Strategic Human Resource Management Business objectives are accomplished when human resources practices, procedures and systems are developed and implemented based on organizational needs that are when a strategic perspective to human resource management is adopted. The conceptual basis of strategic HRM is the interface between HRM and strategic management. What is resource based view of strategic HRM and its importance? It is the range of resources in an organization, including its human resources
the presence of a relationship between strategic human resource management and strategic management, and how can we make this relationship come about? To address my research question on “why there is a need for the presence of a relationship between strategic management and strategic management, and how we can make this relationship come about”. Firstly, I will start of by defining the two concepts of human resource management as well as strategic management. Secondly, I will describe the organisational
III- Literature review and background Human Capital and the importance of improving the workforce: Starting by defining the term ‘Human Capital’: “Human capital is a measure of the economic value of an employee's skill set. This measure builds on the basic production input of labor measure where all labor is thought to be equal. The concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved by investing in them. The education, experience and
The concept of strategic human resource management (SHRM) originated in the USA soon after the development of the concept of human resource management (HRM) in the 1960s and 1970s (Kazmi & Ahmad, 2001). HRM and SHRM are considered identical and used interchangeably by some authors. For example, (Mathis & Jackson 1985, in Kazmi & Ahmad, 2001) define HRM as "the strategic planning and management of human resources for an organization and HRM is more broadly focused and strategic in nature". This means
STUDY AND EVALUATION OF STRATEGIC MANAGEMENT IN INDIAN CONSTRUCTION INDUSTRY Naveen Thomas Abraham1, A. Arokia Prakash2 1 Student, Construction Engineering and Management, SRM University, Chennai, 603203, naveennt2007@gmail.com 2Assistent Professor, Construction Engineering and Management, SRM University, Chennai, 603203, arokiaprakash.a@ktr.srmuniv.ac.in 1 ABSTRACT Strategic Management is a concept that concerns with making decisions and taking corrective actions to achieve long term targets and
strategy and human resource management, this research will not focus on the alignment of business strategy and human resource management and why the need for such alignment should exist. This study postulates that given the relative acceptance of the need for alignment between business strategy and human resources management, what is HR’s role in formulating and executing strategies. First, we examine the prevailing HR role and its role as a strategic partner. In order for HR to become strategic we will
functions to provide management solutions that increase the effectiveness of human capital (Hendrickson, 2003). HRIS systems have evolved into complex tools designed to manage a rich variety of information about the firms human capital as well as to provide analytical tools to assist in decision making about the management of those assets (Carrel et., al 1999) .A well designed HRIS could serve as the main management tool in the alignment or integration of the human resources department goals with
The People Management has undergone profound changes over time, in terms of terminology either in terms of content and process management. According to this research, various approaches developed by several authors in recent decades, from industrial relations to this day, that is, to the information age. The area of Human Resource Management in an engineering environment has ceased to be a mere personnel department to become an activity of strategic importance within organisations (Need, 2006, p
successful even without adequate plans , organization or controls . They were successful because they had the aptitude for hiring the right people for the right job and then motivating appraising and developing them (Dessler, Act1988) .Thus , human resource management can be defined as , the process of hiring and developing employees so that they become more valuable to the organization. Also , it is the way for both private and public
studied is written in regards to examining the Human Resource Development (HRD) approaches of Tourism Industry while utilizing Air India Ltd., New Delhi as the subject in enriching the potential of its workers. It is set on identifying the issues, problems and inadequacies confronted by the industry while rectifying them in accordance to the needs of each personnel as well as integrating the traits of HRD into the organization using every relevant human resource structures. In this context, a number of