Concept Of Strategic Human Resource Management - 1552 Words

Introduction Human Resource Management (HRM) has effectively been an integral part of organizations’ since the end of the 19th century. There has been continuous shift in name change, focus and responsibilities of HRM, with the role progressively evolving since the days of the industrial revolution, reflected in the change of terms from Welfare Officers, Personnel Management, Human Resource Management (HRM) and most recently Strategic Human Resource Management (SHRM). Many academics have written different viewpoints and articles on the concept of Strategic Human Resource Management (SHRM). This research will predominantly review the underpinning concept of SHRM: the resource based view (RBV); the universalistic and contingency†¦show more content†¦The term Strategic HRM as a broadly used term, was coined in the early 1980’s, as discussed in one of the earliest research papers on the subject (Tichy, Fombrun and Devanna 1982). SHRM is generally concerned with systematically linking people with the organisation and more specifically, about the integration of HRM strategies into corporate strategies. This theory is backed up more recently by Martin-Alcazar et al . (2005), SHRM is ‘the integrated set of practices, policies and strategies through which organisations manage their human capital, that influences and is influenced by the business strategy, the organisational context and the socio-economic context’. It is reasoned that a clear strategy and an effective workforce to carry out that strategy, is fundamental to the long term profitability of an organisation, this precipitated changes in the nature of the HR function from being reactive, prescriptive and administrative to being proactive, descriptive and executive (Boxall, 1994; Legge, 1995). Resource Based View (RBV) The philosophy of SHRM is underpinned by the Resource Based View (RBV), the implication is that it is the range of resources in an organization, including its human resources, that produces its unique character and creates competitive advantage. HRM delivers addedShow MoreRelatedConcept of Strategic Human Resource Management (SHRM)1969 Words   |  8 Pagesï » ¿Contents TOC o 1-3 h z u HYPERLINK l _Toc324275713 Introduction PAGEREF _Toc324275713 h 1 HYPERLINK l _Toc324275714 What is Strategic Human Resource Management (SHRM)? PAGEREF _Toc324275714 h 1 HYPERLINK l _Toc324275715 The simple structure PAGEREF _Toc324275715 h 2 HYPERLINK l _Toc324275716 Machine Bureaucracy PAGEREF _Toc324275716 h 4 HYPERLINK l _Toc324275717 Professional Bureaucracy PAGEREF _Toc324275717 h 5 HYPERLINK l _Toc324275718 The divisionalized form PAGEREFRead MoreHuman Resource Theories and Concepts1609 Words   |  7 Pagesusing Human resources models, concepts and assumptions, how and why people are of value to organisations and how and why it is assumed that HRM/SHRM can contribute to company success through valuing and managing its employees. According to Legge (2009 pg77), human resource management is defined as the strategic and approach to the management of an organizations most valued assets which is the people or the staff members. There is a traditional definition or way of human resource management andRead MoreDesign and Implementation of Sets of Strategic Human Resource Management Practices 1694 Words   |  7 PagesThe design and implementation of sets of strategic human resource practices continues to lack coherence and consistency, primarily because the concept of fit is still so little understood. Strategic human resource management refers to managing people in organizations proactively, such that it helps a business gain competitive edge. It is directed by the organizational strategy, as opposed to human resource management which aims to on better management of people only. SHRM is gaining widespreadRead MoreHuman Resource Theories and Concepts1594 Words   |  7 Pagesusing Human resources models, concepts and assumptions, how and why people are of value to organisations and how and why it is assumed that HRM/SHRM can contribute to company success through valuing and managing its employees. According to Legge (2009 pg77), human resource management is defined as the strategic and approach to the management of an organizations most valued assets which is the people or the staff members. There is a traditional definition or way of human resource management and aRead MoreHuman Resource Management : An Effective Management Of Individual1351 Words   |  6 PagesHuman resource management provides way through which people can be managed within the organization. It is being considered as one of the most important function for any company (Bernardin and et. al., 2011). This is because, it is with the help of the given concept only an effective management of individual can be carried out within enterprise. In addition to this, given department has the basic function of carrying out the recruitment, selection and training and development of the employees. ForRead MoreThe Strategic Goals Of An Organization1602 Words   |  7 Pagesthe workforce as well as attempt to modify and r eorganise cultural behaviours which can lead to organisational success. The behaviour, attitude and skills of employees must fit the strategic requirements of a company for it to develop a competitive advantage. However, maintaining a focus specifically on the strategic goals of an organisation has been criticised through some studies which suggest this may be detrimental to employees (Van Buren, Greenwood Sheehan 2011) In recent years there has beenRead MoreHaier Ceo1046 Words   |  5 Pages    three    stages    of    development    to    today.    First,    1984- ­Ã¢â‚¬ 1991    brand    established    stage.    Based    on    quality,    through    technology    development    and    Meticulous    management    establish    a    brand.    Second,    1992- ­Ã¢â‚¬ 1998    Mergers    and    expansion    strategy    stage    through    low- ­Ã¢â‚¬ cost.    The    brand    of    large- ­Ã¢â‚¬ scale    extension    stage.    Group s Read MoreThe Objectives Of Strategic Management Essay1055 Words   |  5 Pagesgoal or series of goals within an organizational framework. Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively (Rumelt, 2011). Since organizations can be viewed as systems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. According to David (2011), strategic management can be defined as the art and science of formulating, implementingRead MoreThe Relationship Between Hrm Practices And Employees Performance From An Islamic Perspective Essay1395 Words   |  6 Pagesstrive providing customers with products and services they need with best quality; In order to compete in such a competitive, dynamic and always changing environment, organizations has to invest more on their human resources and equip them with needed knowledge and skills. To invest on human resources and improve performance, organizations have considered religion and culture as major shapers for employees’ performance at work place. HRM can be defined as the function within an organization that is responsibleRead MoreHuman Resource Management And Organizational Goals1587 Words   |  7 Pagesthe best-intentioned human resource processes attempting to align human resource practices with organisational goals have become mismatched. Due to external factors such as globalization, advances in technology and changing views regarding the importance of human resources as a competitive advantage for organisations, the nature of work has been redefined (Horwitz, Heng, Quazi, 2003). This has caused human resource management to become more than just a function, but a strategic partner within corporations