Chapter 1
Introduction to Strategic Human Resource Management
Introduction
The origin of the concept of Strategic Human Resource Management (SHRM) can be traced back to the military system – to the Greek word “strategos,” which means a general who organizes, leads and directs his forces to the most advantageous position. In the world of business, it mainly denotes how top management leads the organization in a particular direction in order to achieve its specific goals, objectives, vision and overall purpose in the society in a given context/environment. The main emphasis of strategy is thus to enable an organization to achieve a competitive advantage with its unique capabilities by focusing on the present and future directions of the organization. ...