Strategic Human Resource Management Case Study - 1167 Words

Strategic Human Resource Management In today’s business world, the most powerful asset to a company and what deserves the most attention are their employees. Businesses strive for a high profitable environment by sustaining a competitive edge in the market that they operate. There are a lot of factors that drive a businesses’ success level, but the employees are by far the most vital resource to a company’s well being. Research has shown that productivity and overall performance are related to the employee’s job satisfaction. The human resource management department of a company focuses on the needs of their employees while promoting their overall goals. It is important to retain good employees, and provide the necessary training to get†¦show more content†¦Ã¢â‚¬Å"Strategic planning is a process that results in a strategic plan – the organization’s long-term objective. Strategic plans have a strong external orientation because they deal with the long-term survival, val ue, and growth of the organization† (Fratricova 150). Companies who are successful, have strategically chosen their employees that fit their company, and will help promote growth. In order to sustain competitive advantage in the business world, as a company, thinking ahead is an important process of sustaining this advantage. SHRM helps layout a selective hiring environment strategy necessary in order to achieve its position within an organization. â€Å"Because we are in the business area, strategy is the way in which the organization will survive in its competitive environment. It is the organization’s sustainability planâ€Å" (Fratrivoca 150). Supporting optimal employee performance is another job of strategic human resource management, and an advantage for any business that has SHRM. Promoting employee performance is necessary in order to continue to grow as a company. One thing company’s must do in order to be successful is evaluate the performance of the ir employees and the contribution they have made to the company. SHRM help companies strategically support and encourage their employees, especially when they contribute to the