Strategic Human Resource Management

Definition and Components, Evolution of SHRM, Objectives of SHRM, Difference between SHRM & Traditional HRM, Link between HR Strategy and Business Strategy, The 5P Model of SHRM, Process of SHRM.
Approaches of SHRM- Best Fit Approach, The ‘HR Bundles’ Approach, The Best Practice Approach

A brief overview.
Environmental trends and HR challenges- Business Environment, Changing nature of work, Demographic, societal and workforce trends & changing nature of employment relationship, Multiple roles of the HR Manager in the 21st Century, HR Outsourcing- Benefits & Pitfalls.
Human Resource Strategy- Concept, characteristics of effective HR strategy, difference between SHRM & HR Strategies

Organizational Development Strategy, Cultural Management strategy, Knowledge Management strategy, Corporate social responsibility strategy.

Employee Resourcing strategy, Learning & Development strategy, Reward strategy, Talent Management strategy

Gaining Competitive advantage through HR, HR as strategic business partner, the strategic role of HR Directors, the strategic role of Heads of HR functions, the strategic role of HR Business partners, The VRIO Framework,
Competency Mapping (conceptual knowledge).