This document explores the key trends and factors influencing HR strategy, and discusses the application of relevant theories and concepts in strategic HRM. It analyzes the influences of external and contextual developments on HR strategy, and examines the impact of both external and internal factors on HR strategy and practices. The document also explores the importance of performance management and change management models in supporting HR strategy, and explains how HR outcomes can be monitored and measured. Additionally, it discusses how effective HR management and development can support sustainable performance and growth.