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Strategic HRM Assignment Help
About Strategic HRM
Strategic HRM stands for Strategic Human Resource Management. It defines the intentions and plans of the organization on how to achieve the business goals. The process basically includes the following three aspects:
1. Human capital as the major competitive advantage
2. People who implement the strategic plans
3. Systematic approach towards reaching the goals
The strategic HRM process involves the approaches that can be used for developing the HR strategies. There are a number of issues related to organization that are addressed using strategic HRM viz. changing the structure of organization, improving the effectiveness and performance of the organization and others. There are 5 approaches to strategic HRM:
1. Resource based strategy
2. Achieving strategic fit
3. High performance management
4. High commitment management …show more content…
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