Human Resource And Strategic Management Strategies Essay

Human resource is a group of people organized by a company which is to add benefit and efficiency to the company. Big company has lots of worker and staff, in order to manage effectively, they need a sector that responsibility for those worker s regulations and relationship between employees. Companies know that a good relationship between worker could help them perform their task more easily and high quality. Those government regulations need to be compiled in order to running a legal company. Human resource is also a sector to know those regulations when recruit a new employee, training staff in different specification, compensation and benefits, etc. This is a sector that focus on things that related to employment. There are many critical choices made by human resource will cause a major effect on a company. First is a vertical fit categorizing the alignment of HRM practices and the strategic management strategies of the firm. Vertical match is managed by directing human sources t oward the primary initiatives of the organization. Vertical match is the major thinking of HRS, and is linked to a contingency primarily based method and subsequently developing an standard match of the a range of administration strategies (including HRS) in the long term goal. The second congruence - horizontal in shape Implies hand-shaking among the various HRM practices. Horizontal in shape is carried out through correctly allocating the resources. The horizontal suit is afflicted as toShow MoreRelatedResearch Proposal: Strategic Hrm1623 Words   |  7 Pagesâ€Å"Perspectives on Human resource strategy: A key role contributing to organization performance in Cambodian Context† By Chit Uys Stevexo July 21, 2011 The strategic management of an organization s human resource has been recognized as one of the keys to business success. This particular strategy generally involved the optimization of the employees potentials mainly through training and performance assessment. This organizational strategy has been integrated in several businesses mainly toRead MoreHuman Resource Management : A Competitive Advantage Essay1352 Words   |  6 PagesIV. HUMAN RESOURCE MANAGEMENT AS A COMPETITIVE ADVANTAGE â€Å"It allows a firm to gain an edge over rivals when competing. It comes from a firm’s ability to perform activities more distinctively and more effectively than rivals. † Competitive advantage refers to the ability of an organization to formulate strategies for the exploitation of opportunities that are to be presented in external environment. Liberalization created a hyper-competitive environment to respond to this turbulence, Indian organizationsRead MoreStrategic Human Resource Management : Marks And Spencer1208 Words   |  5 PagesBusiness environment is facing a rapid change that reminds the business management to focus on its core competencies to survive and sustain in the competitive environment. The core competencies can be developed by strategic human resource management. According to Armstrong (2006) employees are the valued assets for a company. The strategic human resource management is mainly developed in accordance to the fact that human resources need to be managed strategically for the company to enjoy sustainableRead MoreStrategic Human Resource Management1738 Words   |  7 PagesSTRATEGIC HUMAN RESOURCE MANAGEMENT Strategic human resource management is the process of linking the human resource function with the strategic objectives of the organization in order to improve performance. Strategic management The word ‘strategy’, deriving from the Greek noun strategus, meaning ‘commander in chief’, was first used in the English language in 1656. The development and usage of the word suggests that it is composed of stratos (army) and agein (to lead). In a management contextRead MoreHuman Resource Management : The Management Of An Organization1250 Words   |  5 PagesHuman resource management is the management of an organization to build and maintain the relation between the employee and the organization in order to meet business objectives and employee expectations. The process of hiring and developing employees so that they become more valuable to the organization. Human resource management is the governance of an organization s employee. HRM is sometimes referred to simply as human resource. HRM is the process of recruitment, selection of employee, providingRead MoreMicrosofts Human Resource Management Strategy679 Words   |  3 Pagesï » ¿Microsoft CORPORATION HUMAN RESOURCE MANAGEMENT STRATEGY EXECUTIVE SUMMARY The Company Profile: Microsoft Corporation Importance of Strategic Human Resource Management Talent Management Strategies Compensation and benefit packages for employees Policies and practices for Labor relations management Comparison with the Competitors Conclusion OBJECTIVES OF THE HRM STRATEGY To design effective talent management strategies; including recruitment and selection, motivation and retention, performanceRead MoreHuman Resource Management And Organizational Strategy752 Words   |  4 Pagesfrom Bill Gate’s strategic vision for his company. Different from other entrepreneurs, he values the employees, and favoring intelligence over experience in his employees. In modern society, human capital is the most dynamic resources for a company. How to attract excellent human resource and utilize their ability to reach organizational goal is something managers should think about. Strategic human resource management could explain the relationship between human resource management and organizationalRead MoreDesign and Implementation of Sets of Strategic Human Resource Management Practices 1694 Words   |  7 PagesThe design and implementation of sets of strategic human resource practices continues to lack coherence and consistency, primarily because the concept of fit is still so little understood. Strategic human resource management refers to managing people in organizations proactively, such that it helps a business gain competitive edge. It is directed by the organizational strategy, as opposed to human resource management which aims to on better management of people only. SHRM is gaining widespreadRead MoreThe Strategic Human Resource Management1254 Words   |  6 PagesINTRODUCTION Proactive management of the employees of a company or organization. Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and also involves working with employees in a collaborative manner to boost retention, improve the quality of the work experience, and maximize the mutual benefit of employment for both the employee and the employer. The strategic human resource management was excellent as all employees reported highRead MoreHuman Resource Management And Organizational Goals1587 Words   |  7 Pagesthe best-intentioned human resource processes attempting to align human resource practices with organisational goals have become mismatched. Due to external factors such as globalization, advances in technology and changing views regarding the importance of human resources as a competitive advantage for organisations, the nature of work has been redefined (Horwitz, Heng, Quazi, 2003). This has caused human resource management to become more than just a function, but a strategic partner within corporations