Analyzing Contemporary Issues in Strategic Human Resource Management

This essay provides an overview of human resource management (HRM) and strategic human resource management (SHRM), highlighting the importance of employees in today's competitive market. It identifies key functions of HRM, including planning, organizing, directing, staffing, and controlling, and emphasizes that employees are valuable assets contributing to business growth. The essay then delves into contemporary issues affecting SHRM, such as employee cost assessment, generational gaps, technological development, and international HRM. It analyzes the impact of these issues, including cost enhancement, misrepresentation of profit, employee need assessment, training challenges, cultural shock, and global operational management difficulties. Finally, the essay proposes possible solutions, such as integrating business and staff objectives, implementing employee valuation processes, offering cross-cultural training programs, providing career development opportunities, enhancing communication efficiency, promoting cultural diversity, ensuring effective recruitment and selection, and ensuring strategic fit within the organization.

HUMAN RESOURCE MANAGEMENT
ACTIVITY 2

HUMAN RESOURCE MANAGEMNT
Human resource management is the process of planning,
assessing and managing functions related to employees
working in the business. Employees has developed high
relevance in the current competitive market of this
conceptual era. The major functions of HRM includes:
 Planning
 Organizing
 Directing
 Staffing
 Controlling

Strategic Human Resource Management
Strategic human resource management is the process of
developing a concept of achieving business goals by designing
the cognitive process satisfying employees needs and
demands.
It is the concept which abides to the following principles:
 Employees are assets for the business
 Skilled employees contributes highly in business growth
 Strategic planning demands high involvement of people

Contemporary issues affecting SHRM
The current major issues affecting strategic human resource
management are:
 Employee cost assessment: Analysing cost and valuation of
employees for business is still a challenging aspect
 Generational gap: The generation gap nbetween 20 years
employees is wide and effective. The needs and demands of
two generation is significantly different
 Technological development: Technology is the integrals part
of the business and training employees for updated
technology is a challenge
 International HRM: Managing HRM is different countries
and regions is a challenging task for the business as
employees often face cultural shock in new areas.

Impact of Stated issues
Employee cost assessment
 Cost enhancement
 Misrepresentation of profit
 Low growth aspects
Generational gap
 Employee need assessment
 Analysing training measures
 Developing motivational strategies

Conti...
Technological development
 Equipping employees with updated technology
 Analysing training issues
 High cost
 Resistance to change
 Job insecurity for elder employees
International HRM
 Management of large data
 Cultural shock
 Global operational management

Possible solutions
 Integrating business and staff objectives
 Employee valuation process
 Cross cultural training programs
 Career development opportunities
 Communication efficiency
 Cultural diversity
 Effective recruitment and selection
 Ensuring strategic fit

REFERENCES
Han, Y. and et.al., 2013. China's civil service adopts e-HRM … up to a point: Most offices blend paper-
based and electronic systems. Human Resource Management International Digest. 21(4). pp. 33–34.
Hendry, C., 2012. Human Resource Management. Routledge.Chiva, R., 2014. THE COMMON
WELFARE HUMAN RESOURCE MANAGEMENT SYSTEM: A NEW PROPOSAL BASED ON
HIGH CONSCIOUSNESS. Personnel Review. 43(6).
Hernandez, S. R., 2009. Strategic Human Resources Management in Health Services Organizations. 3rd
ed. Cengage Learning.
Jackson, J. H., and Malthis, R. L., 2010. Human Resource Management. 2nd ed. Cengage Learning.