Overview[ edit ] Definitions of complexity often depend on the concept of a confidential " system " — a set of parts or elements that have relationships among them differentiated from relationships with other elements outside the relational regime. Many definitions tend to postulate or assume that complexity expresses a condition of numerous elements in a system and numerous forms of relationships among the elements. However, what one sees as complex and what one sees as simple is relative and changes with time. Warren Weaver posited in two forms of complexity:
Strategic Human Resource Management: Meaning, Benefits and Other Details! Meaning of strategic HRM: Thus, strategy is associated with the long-term decisions taken at the top of the enterprise.
The term strategy is frequently being used in the present-day corporate world. Strategy is concerned with determining which option will provide maximum benefits. It is designed to ensure that the basic objectives of the enterprise are achieved through proper execution by the organisation.
Strategic implementation is concerned with aligning the organisation structure, systems and processes with the chosen strategy. Strategic management is the process of formulating, implementing and evaluating business strategies to achieve organisational objectives.
Strategic human resource management is to ensure that human resource management is fully integrated into strategic planning, that HRM policies cohere both across policy areas and across hierarchies and that HRM policies are accepted and used by line managers as part of their every day work, opines Guest.
According to Donald F. The success of an organisation depends on the people therein. Then this presupposes an integral approach toward human resource functions and overall business functions of an organisation.
Thus, strategic HRM means a strategic look at HR functions in line with the business functions of an organisation. Strategic HRM, therefore, is concerned with the following: Analyse the opportunities and threats existing in the external environment.
In other words, make a SWOT analysis of organisation.
Implement the strategies so formulated. Benefits of strategic management: Strategic management offers both financial and non-financial benefits to an organisation which practices it.
Allows identification, prioritisation and exploitation of opportunities. Provides an objective view of management problems. Represents a framework for improved co-ordination and control of activities. Minimises the effects of adverse conditions and changes.
Allows major decisions to better support established objectives. Allows more effective allocation of time and resources to identified opportunities. Allows fewer resources and lesser time to be devoted to correcting erroneous or adhoc decisions. Creates a framework for internal communication among personnel.
Helps to integrate the behaviours of individuals into a total effort.
Provides a basis for the clarification of individual responsibilities. Gives encouragement to forward thinking. Provides a co-operative, integrated and enthusiastic approach to tackling problems and opportunities.
Encourages a favourable attitude towards change.
Gives a degree of discipline and formality to the management of a business. Role of HRM in strategic management: We have already mentioned that strategic business plan is formulated to achieve competitive advantage.
From this specific strategy for each functional area viz. In other words, the formulation of organisational strategy is integrative with the formulation of functional strategies. This suggests that we must recognize that human resources integrally affect the overall strategy of an organisation.
Basically any strategic process can be broken down into two phases: Strategy Formulation Let us examine the role of HR in these two phases separately. Role in Strategy Formulation:ADVERTISEMENTS: Strategic Human Resource Management: Meaning, Benefits and Other Details! Meaning of strategic HRM: Before we try to explain the meaning of strategic HRM, let us first define the terms ‘strategy’ and ‘strategic management’.
The term ‘strategy’ is widely used in and presupposes importance. In the words of the Oxford Concise Dictionary, strategy means ‘generalship’. Jun 29, · However, there’s more to this job than many people realize.
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Ensuring a diverse, qualified, healthy, and highly motivated workforce focused on achieving critical outcomes. STRATEGIC HUMAN RESOURCE MANAGEMENT Human Resource Management The concept of human resource management (HRM) has attracted a lot of the organization's human resources'.
These pressures have created a need The concept of strategic HRM is . Strategic Human Resource Management is the practice of aligning business strategy with that of HR practices to achieve the strategic goals of the organization. The aim of SHRM (Strategic Human Resource Management) is to ensure that HR strategy is not a means but an end in itself as far as business objectives are concerned.