This document defines strategic human resource management and its key components and objectives. SHRM involves aligning human resource practices with business strategy to ensure a skilled workforce that provides a competitive advantage. The four components of SHRM are viewing employees as a source of competitive advantage, implementing HR programs and policies, aligning HR and business strategies, and achieving organizational goals. SHRM aims to meet both business and employee needs through its functions like staffing, training, motivation, and maintenance of employees.