INTRODUCTION
This concept is focused more as a source of competitive advantage on a HR practices system than an individual practice. Human Resource is considered as a one fundamental in the vast field of Strategic Management. Even both are focused more on performance; Traditional HR concentrates on single performances while Strategic Human resource depends on business and strategic level results (Becker and Huselid, 2010).
Source : inkstonemanagement.com |
This concept is focused more as a source of competitive advantage on a HR practices system than an individual practice. Human Resource is considered as a one fundamental in the vast field of Strategic Management. Even both are focused more on performance; Traditional HR concentrates on single performances while Strategic Human resource depends on business and strategic level results (Becker and Huselid, 2010).
However Reilly (2012)
argues that Strategic HR means an attachment of the interest of the
organization which corrupts HR Concept which defined not well and it’s an
illusion which confuses the business leaders. For HR Professionals it’s on
achieving more than basics do build future organizational capacity and provides
solutions for the people related business problems.
There are three
perspectives of HRM.
1 The universalistic perspective – There is an international bond between individual best practices
and organizational performance. In order to achieve the set targets companies
must follow these practices.
2 The contingency perspective – An institutions HR policy must match with other fundamentals to be
effective. The initiative component is the strategy of the organization.
3 The configurational perspective –This shows the value of HR practices and
indicates the flow of dependent and independent variables of the organizational
performance.
(Source : Armstrong and
Taylor 2014)
Theory on Black Box
Theory on Black Box
Earlier
Huselid and Bekker (2010) identified Organizations which concentrates more on high
performance as a black box. They examined the inputs which are system based
with high performance on Human resources. Finally after analyzing output they
concluded on the bond between input and output. The results were good with the
high performance based organizations. However they didn’t analyze on what’s inside
the black box. According to walsh et al(2010) Employees are different in their own
way which cannot be considered in to one box. Different style needs a different
practice.
Performance Management is also one concept in Strategic Human Resource Management. SHRM is vast field which used on majority of business environments to get the cream out of their sources.
APPROACHES OF SHRM
- Efforts on combining HRM with efficiency on performance tools
- Efforts on combining HRM with benefits or surplus of the business environment.
Current Advantages of HR Strategic Planning
- Aims employees who are devoted on the goals of the institution
- Identify the major issues on time and solve them
- Directing others positively to achieve the said targets
- Training and developments are based on strategic schemes.
- Keep the employees effective and move them to the organizational success.
(Source : Armstrong and
Taylor 2014)
Conclusion
Conclusion
References :
Armstrong, M,Taylor,S 2014,
Armstrong’s Handbook Of Human Resource Management Practice,Kogan Page Limited,
United Kingdom.
Becker, BE, Huselid, MA, SHRM and
Job Design: Narrowing The Divide, Journal Of Organizational Behavior, 31, 379–388
Available From: Https://Www.Interscience.Wiley.Com[Accessed on :13.12.2018]
Walsh, K, Sturman, MC, Longstreet, J, Key issues in Strategic Human Resources,
Walsh, K, Sturman, MC, Longstreet, J, Key issues in Strategic Human Resources,
Cornell University, School of
Hospitality Administration site:http://scholarship.sha.cornell.edu/articles/237( Accessed on : 05.01.2019)
Very informative blog.
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