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Strategic Human Resource Management and Its Impact on Organizations

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Added on  2019-09-18

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This study discusses the role of strategic human resource management in organizations, including its impact on business performance, flexibility, and culture. It also highlights the benefits of applying strategic human resource management effectively, such as improving employee performance, measuring human capital, and strategic workforce planning.
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Running Head: STRATEGIC MANAGEMENT1Strategic ManagementName of the Student:Name of the University:Course Number:
Strategic Human Resource Management and Its Impact on Organizations_1
STRATEGIC MANAGEMENT2Abstract The whole study will revolve around the strategic human resource and its impact on the organizations. It is one of the important human resource tools that are used by a lot of companiescurrently. The HR departments of a company use the strategic human resource for interacting with the other divisions of the company for understanding goals and accordingly creating necessary strategies that coordinate with their objectives as well as the organizations objective. Additionally, the strategic human resource is also considered one of the important elements in the success of an organization. Introduction Strategic human resource management is one of the most widely used tools that are used by different types of organization across the world. It is mainly the process of retaining, attracting, rewarding and developing the employees of a company. Discussion Strategic human resource management is one of the most vital components of an organization in the recent times. It is the tool that is used by the companies for achieving their long-term objectives/goals. Throwing light on the above-mentioned discussion it can be said that there are different types of models with regards to strategic human resources that are used by a lot of organizations (Jackson, Schuler and Jiang, 2014). Furthermore, strategic human resource management is the process by which the business performance, flexibility, and the culture of a firm are improved at an alarming rate. Moreover, the strategic human resource management has a positive impact on an organization if it is applied in an effective manner (Buller and McEvoy, 2012). It has been observed that a firm tends to apply strategic human resources principles when
Strategic Human Resource Management and Its Impact on Organizations_2

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