Strategic Human Resource Management
Learning Objective 2
Define strategic human resource management, and give an example of strategic human resource management in practice.
We’ve seen that once a business decides how it will compete, it turns to formulating functional (departmental) strategies to support its competitive aims. One of those departments is human resource management, and its functional strategies are human resource management strategies.
What Is Strategic Human Resource Management?
Every company needs its human resource management policies and practices to make sense in terms of its broad strategic aims. For example, a high-end hotel like the Shanghai Portman will have different employee selection, training, and pay policies than ...
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