Strategic human resource management (SHRM) is the process of linking the human resource function with the strategic objectives of an organization to improve performance over the long term, typically more than one year. The aims of SHRM include developing strategic competencies, giving direction, achieving integration, and formulating business strategy. Benefits include identifying opportunities and threats, providing a clear vision and strategy, supplying competitive intelligence, recruiting and retaining talent, meeting customer expectations, ensuring high productivity, and ensuring business surplus.