Strategic Human Resource  Management

The area of strategic human resource

management said earlier that personnel

was an area within a company a

department if you like a group of people

looking to employ the best employees for

the organization then moved on to

being more considerate of the needs of

not only the company but the needs of

the people working within the

an organization that began in the 1980s it

can it occurred in the Western world

Europe and the United States and has

developed further across the world in

companies in other countries but what

has happened more recently is to move

towards a strategic approach a strategic

the approach involves a direction for the

company and it involves consideration of

where the company is planning to go its

development over a period of time it

involves all the section a sin

harmoniously to achieve the

organizational scores I'll go through

the sequence with you or this area we

need to consider the first three elements

one is the organizational structure 2 is

the human resource management of the

organization and the third must be the

consideration of the human resource

objectives so it does involve the need

to plan, there's a famous saying and that

saying is if you fail to plan you should

plan to fail that was by a man called

Abraham Lincoln that statement still is

evident today in business when we

consider planning we're considering

forward planning looking ahead

that involves a number of considerations

the first of those is the vision and

values of the organization the second of

those in the mission and strategy of the

company and the third them being the

the setting of the objectives what are going

to be the objectives of the organization

when planning for the future these

objectives in the modern age must be

referred to as smart objectives by

smart clever intelligent people running

a business so what a smart mean smart is

an acronym the S means a consideration

of the approach regarding the fact that

it needs to be clever ok smart we're

talking about specific measurable

achievable realistic and timed all

objectives need to be those five

elements so to consider that we need

them to consider the core business

objectives of the company those core

business objectives of the companies

making products will be objectives to do

with production purchasing marketing

sales and then IT in modern age together

with human resource objectives what we

are saying is objectives need to be set

for all of those areas of the business

then they are brought together and

coordinated into the company's corporate

objectives this means the company is

working in harmony all areas of the

business all departments of the business

are working together planning for the

the potential future success of that

organization to have a strategy means to

have guidance with relation to in

vestment decisions a company that is in

the commercial area exists to make

profit what is the company going to do

with that profit to be successful in the

future it needs to reinvest some of that

profit back into the business so what

should it do next year for example

should it extend the factory should he

buy more land should it buy more

machinery to fit into the factory or

perhaps should it employ more people

those people could be working within the

factory those people could be in the

office area of the company those people

could be salespeople who are out and

about from the company visiting clients

and potential clients where should the

company spend its money so the financial

the decision the investment decision is

vital towards the future of the business

And clearly from what I said earlier

The importance of human resources in a

Business does mean that the company

Should be planning.