Strategic Human Resource Management Guide 2023

Strategic Human Resource Management (SHRM) is a critical but often overlooked element of the way that companies organise themselves and their employees. It is a way to ensure that the organisation's human resources are used to support its business goals. Imagine SHRM as an instrument that connects HR and the company's objectives. With SHRM, businesses can better align and manage employee performance and development and develop policies and programs that align with the company's overall strategy. What is Strategic Human Resources? The goal of SHRM is to develop strategies and plans that match the company's overall business strategy. The primary distinction between strategic human resources and human resources is that the latter is focused on the day-to-day management and operations of employees. While strategic human resources concentrate on the ways employees can help achieve the company's overall objectives. This implies the SHRM must first be aware of the company...