SlideShare a Scribd company logo
1 of 9
STRATEGIC HUMAN
RESOURCE MANAGEMENT-
ISSUES AND ITS FUTURE
WHAT IS STRATEGY?
• A strategy is a step-by-step
plan of action prepared by
an organization and by
which it aims to achieve its
plan or plans, thus,
ensuring its success and
survival.
WHAT IS STRATEGIC HUMAN RESOURCE
MANAGEMENT?
• This is the step-by-step plan of action by which an
organization employs, utilizes or manages, develops, and
deploys its human resources in order to attain its defined
corporate mission and goal.
• A human resource strategy is devised in respect of
hiring, employee deployment and training, motivation
and engagement, and employee retention
• By going through this procedure a company or
organization makes itself able to achieve their
objectives by their human resources. This is an effective
way of organizing workforce by adopting a specific
strategy, where the performance of employees can
increase the revenue of organization or can increase the
profit margin. Strategic human resource management
is “human resource management” carried out in a
strategic way by making plan and using employee’s
specialties and experience for the growth of the
organization. The human resource activities are linked
to the achievement of the organization’s overall
ISSUES OF SHRM
• The strategic human resource choices involved in low cost of
production strategy include:
• Train the employees in the area of time management, task
handling and on the basis of their past experiences.
Retrenchment of surplus employees caused due to superior
speed Pay for performance Promotions based on efficiency
High quality work environment at the production place.
APPROACH TO SHRM
The new way of managing people coming from the
strategic human resource definition. Human
resources with all the skills and strengths that may
be needed to achieve HR goals. These goals are in line
with the organization’s strategic goals.
ROLE OF SHRM
One of the most important thing is to evaluate how
the big organizations are making their success by
using the Strategic Human resource management.
HR AS STRATEGIC PARTNER
The hiring of the right staff for the organization by HR policies
and using their workforce in the right way for the organizations
core businesses. Participative culture where HR initiatives fully
support the overall strategic plan. Effective use of information
technology. Effective leadership through appointment of the right
HR Head Identification of human resource practices that make
HR as strategic partner, namely, serving the business needs of
your organization. Identification of human resource practices that
make HR as strategic partner, namely, serving the business needs
of your organization.
THE FUTURE OF SHRM
As the world of business becomes more complex and
challenging, strategic human resource management will
continue to grow in importance in the success story of
organizations. Proponents of HR strategic management have
generated a great deal of interest in this. Some large
organizations had used it. On the contrary, some lament the
failure of many organizations to implement the system.
Strategic personnel management will not disappear. This is the
case as long as people continue to run organizations of any size
and for any purpose. We are confident that people will continue
to play important roles.

More Related Content

What's hot

Types of Human Resource Strategies
Types of Human Resource StrategiesTypes of Human Resource Strategies
Types of Human Resource StrategiesRonit Kharade
 
Talent management
Talent managementTalent management
Talent managementMohdfaiz102
 
What is Manpower Planning Organizing Staffing Important objectives of staffin...
What is Manpower Planning Organizing Staffing Important objectives of staffin...What is Manpower Planning Organizing Staffing Important objectives of staffin...
What is Manpower Planning Organizing Staffing Important objectives of staffin...SANJEEV Wazir
 
HUMAN RESOURCE PLANNING
HUMAN RESOURCE PLANNING HUMAN RESOURCE PLANNING
HUMAN RESOURCE PLANNING Aayushi Pandey
 
Strategic Workforce Planning
Strategic Workforce PlanningStrategic Workforce Planning
Strategic Workforce PlanningQASource
 
hrp concept and objective
 hrp concept and objective hrp concept and objective
hrp concept and objectiveDr.Aravind TS
 
Kennedy Workforce Planning
Kennedy Workforce PlanningKennedy Workforce Planning
Kennedy Workforce PlanningTalent Find LLC
 
Long Term HR Business Strategy
Long Term HR Business Strategy Long Term HR Business Strategy
Long Term HR Business Strategy Pankaj Goel
 
Hr strategies-Linda Susan Joseph MACFAST THIRUVALLA
Hr strategies-Linda Susan Joseph MACFAST THIRUVALLAHr strategies-Linda Susan Joseph MACFAST THIRUVALLA
Hr strategies-Linda Susan Joseph MACFAST THIRUVALLAcrizzannne
 
Download recruitment information part 1
Download recruitment information part 1Download recruitment information part 1
Download recruitment information part 1SELF EMPLOYEE
 
Efqm 2c lisa chemnitz
Efqm 2c lisa chemnitzEfqm 2c lisa chemnitz
Efqm 2c lisa chemnitzpludoni GmbH
 
Human resources Management
Human resources ManagementHuman resources Management
Human resources ManagementSandesh Acharya
 
human resource management
human resource management human resource management
human resource management Aayushi Pandey
 
Strategic HR Planning anf Talent Mgt 2
Strategic HR Planning anf Talent Mgt 2Strategic HR Planning anf Talent Mgt 2
Strategic HR Planning anf Talent Mgt 2dmdk12
 
Strategic Nature of Human Resource Management
Strategic Nature of Human Resource ManagementStrategic Nature of Human Resource Management
Strategic Nature of Human Resource ManagementAYSHASHADHAB
 
FUNCTION AND IMPORTANCE OF HRM
FUNCTION AND IMPORTANCE OF HRM FUNCTION AND IMPORTANCE OF HRM
FUNCTION AND IMPORTANCE OF HRM Aayushi Pandey
 

What's hot (19)

Types of Human Resource Strategies
Types of Human Resource StrategiesTypes of Human Resource Strategies
Types of Human Resource Strategies
 
Talent management
Talent managementTalent management
Talent management
 
Talent management
Talent managementTalent management
Talent management
 
What is Manpower Planning Organizing Staffing Important objectives of staffin...
What is Manpower Planning Organizing Staffing Important objectives of staffin...What is Manpower Planning Organizing Staffing Important objectives of staffin...
What is Manpower Planning Organizing Staffing Important objectives of staffin...
 
HUMAN RESOURCE PLANNING
HUMAN RESOURCE PLANNING HUMAN RESOURCE PLANNING
HUMAN RESOURCE PLANNING
 
Strategic Workforce Planning
Strategic Workforce PlanningStrategic Workforce Planning
Strategic Workforce Planning
 
hrp concept and objective
 hrp concept and objective hrp concept and objective
hrp concept and objective
 
Kennedy Workforce Planning
Kennedy Workforce PlanningKennedy Workforce Planning
Kennedy Workforce Planning
 
Long Term HR Business Strategy
Long Term HR Business Strategy Long Term HR Business Strategy
Long Term HR Business Strategy
 
Hr strategies-Linda Susan Joseph MACFAST THIRUVALLA
Hr strategies-Linda Susan Joseph MACFAST THIRUVALLAHr strategies-Linda Susan Joseph MACFAST THIRUVALLA
Hr strategies-Linda Susan Joseph MACFAST THIRUVALLA
 
Download recruitment information part 1
Download recruitment information part 1Download recruitment information part 1
Download recruitment information part 1
 
Efqm 2c lisa chemnitz
Efqm 2c lisa chemnitzEfqm 2c lisa chemnitz
Efqm 2c lisa chemnitz
 
Hospital
HospitalHospital
Hospital
 
Human resources Management
Human resources ManagementHuman resources Management
Human resources Management
 
human resource management
human resource management human resource management
human resource management
 
Hrm2 hrp_group
 Hrm2 hrp_group Hrm2 hrp_group
Hrm2 hrp_group
 
Strategic HR Planning anf Talent Mgt 2
Strategic HR Planning anf Talent Mgt 2Strategic HR Planning anf Talent Mgt 2
Strategic HR Planning anf Talent Mgt 2
 
Strategic Nature of Human Resource Management
Strategic Nature of Human Resource ManagementStrategic Nature of Human Resource Management
Strategic Nature of Human Resource Management
 
FUNCTION AND IMPORTANCE OF HRM
FUNCTION AND IMPORTANCE OF HRM FUNCTION AND IMPORTANCE OF HRM
FUNCTION AND IMPORTANCE OF HRM
 

Similar to Strategic Human Resource Management- Issues and its Future

Introduction to HR presentation
Introduction to HR presentationIntroduction to HR presentation
Introduction to HR presentationNaledi Moyo
 
How have hris helped companies to integrate career
How have hris helped companies to integrate careerHow have hris helped companies to integrate career
How have hris helped companies to integrate careerSaumitra Gupta
 
Strategic hr management and planning
Strategic hr management and planningStrategic hr management and planning
Strategic hr management and planningMahmoud Shaqria
 
Organizational HR strategies and functional HR strategies.pptx
Organizational HR  strategies and functional HR  strategies.pptxOrganizational HR  strategies and functional HR  strategies.pptx
Organizational HR strategies and functional HR strategies.pptxDavidSebastian53
 
Introduction To Human Resourcespptx
Introduction To Human ResourcespptxIntroduction To Human Resourcespptx
Introduction To Human ResourcespptxNITALIMITRA
 
HR planning presentation.ppt
HR planning presentation.pptHR planning presentation.ppt
HR planning presentation.pptssuser3d4041
 
Strategic human resoirce management presentation
Strategic human resoirce management presentationStrategic human resoirce management presentation
Strategic human resoirce management presentationSaiSrinivasMurthy1
 
Strategic human resource management
Strategic human resource managementStrategic human resource management
Strategic human resource managementBhavi Bhatia
 
Human Resources Management (HRM)
Human Resources Management (HRM)Human Resources Management (HRM)
Human Resources Management (HRM)Rishabh M
 
How a strategic human resource management is helpful to a business organizati...
How a strategic human resource management is helpful to a business organizati...How a strategic human resource management is helpful to a business organizati...
How a strategic human resource management is helpful to a business organizati...Mr. Business Magazine
 
hr foecasting and planing vibha
hr foecasting and planing   vibhahr foecasting and planing   vibha
hr foecasting and planing vibhaumesh yadav
 
HR Analytics Design, Implementation and Measurement of HR Strategy
HR Analytics Design, Implementation and Measurement of HR StrategyHR Analytics Design, Implementation and Measurement of HR Strategy
HR Analytics Design, Implementation and Measurement of HR StrategyDr. Nilesh Thakre
 
Hr Planning 1 .124212956
Hr Planning 1 .124212956Hr Planning 1 .124212956
Hr Planning 1 .124212956Ravi Reddy
 
Profiling and talent management
Profiling and talent managementProfiling and talent management
Profiling and talent managementSeta Wicaksana
 
HRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfHRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfAjitKumarRoy7
 
HRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfHRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfAjitKumarRoy7
 
HRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfHRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfAjitKumarRoy7
 
Strategic Human Resource Management (SHRM)
Strategic Human Resource Management (SHRM)Strategic Human Resource Management (SHRM)
Strategic Human Resource Management (SHRM)Sheetal Wagh
 

Similar to Strategic Human Resource Management- Issues and its Future (20)

Introduction to HR presentation
Introduction to HR presentationIntroduction to HR presentation
Introduction to HR presentation
 
How have hris helped companies to integrate career
How have hris helped companies to integrate careerHow have hris helped companies to integrate career
How have hris helped companies to integrate career
 
Shrm notes mod 1
Shrm notes mod 1Shrm notes mod 1
Shrm notes mod 1
 
Strategic hr management and planning
Strategic hr management and planningStrategic hr management and planning
Strategic hr management and planning
 
Organizational HR strategies and functional HR strategies.pptx
Organizational HR  strategies and functional HR  strategies.pptxOrganizational HR  strategies and functional HR  strategies.pptx
Organizational HR strategies and functional HR strategies.pptx
 
Introduction To Human Resourcespptx
Introduction To Human ResourcespptxIntroduction To Human Resourcespptx
Introduction To Human Resourcespptx
 
HR planning presentation.ppt
HR planning presentation.pptHR planning presentation.ppt
HR planning presentation.ppt
 
Strategic human resoirce management presentation
Strategic human resoirce management presentationStrategic human resoirce management presentation
Strategic human resoirce management presentation
 
Strategic human resource management
Strategic human resource managementStrategic human resource management
Strategic human resource management
 
Human Resources Management (HRM)
Human Resources Management (HRM)Human Resources Management (HRM)
Human Resources Management (HRM)
 
How a strategic human resource management is helpful to a business organizati...
How a strategic human resource management is helpful to a business organizati...How a strategic human resource management is helpful to a business organizati...
How a strategic human resource management is helpful to a business organizati...
 
hr foecasting and planing vibha
hr foecasting and planing   vibhahr foecasting and planing   vibha
hr foecasting and planing vibha
 
HR Analytics Design, Implementation and Measurement of HR Strategy
HR Analytics Design, Implementation and Measurement of HR StrategyHR Analytics Design, Implementation and Measurement of HR Strategy
HR Analytics Design, Implementation and Measurement of HR Strategy
 
Hr Planning 1 .124212956
Hr Planning 1 .124212956Hr Planning 1 .124212956
Hr Planning 1 .124212956
 
Profiling and talent management
Profiling and talent managementProfiling and talent management
Profiling and talent management
 
HRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfHRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdf
 
HRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfHRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdf
 
HRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdfHRP_Module-2_Project Report.pdf
HRP_Module-2_Project Report.pdf
 
hrm-170103182928.pdf
hrm-170103182928.pdfhrm-170103182928.pdf
hrm-170103182928.pdf
 
Strategic Human Resource Management (SHRM)
Strategic Human Resource Management (SHRM)Strategic Human Resource Management (SHRM)
Strategic Human Resource Management (SHRM)
 

More from Naheed Mir

Collaboration skills and its types
Collaboration skills and its typesCollaboration skills and its types
Collaboration skills and its typesNaheed Mir
 
To 10 soft skills in customer services
To 10 soft skills in customer servicesTo 10 soft skills in customer services
To 10 soft skills in customer servicesNaheed Mir
 
12 skills for Customer Care Service
12 skills for Customer Care Service 12 skills for Customer Care Service
12 skills for Customer Care Service Naheed Mir
 
Brand equity and Keller’s Brand Equity Model
Brand equity and Keller’s Brand Equity ModelBrand equity and Keller’s Brand Equity Model
Brand equity and Keller’s Brand Equity ModelNaheed Mir
 
Market positioning
Market positioningMarket positioning
Market positioningNaheed Mir
 
Evaluation plan and how to write it
Evaluation plan and how to write itEvaluation plan and how to write it
Evaluation plan and how to write itNaheed Mir
 
Active management and Active Management Process
Active management and Active Management ProcessActive management and Active Management Process
Active management and Active Management ProcessNaheed Mir
 
What is strategic management
What is strategic managementWhat is strategic management
What is strategic managementNaheed Mir
 
Types of Managers
Types  of  Managers Types  of  Managers
Types of Managers Naheed Mir
 
Tips for effective time management
Tips for effective time managementTips for effective time management
Tips for effective time managementNaheed Mir
 
Elements of effective management skills
Elements of effective management skillsElements of effective management skills
Elements of effective management skillsNaheed Mir
 
Adaptive leadership and Principles of Adaptive Leadership
Adaptive leadership and Principles of Adaptive LeadershipAdaptive leadership and Principles of Adaptive Leadership
Adaptive leadership and Principles of Adaptive LeadershipNaheed Mir
 
5 styles of management
5 styles of management5 styles of management
5 styles of managementNaheed Mir
 
E commerce and its types
E commerce and its typesE commerce and its types
E commerce and its typesNaheed Mir
 
9 ways to improve self development
9 ways to improve self development9 ways to improve self development
9 ways to improve self developmentNaheed Mir
 
Self development and Examples of self development
Self development and Examples of self developmentSelf development and Examples of self development
Self development and Examples of self developmentNaheed Mir
 
Transformational leadership, its components and advantages and disadvantages
Transformational leadership, its components and advantages and disadvantagesTransformational leadership, its components and advantages and disadvantages
Transformational leadership, its components and advantages and disadvantagesNaheed Mir
 
Objectives of compensation management
Objectives of compensation managementObjectives of compensation management
Objectives of compensation managementNaheed Mir
 
Emotional intelligence and its importance
Emotional intelligence and its importanceEmotional intelligence and its importance
Emotional intelligence and its importanceNaheed Mir
 
Customer Perception and What are the Factors Influencing Customer Perception?
Customer Perception and What are the Factors Influencing Customer Perception?Customer Perception and What are the Factors Influencing Customer Perception?
Customer Perception and What are the Factors Influencing Customer Perception?Naheed Mir
 

More from Naheed Mir (20)

Collaboration skills and its types
Collaboration skills and its typesCollaboration skills and its types
Collaboration skills and its types
 
To 10 soft skills in customer services
To 10 soft skills in customer servicesTo 10 soft skills in customer services
To 10 soft skills in customer services
 
12 skills for Customer Care Service
12 skills for Customer Care Service 12 skills for Customer Care Service
12 skills for Customer Care Service
 
Brand equity and Keller’s Brand Equity Model
Brand equity and Keller’s Brand Equity ModelBrand equity and Keller’s Brand Equity Model
Brand equity and Keller’s Brand Equity Model
 
Market positioning
Market positioningMarket positioning
Market positioning
 
Evaluation plan and how to write it
Evaluation plan and how to write itEvaluation plan and how to write it
Evaluation plan and how to write it
 
Active management and Active Management Process
Active management and Active Management ProcessActive management and Active Management Process
Active management and Active Management Process
 
What is strategic management
What is strategic managementWhat is strategic management
What is strategic management
 
Types of Managers
Types  of  Managers Types  of  Managers
Types of Managers
 
Tips for effective time management
Tips for effective time managementTips for effective time management
Tips for effective time management
 
Elements of effective management skills
Elements of effective management skillsElements of effective management skills
Elements of effective management skills
 
Adaptive leadership and Principles of Adaptive Leadership
Adaptive leadership and Principles of Adaptive LeadershipAdaptive leadership and Principles of Adaptive Leadership
Adaptive leadership and Principles of Adaptive Leadership
 
5 styles of management
5 styles of management5 styles of management
5 styles of management
 
E commerce and its types
E commerce and its typesE commerce and its types
E commerce and its types
 
9 ways to improve self development
9 ways to improve self development9 ways to improve self development
9 ways to improve self development
 
Self development and Examples of self development
Self development and Examples of self developmentSelf development and Examples of self development
Self development and Examples of self development
 
Transformational leadership, its components and advantages and disadvantages
Transformational leadership, its components and advantages and disadvantagesTransformational leadership, its components and advantages and disadvantages
Transformational leadership, its components and advantages and disadvantages
 
Objectives of compensation management
Objectives of compensation managementObjectives of compensation management
Objectives of compensation management
 
Emotional intelligence and its importance
Emotional intelligence and its importanceEmotional intelligence and its importance
Emotional intelligence and its importance
 
Customer Perception and What are the Factors Influencing Customer Perception?
Customer Perception and What are the Factors Influencing Customer Perception?Customer Perception and What are the Factors Influencing Customer Perception?
Customer Perception and What are the Factors Influencing Customer Perception?
 

Recently uploaded

Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiFULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiMalviyaNagarCallGirl
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creationsnakalysalcedo61
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckHajeJanKamps
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCRsoniya singh
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 

Recently uploaded (20)

Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiFULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creations
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 

Strategic Human Resource Management- Issues and its Future

  • 2. WHAT IS STRATEGY? • A strategy is a step-by-step plan of action prepared by an organization and by which it aims to achieve its plan or plans, thus, ensuring its success and survival.
  • 3. WHAT IS STRATEGIC HUMAN RESOURCE MANAGEMENT? • This is the step-by-step plan of action by which an organization employs, utilizes or manages, develops, and deploys its human resources in order to attain its defined corporate mission and goal. • A human resource strategy is devised in respect of hiring, employee deployment and training, motivation and engagement, and employee retention
  • 4. • By going through this procedure a company or organization makes itself able to achieve their objectives by their human resources. This is an effective way of organizing workforce by adopting a specific strategy, where the performance of employees can increase the revenue of organization or can increase the profit margin. Strategic human resource management is “human resource management” carried out in a strategic way by making plan and using employee’s specialties and experience for the growth of the organization. The human resource activities are linked to the achievement of the organization’s overall
  • 5. ISSUES OF SHRM • The strategic human resource choices involved in low cost of production strategy include: • Train the employees in the area of time management, task handling and on the basis of their past experiences. Retrenchment of surplus employees caused due to superior speed Pay for performance Promotions based on efficiency High quality work environment at the production place.
  • 6. APPROACH TO SHRM The new way of managing people coming from the strategic human resource definition. Human resources with all the skills and strengths that may be needed to achieve HR goals. These goals are in line with the organization’s strategic goals.
  • 7. ROLE OF SHRM One of the most important thing is to evaluate how the big organizations are making their success by using the Strategic Human resource management.
  • 8. HR AS STRATEGIC PARTNER The hiring of the right staff for the organization by HR policies and using their workforce in the right way for the organizations core businesses. Participative culture where HR initiatives fully support the overall strategic plan. Effective use of information technology. Effective leadership through appointment of the right HR Head Identification of human resource practices that make HR as strategic partner, namely, serving the business needs of your organization. Identification of human resource practices that make HR as strategic partner, namely, serving the business needs of your organization.
  • 9. THE FUTURE OF SHRM As the world of business becomes more complex and challenging, strategic human resource management will continue to grow in importance in the success story of organizations. Proponents of HR strategic management have generated a great deal of interest in this. Some large organizations had used it. On the contrary, some lament the failure of many organizations to implement the system. Strategic personnel management will not disappear. This is the case as long as people continue to run organizations of any size and for any purpose. We are confident that people will continue to play important roles.