Friday, October 4, 2019
Strategic HRM Essay Example | Topics and Well Written Essays - 2500 words - 1
Strategic HRM - Essay Example een the purpose of human resources to the strategic objectives in an organization aiming to improve and sustain the organizationââ¬â¢s performance (Gratton et al 1999, p. 28). Strategic human resource management works on an ideology that management of human resource of an organization depends on the organization developing a unique culture of its own, distinct from other cultures present in the industry under its jurisdiction. To this essence, it requires an organization to develop consistent policies and programs or strategies aligned well for the achievement of its strategic objectives. The chief aim of every organization is to position itself as the best among other firms ââ¬â building a competitive advantage. Among the several perspectives of building a competitive advantage in business environment, resource-based view of human resource management looks promising to many organizations perhaps due to its centralization on the internal strength of the organization (Radcliffe, 2005, p. 51). The objective of this essay is to evaluate how the adoption of resource-based view (RBV) model of strategic management can lead to achievement of competitive advantage of a business and the shortcomings of this model to a business organization. To improve an organizationââ¬â¢s performance strategic human resource management (SHRM) acts as a supervision practice that connects the organizational role of human resource to the managerial predetermined objectives. The improved performance of an organization will bring its competitive advantage in the line of business operation. There are different perspectives of strategic human resource management (Radcliffe, 2005, p. 52). . For example, universalistic perspective, contingency perspective and the resource based perspective. All of these perspectives describe how merging the strategic objectives of a business to the administrative functions can lead to organizations competitive advantage. The proponents of universalistic
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