THE STRATAGIC NATURE OF

HRM
ALLAH DITTA 1310
INTRODUCTION

• HRM is the critical function in any organization and its strategic nature has
become increasingly important as business face, new challenges and
opportunities.
• Strategic HRM
• It is referred to alignment of human resources stratagies with organizational
goals and objectives
• It is protective approach to managing human resources
• It is crucial for several reasons
1. It help organization to achieve their business objectives
2. It can improve the employee engagements, job satisfaction, and
productivity
3. It helps to attract and retain talent
4. It help organization to manage risk, comply with regulatory requirements.
COMPONENTS OF STRATEGIC HRM

• Strategic HRM includes several components

1. Talent acquisition
It is process of hiring the right person for right job
It involves identifying the required skill, competencies, job description,
sourcing candidates and selecting best person for job.
2. Talent management
It involve the developing and retaining the right talent in organization
It includes several activities such as career development, performance
management and employee engagement.
3. Performance management
It Is refereed to process of seating goals providing feedback, evaluating
employees.
It helps in identifying areas of improvement and developing actions plans to
improve employee performance
4. Training and development
• It helps in developing skills and competencies of employee which improve
their performance and contribute to achieving goals
• 5. Succession on planning
• It is process of identifying and developing future leaders within
organization
• It helps in ensuring that organization has a stronger pipeline of talent to fill
role in future
HOW STRATEGIC HRM CAN BE
IMPLEMENTED

• Develop a clear understanding of business of company

• Identify the HR policies and practices that support these objectives
• Develop the HR policies and practices that align with company’s goal
• Communicate the policies to all employee
CONCLUSION

• In conclusion HRM is crucial for any organization

• Implanting strategic HRM requires clear understanding of goal of company
and objectives