Strategic Human Resource Management in Organizations: Presentation

This presentation elucidates the critical role of strategic human resource management (SHRM) in contemporary organizations, emphasizing its necessity for achieving both medium and long-term business objectives. It highlights how SHRM facilitates the development of effective plans to address performance-related challenges, including employee motivation, retention, and performance appraisal. The presentation further underscores SHRM's contribution to identifying and fulfilling future human resource requirements, thereby enabling businesses to cultivate strategic capabilities through a talented, skilled, and motivated workforce. Furthermore, the presentation also discusses how businesses like Asda, Nike and Tesco achieve their short term and long term objectives with the help of human resources. It also explores the purpose of SHRM in aligning human resources with strategic goals, ensuring a continuous supply of skilled personnel, and providing a clear long-term business strategy. By recruiting, selecting, and retaining top talent, SHRM enhances overall organizational performance and fosters a strong interrelation between corporate strategy and human resource management. Desklib offers a variety of solved assignments and study tools for students.

Task 1
Individual Presentation

Introduction
In the current scenario, management of human resources has
become an essential aspect in an organization. This presentation
explains the need of strategic human resource management in a
business enterprise. Further, it also highlights the purpose of
managing employees within an organization. At last this
presentation depicts contribution made by human resource
management in assisting an organization to achieve its objectives.

(A) Need for strategic human resource
management
The need for strategic human resource management in medium term and long
term of business is mentioned below as:
 It helps a business enterprise in achievement of its middle and long term
objectives in a desired manner. In SHRM Effective plans are developed to deal
with challenges related to performance and overall effectiveness of an
organization.
 Strategic human resource management focuses on issues related to human
resources in an organization and also supports in overcoming the same. This
includes employee motivation, retention, performance appraisal etc.

Contd....
 Strategic HRM also indemnify and satisfy future requirement of human
resources within a particular business enterprise. On the basis of
identified future demand of workers, effective plans are developed and
implemented to meet those demands.
 It assists business in generating its strategic capabilities by ensuring
the fact that it posses talented, highly skilled, motivated and committed
workers which can results in getting competitive advantage.

(B) Purpose of a strategic human resource
management in an organization
Strategic human resource management (SHRM) can be defied as a process in which an
organization links its human resources with all its strategic goals and objectives for medium
and long term. One of the core purpose of SHRM is to make sure that business do not have
deficiency of skilled and talented personnel's in long run. In addition to this, it also supports
organizations by providing them with a clear vision and business strategy for long term. In the
present scenario, many companies are facing issues related to retention of their best
employees. Therefore, SHRM provide business with an opportunity to retain all its workers in
the best possible manner. The purpose of strategic human resource management is to recruit
and select best and most talented people which can contribute in success of a business
enterprise.

Contd....
Along with this, SHRM also help in enhancing overall performance of
organization in medium and long term. Therefore, it can be stated that
strategic human resource management plays a significant role in
accomplishment of a firm's medium and long term objectives and goals. It
can be also stated that there is an interrelation between corporate strategy
of a firm and its human resource management. Strategy is developed by
taking employee into considerations and workers are on the basis of those
strategies.

(c) Contribution made by human resource
management in assisting an organization to
achieve its objectives
Management of human resources has become one of the most
important and crucial aspects in a business enterprise. The
contribution made by human resources are mentioned below as:
Businesses like Asda which is one of the most renowned retailer of
UK achieves its short term and long term objectives with the help of
human resources. Effective management of these resources
resulted in selection of highly competent and skilled personnel's who
further contributes a lot in success of the organization.

Contd....
 In organization such as Nike, human resource management pays emphasis
on employee’s motivation. This results in enhancing overall performance
and morale of the workers who further helps in accomplishment of Nike's
objectives.
 With the help of effective human resource management businesses such as
Tesco provides training sessions to all its workers. It increases overall skills,
knowledge of workers and make them more capable in achieving Tesco's
objective in an cost effective manner.

References
Guest, D.E., 2011. Human resource management and performance: still searching for
some answers. Human Resource Management Journal. 21(1). pp.3-13.
Collins, C.J. and Smith, K.G., 2006. Knowledge exchange and combination: The role of
human resource practices in the performance of high-technology firms. Academy
of management journal. 49(3). pp.544-560.
Kotey, B. and Slade, P., 2005. Formal human resource management practices in small
growing firms*. Journal of small business management. 43(1). pp.16-40.
Beugelsdijk, S., 2008. Strategic human resource practices and product innovation.
Organization Studies. 29(6). pp.821-847
Online
Strategic Human Resource Management. 2016. [Online]. Available through: <http://s-h-
r-m.blogspot.in/2010/07/strategic-human-resource-management_24.html>.
[Accessed on 19th February 2016].

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