Volume : I, Issue : II, October - 2012
Strategic Human Resource Management for Competitive Advantag
M. Vijayalakshmi, Dr. P. Natarajan
Abstract :
The framework presented here challenges the business executives to manage human resources strategically as an integral part of the strategic planning process. Business executives should consciously formulate human resource strategies and practices that are linked to and reinforce the oader strategic posture of the organization. The HR function must go beyond delivering services, maintaining records, and auditing. It needs to spend time being a member of the management team, doing strategic HR planning and making contributions to organizational design, strategy development, and strategic change. This article provides a framework for (1) determining the significance of strategic HR management (2) identifying and implementing essential human resource management actions, and (3) challenges and requisites for strategic management (4) usage of the innovative performance measurement metric – the Balanced Scorecard in strategic management and eventually a conclusion is drawn.
Keywords :
BSC (Balanced Scorecard) SHRM (Strategic Human Resource Management) HIWP (High Involvement Work Processes) ICT (Information Communication Technology) ABC (Activity Based Costing).
Article:
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DOI : 10.36106/ijar
Cite This Article:
M. Vijayalakshmi, Dr. P. Natarajan Strategic Human Resource Management for
Competitive Advantag Indian Journal of Applied Research, Vol.II, Issue.I October 2012
Number of Downloads : 314
M. Vijayalakshmi, Dr. P. Natarajan Strategic Human Resource Management for Competitive Advantag Indian Journal of Applied Research, Vol.II, Issue.I October 2012
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