The document discusses HRM strategy and its relationship to corporate strategy. It defines HRM strategy as the pattern of planned HR deployments and activities intended to provide a competitive advantage through people. The key points are: 1. HR strategy is aligned with and supports the overall corporate strategy, which is determined through strategic formulation including vision, mission, goals, and analysis of internal/external environments. 2. Strategic formulation follows steps like determining the organization's vision including core ideology and goals, conducting a SWOT analysis, and setting the mission, goals, and objectives. 3. HR enables the implementation of strategy through functions like job design, recruitment, training, and performance management. 4. Culture,