The modern world of business is currently experiencing a number of changes which have resulted in the transformation of the structures and cultures of many business organizations. These current trends can only accelerate the rate of change experienced in today’s business world. The success and the future of any business organization will thus entirely depend on the implementation of a human resource strategy working towards the achievement of the strategic objectives of the business organization. A strategic approach to human resource management entails that the management processes link the human resource policies and activities with the set strategic goals of a business organization. To achieve a successful strategic approach to human resource management, a business organization must first determine its operational factors that affect the establishment of a strategic approach to human resource management in order to understand how a successful human resource strategy is formulated. Secondly, a business organization must establish the human resource practices of different human resource strategy models. Lastly, it’s important for a business organization to examine the levels of organizational performance of other business firms employing a strategic approach to human resource.
Human resource management is also viewed as a strategic business partner that can actively participate in the formulation and implementation of strategies to achieve the desired results. In this vein, human resource management procedures must continually strive to achieve great results from their practices and their laid down strategies as well as establishing people strategies in line with the objectives of the business organization. Human resource planning and development, job analysis and recruitment selection, employee appraisal and motivation, career planning and development, employee compensation and benefits as well as employee health and safety are the major areas of
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