Strategic Human Resource Management
"Human Resource Management will be regarded as valuable business partner and important organisational resource when the Business Units are satisfied with the results achieved through Human Performance and Process Improvement." This is how human resource management has been described by an unknown source and quoted in many books and journals on the same subject.
Human Resource Management, unlike Personnel Management, is linked to and plays a vital role in the organisations strategic planning and execution in order to make a decisive impact on the organisation 's overall performance. Human Resource Management is concerned with philosophies, practices, and policies influencing the management of people in organisation so as to attain competitive advantage. That 's why before moving on to describe the process oriented steps that organisation execute to bring human resource management in alignment with the companies strategy we need to understand a few things like strategy, business policy, strategic human resource assignment etc.
I will begin my discussion by considering a few questions, the answers to whom will also form the outline of the discussion. These questions are:
1. How is strategy defined?
2. How do we define business strategy?
3. What are the business strategies of Tata Steel?
4. What are the approaches of Tata Steel towards its Human Resource assets? What are their Major Human Resource policies?
5. What is strategic human resource management?
6. How are these approaches towards HR linked to their business strategy or how do these approaches help them achieve their strategic goal?
Let us begin our discussion by taking up the first question, i.e. what is strategy or how is strategy defined in a business environment or context.
The American Heritage Dictionary describes strategy as "the science and art of military command as applied to the overall planning and conduct of large-scale combat operations." This definition reflects the military
Human Resource Management, unlike Personnel Management, is linked to and plays a vital role in the organisations strategic planning and execution in order to make a decisive impact on the organisation 's overall performance. Human Resource Management is concerned with philosophies, practices, and policies influencing the management of people in organisation so as to attain competitive advantage. That 's why before moving on to describe the process oriented steps that organisation execute to bring human resource management in alignment with the companies strategy we need to understand a few things like strategy, business policy, strategic human resource assignment etc.
I will begin my discussion by considering a few questions, the answers to whom will also form the outline of the discussion. These questions are:
1. How is strategy defined?
2. How do we define business strategy?
3. What are the business strategies of Tata Steel?
4. What are the approaches of Tata Steel towards its Human Resource assets? What are their Major Human Resource policies?
5. What is strategic human resource management?
6. How are these approaches towards HR linked to their business strategy or how do these approaches help them achieve their strategic goal?
Let us begin our discussion by taking up the first question, i.e. what is strategy or how is strategy defined in a business environment or context.
The American Heritage Dictionary describes strategy as "the science and art of military command as applied to the overall planning and conduct of large-scale combat operations." This definition reflects the military
References: 1. Deb, Topomoy 2006, Strategic Approach to Human Resource Management, Atlantic, New Delhi 2. Greer, C R 2001, Strategic Human Resource Management: A General Managerial Approach, Pearson Education, Inc., New Delhi 3. Jones, Gareth R & Hill, C W L 1998, Strategic Management Theory: An Integrated Approach, Houghton Mifflin Company, USA. 4. 12 Manage Rigor and Relevance in Management n.d., Three Dimensional Business Definition (Abell), viewed October 11, 2007 from 5. 12 Manage Rigor and Relevance in Management n.d., Strategic Intent (Hamel Prahalad), viewed October 11, 2007 from < http://www.12manage.com/methods_hamel_prahalad_strategic_intent.html> 6. Tata Steel n.d., Vision 2007, viewed October 11, 2007 from 7. Tata Steel n.d., Corporate Governance, viewed October 11, 2007 from 8. World Prout Assembly September 27 2007, Orissa 's Mines, Vapi, among world 's 10 most polluted areas, viewed October 11, 2007 from