Questions On Strategic Human Resource Management

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ASSIGNMENT Of STRATEGIC HUMAN RESOURCE MANAGEMENT BUS 721 Submitted to- Submitted from- Rana Salehi Tarun Duhan CIB00002G7 Assignment of Corporate Strategy and Planning. 1. A. 3 major differences between HRM and SHRM are 1. Focus- HRM- Focuses is on the need of the employees working for the company. SHRM- Focuses is on the needs of internal and external employees. Example- In tarmac, HR manager is concerned about the well-being of employee, but SHR manager is concerned about the well-being of internal and external employees. 2. Accountability- HRM- Manager has cost as the center. SHRM- Manager has investment as the center of his work. Example- In Tarmac, HR manager is concerned about the Cost of the product or service, but in SHR manager is concerned about the investment required for the product or service. 3. Initiatives- HRM- The work of manager is slow and reactive. SHRM- The works speed of manager is fast and is a proactive type. Example- In tarmac, HR manager has a slow work speed, but SHR manager works in a high speed environment. 1. B. 4 roles of SHRM in Tarmac are Role 1- Strategic Partner- It is a dual role for the HR manager in Tarmac, he occupies himself in the designing and recruiting human resource for the company. He is also determined about the success of the steps taken by him for the benefit of the company. He has to keep a close check on the progress of his strategies and the decisions made by him. He has the ability to question his self-decision many times and think over the decisions over and over in his mind. Example- any change decided by Tarmac has to be run through HR manager as he is the person who decides about how th... ... middle of paper ... ...s. Example- HR manager in tarmac is also responsible for the profits and investment made from and to the human resource. And also what benefits did the company receive if they adopted a new HR Strategy. Implementing new strategies- 1. Loss to the company is a crucial stage for the business. HRM is also an important part of finding about what went wrong with the company. He needs to develop new strategy and implement it among the employee. 2. To increase productivity and sales the HRM need to provide training and seminars for the new technologies and to make the employee aware about the ongoing trend in the market. Example- Due to diverse nature in the work place there can be some mi-understanding within the company and this can lead to catastrophic environment. So it is necessary for the employee to keep regular tabs with the HR manager for the correct information.

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