Paper has been designed such that it acquaints the students with the basic understanding about human resource strategic processes in the organization.
Meaning of Strategic HRM, Process, Aims, Approaches, The 5P Model of SHRM, Criteria for Sustainable Competitive Advantage and Limitations of SHRM,
Corporate level strategy, Business level strategy, Functional level strategy, Characteristics of HR strategy, Process of strategic formulation, Formulation of HR strategy, Human Resource Environment.
Aspects and Issues in Strategy Implementation, Roles in Strategic HRM – Role of Top management, Role of HR Director, HR Specialist and Role of Front-line management.
Organization HR strategies – Strategies for Organizational Development, Cultural Management strategies, Change Management strategies.
Functional HR strategies – Resourcing strategy, Learning & Development strategy, Reward strategy, Employee Relations strategy and Performance Management strategy.