Human Resource Management As A Strategic Partner - 1705 Words

Human Resource Management as a Strategic Partner Generally, when one thinks of the role of Human Resources, many people will think first of the role that HR plays in important functions such as staffing, training, retention, and the development of workplace policies. While these are all important functions for Human Resource Management, the evolution of HRM is such that it is important to think of these functions in terms of the impact they have on the overall strategic vision for the company. Key HRM functions can be split up into two different categories. These include those functions that relate directly to the employee such as staffing, retention, training and development, but also those functions that relate more to company policies and government regulations. Examples include compensation and benefits strategies, the development of basic workplace policies, and adherence to regulations that are enforced by government. Each of these functions play important roles in the implementation of an overall strategic vision for the com pany, and ensuring that HRM understands the role that it plays is important for making sure that HRM policies are in line with the company s long-term strategy. One excellent example of the way in which the role of Human Resources plays out in the context of a long-term strategy is that of Walmart s HR practices and the way they fit into the overall business strategy of the organization. With that said, in order to understand the HRM ofShow MoreRelatedHuman Resource Management : A Strategic Partner At All Times1386 Words   |  6 Pagescritical for human resources management to be a strategic partner at all times in the business environment. The leaders of management are required to make sound and competent decisions that will have a positive impact on their organization. Some reasons why human resource departments choose to be strategic may be partly due to profit, perceptions, funding resources and the overall values of the company. First, â€Å"the concept of profitability is t he primary driving force behind strategic management† (MayhewRead MoreA STUDY ON STRATEGIC ROLE OF HUMAN RESOURCE MANAGEMENT Essay1679 Words   |  7 Pagesï » ¿PREFACE Strategic management is the management of change involving the system of corporate values, the corporate culture, and all managerial process of change, such as leadership, planning, control, and human resources management. The strategic management process represents a logical, systematic, and objective approach for determining an enterprises future direction. 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Bredin (2008) notes a shift from traditional to strategic Human Resources Management and the implications for the organisation. Ulrich (1997) suggested how Human Resource Management and the role of a Human Resources Business Partner can contribute to an organisation’s competitive advantage. The objective of this literatureRead MoreLegal Issues In The Workplace Essay1375 Words   |  6 PagesCase for Human Resources as a Strategic Partner In an era of organizational flux due to competition and globalization, companies and employees are faced with constant change. Leaders must be able to adapt to change as the environment shifts. HR has been known as the organizational change agent, administrative expert, and employee advocate. More recently they have been regarded as business strategic partners for many organizations. In order to be successful and remain competitive in today’s marketRead MoreThe Relationship Between Hrm and Organisational Strategic Direction1494 Words   |  6 PagesHUMAN RESOURCES IN ORGANISATIONS – hrmt 11011 | The relationship between HRM and organisational strategic direction. | Assessment Item 1 - Essay | | Tracey Lee – s0048653 | 8/4/2012 | This essay discusses the role that HRM plays in the strategic direction of an organisation. | What role does HRM play within the strategic direction of an organisation? Within this essay it will be discussed how the effective management of human resources positively impacts the performance and success