Strategic Human Resource Management- INPUT PRESENTATION.pptx

research

1. Strategic Human Resource Management (SHRM)

2. DEFINITION an approach to the practice of human resources that addresses business challenges and make a direct contribution to long term objectives. it focuses in long term resourcing issues within the context of an organization's goals and evolving nature of work

3. Strategic Human Resource Management also termed as "People Strategy" A process that helps the human resource department to maximize the potential of its workforce through strategic planning, talent management, leadership development, organizational design and performance management

4. SHRM GOAL SHRM aims to achieve COMPETITIVE ADVANTAGE by creating value for customers, shareholders, employees and other stakeholders. COMPETITIVE ADVANTAGE a competitive edge what makes an organization/business' goods/services superior to all consumer's other choice.

5. SHRM PURPOSE SHRM main purpose is to improve the performance of the business and maintain a culture that encourages innovation and works continuously to gain a competitive advantage. PURPOSE

6. KEY DIFFERENCES OF HRM and SHRM HUMAN RESOURCE MANAGEMENT STRATEGIC HUMAN RESOURCE MANAGEMENT managing people to achieve short term goals modern approach to develop HR in line with overall strategy of the organization; long term select and compensate employees for the activity performed improve employees effectiveness and efficiency proactive reactive short term goals and outcomes supports long term goals change follower change leader job design: division of labor / specialization job design: flexibility, cross training

7. READING REFERENCES: https://www.cipd.org/uk/knowledge/factsheets/strategic-hrm-factsheet/#:~:text=Strategic%20human%20resource%20management%20(strategic,the%20evolving%20nature%20of%20work. https://hr.university/shrm/strategic-human-resource-management/ https://www.personio.com/hr-lexicon/strategic-human-resource-management/ https://keydifferences.com/difference-between-hrm-and-shrm.html#Definition https://slideplayer.com/slide/2539205/ https://theintactone.com/2019/03/02/hrm-u1-topic-5-shrm-vs-conventional-hrm/ https://www.difference.wiki/hrm-vs-shrm/ https://www.businessmanagementideas.com/difference-between/difference-between-strategic-hrm-and-hrm/20803