 words

3340 words - 14 pages defined as a set of decisions a company makes about the humans with whom it does business and the ones through which the business is done. This is a very simple definition of Strategic Human Resource Management. However, SHRM is an issue that is becoming increasingly important and hence increasingly complex.http://www.eepulse.com/documents/pdfs/HR.com-SHRM%20article-5-5-03.pdfThe approach of Strategic Human Resource Management towards the human

Strategic Human Resource Management

2057 words - 8 pages organisation. This elevated the HRM function in the company and although many years before the term Strategic Human Resource Management came to fruition, it sowed the seeds and is supported by writers such as McGregor, Likert and Blake and Mouton who all realised the need for participative Human Resource functions in improving organisational effectiveness. An effective HRM function should ensure that positive performance is met with positive rewards

Strategic Human Resource Management - 2169 words

2169 words - 9 pages Introduction: -Define SHRM and HRM Strategic human resource management is concerned with implementing long-term human resource practices and policies that allow for the generation of skilled and motivated employees that the organization needs to remain competitive in the future. It is proactive, to ensure that if a problem or opportunity arises that, there are policies and practices already available to tackle these issues before it actually

Strategic Human Resource Management - 1671 words

1671 words - 7 pages also plays a very important role in strategic management of the organization to transform human resource into valuable assets and for that proper step-by-step process should be followed between candidates before induction. The organization starts with a decision of whether to recruit temporary or permanent employees and this is mainly done on the basis of shortage of employees. If temporary employees are hired then they have to paid more per hour

Strategic Human Resource Management - 2839 words

2839 words - 11 pages on the severity of the offense, there are certain exceptions to the rules. Sexual harassment and physical violence are two exceptions that would merit immediate termination by the company. These policies and procedures are to be monitored and enforced by every employee in the management staff including the Human Resource staff. The policies provide stability and fairness across the company so that every employee is on the same page. (Dougherty

Similar Essays

What Is Strategic Human Resource Management(Shrm)?

3450 words - 14 pages shaping the organisation strategy in the term of Human Resource Management. The answer for this is fairly easy, we know the Top Level is the Strategy, and the bottom level is the worker on work floor. The linkage between these is a linkage mechanism, which general identify as Manager of that particular department.What is the responsibility of manager?In general, the key of a manager is to keep a good relationship with the employee, without the good

Strategic Human Resource Management Essay

1362 words - 5 pages flexibility that can motivate innovation. Such flexibility and responsibility can improve an organisation’s productivity. Strategic human resource management expands the skill base of the organisation’s employees to enable them to acquire the necessary skills which are useful in the organisation’s strategic growth (Armstrong 2008). Constant learning and skill development is important due to the changing nature of business environments and

Strategic Human Resource Management Essay 1324 Words

1324 words - 5 pages This paper presents an assessment of the role of strategic human resource management (SHRM) and its links with the strategic business objectives of Leeds City Council. Task 1 AC1.2 HRM evolution • The first wave arose with Storey’s New Perspectives on HRM (1989) • The second wave arose in consideration of: • Social and economic context of HR functions • HR and organisational performance • New organisational forms and HR • HR and knowledge

Strategic Human Resource Management Essay

1247 words - 5 pages Armstrong ( 2010) defined Strategic Human Resource Management (SHRM) as “an approach to making decisions on the intentions and plans of the organisation in the shape of the policies, programmes and practices concerning the employment relationship, resourcing, learning and development, performance management , rewards and employee relationships,” ( p. 115). There is a paradigm shift from a functional role to a tactical one through the