"People are our most precious resource" is one of the most common clichés of today's businesses. Still, it's probably the closest you can get the truth. Human resource management (HRM) has become an integral part of the business, because its mission is to achieve the objectives of the organization through the right amount of people on the right skills.
It must be as challenging as it is sensitive. Man can not do with the machines and the human resource management is to adopt a multidisciplinary approach to each employee. Therefore, human resource professionals generally require extensive training in various disciplines, and as part of their training, are often forced to participate in courses in economics, psychology courses, courses in sociology, law and administration courses.
Understanding HRM Strategy
Human resource management strategy depends largely on the organization's objectives. What is the function of human resources, they need to respond and develop in accordance with the overall business strategy. In general, the strategy of human resource management consists of the following factors:
- Best practices and best - also known as contingency planning approach and a high commitment approach. In practice, these approaches means that the strategy of human resource management and strategy in parallel in perfect harmony. For example, if a company tries to increase sales by 5% next year, the HR department for the management of human resources in a way that, in order to achieve 5% growth in net sales.
- Cooperation between human resources and leadership in the development of overall business strategy, as the achievement of the objectives of the organization is primarily concerned with the management of human resources.
- Regular monitoring of the strategy through feedback from employees or investigations.
Stages of development of human resources management strategy
1. Understand your business - to define what drives your business (technology, market competition) and how this relates to your staff. Think about how your employees contribute to business performance.
2. Doing a SWOT and COPS (cultural, organizational, people, the HR system), analysis of individuals and the organization - to find the strengths and weaknesses of employees will help to improve the management of human resources. He knows how to move efficiently, and assign tasks to the right people.
3. Compare your company's strategy and the results of the SWOT analysis of COPS. Identify potential conflicting things, and think about all possible options to make them work. Try to be creative and not the obvious choice.
4. When your business and strategies of human resource management are a whole can begin to implement and work towards achieving organizational objectives.
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