Question

with relevant examples, account for the myriad of definitions of strategic human resource

Answer 1

Strategic human resource is an effective way where human resource managers hire and train employees according to their organizational strategy in order to improve performance of their business. For example- human resource managers of IKEA have planned to hire only Chinese staffs for their stores in China which is their strategic goal to grab the local market.

Strategic human resourcedevelops a steady organizational culture that fosters innovativeness, flexibility, and competitive advantage to the organization. It encourages employees to work in a culture that helps achieving both individual goal, and organizational goal. For example- human resource managers of Walmart motivate their employees to insure a greater chance of organizational success.

Steps to strategic human resource management are as follows:

• Developing understanding of organizational objectives

• Evaluating human resource capability

• Analyzing the current HR capacity to achieve goals

• Estimating future HR requirements

• Determining required tools for successful completion of jobs

• Implementing human resource strategies

• Evaluating all HR corrective actions