Chapter 3

Strategic Human Resource Management: Concept and Process

Competitive Human Resources Strategies

Today’s business growth strategies provide a window of opportunity to shape a more meaningful HR agenda, and a practical but thoughtful approach for tying the HR strategy to the growth plans of the company should be pursued jointly by corporate HR teams and their divisional counterparts, with the close involvement of line leaders. A 4-step process for creating a strategic HR agenda is outlined, and the experiences of various companies are compared.

Innovations in business strategy, especially in the race to find new sources of growth, have created new pressures to refocus human resources work, roles and priorities. In smaller, entrepreneurial ...

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