Research Proposal: Strategic Hrm
“Perspectives on Human resource strategy: A key role contributing to organization performance in Cambodian Context”
By Chit Uys Stevexo
July 21, 2011
The strategic management of an organization 's human resource has been recognized as one of the keys to business success. This particular strategy generally involved the optimization of the employees ' potentials mainly through training and performance assessment. This organizational strategy has been integrated in several businesses mainly to improve profitability, establish stronger customer relations as well as achieve considerable business expansion. Strategic human resource management has indeed been applied to fulfill various important business goals and plans. Both national and international companies have been developing and applying various means on how to strategically manage one of their essential assets.
Cambodia is a developing country in ASEAN. Many efforts have been tried to integrate this country into global market, such as government policies to become member of ASEANA and its Free Trade Area and to become member of World Trade Organization. Local companies have been able to expand successfully in different sectors through their dedication to quality production as well as effective management and marketing practices. In order to progress further, companies still aim to continue on producing quality brands and products, meeting the needs of its shareholders and operating towards optimum performance. Cambodian companies realize that their achievement to operate both local and global is attributable to its workforce. Thus, those companies have been employing different strategies in order to strategically improve its human resources towards continuous local and global success.
Companies are increasingly facing tough competition as most countries becoming member of economic integration, such as World Trade Organization, ASEAN Free Trade Area, American Free Trade Area, and the European
By Chit Uys Stevexo
July 21, 2011
The strategic management of an organization 's human resource has been recognized as one of the keys to business success. This particular strategy generally involved the optimization of the employees ' potentials mainly through training and performance assessment. This organizational strategy has been integrated in several businesses mainly to improve profitability, establish stronger customer relations as well as achieve considerable business expansion. Strategic human resource management has indeed been applied to fulfill various important business goals and plans. Both national and international companies have been developing and applying various means on how to strategically manage one of their essential assets.
Cambodia is a developing country in ASEAN. Many efforts have been tried to integrate this country into global market, such as government policies to become member of ASEANA and its Free Trade Area and to become member of World Trade Organization. Local companies have been able to expand successfully in different sectors through their dedication to quality production as well as effective management and marketing practices. In order to progress further, companies still aim to continue on producing quality brands and products, meeting the needs of its shareholders and operating towards optimum performance. Cambodian companies realize that their achievement to operate both local and global is attributable to its workforce. Thus, those companies have been employing different strategies in order to strategically improve its human resources towards continuous local and global success.
Companies are increasingly facing tough competition as most countries becoming member of economic integration, such as World Trade Organization, ASEAN Free Trade Area, American Free Trade Area, and the European
References: and bibliography: 1. CIPD, strategic human resource management, URL: http://www.cipd.co.uk/hr-resources/factsheets/strategic-human-resource-management.aspx#link_0 (accessed: 22 June 2011) 2. Dess, Gregory G.; Lumpkin, G.T. & Taylor, Marilyn L. (2005), Strategic Management, 2 Edition, McGraw-Hill Irwin 3. Sinha, Sina, what is strategic human resource management, URL: http://ezinearticles.com/?What-is-Strategic-Human-Resource-Management?&id=549585 (accessed: 9 June, 2011) 4. Thomas , Wheelen and David, Hunger (2002), “Strategic Management and Business Policy”, Eighth Edition, Pearson Education, Inc.