Question

Summarize and organize information about the strategic management of human resources

Summarize and organize information about the strategic management of human resources

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Answer #1

Summarize and organize information about the strategic management of human resources

  • Proactive management of the employees of a company or organization.
  • Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and working with employees in a collaborative manner to boost retention
  • The approach focuses on longer-term people issues, matching resources to future needs
  • Strategic planning is the formal process that takes place, usually in larger organisations, defining how things will be done.
  • Strategicmanagement of human resources caninclude a number of individual HR strategies, for example:
    • to deliver fair and equitable reward
    • to improve employee performance
    • to streamline organisational structure
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