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The external environment encompasses the political, legal, technological, economic, social and cultural forces that have a great impact on the functioning of the business. HRM Notes - Nature and Scope of Human Resource Management. Nature of Human Resource Management. While personnel management mostly involved activities surrounding the hiring process and legal compliance, human resources involves much more, including strategic planning, which is the focus of this chapter. ‘If a global company is to function successfully, strategies at different levels need to inter-relate.’1 Human resource strategy: The main function of strategic human resource management is to formulate a well-conceived HR strategy incorporating HR planning and job design approaches.

The Ulrich HR model, a common way to look at HRM strategic planning, provides an overall view of the role of HRM in the organization. Human resources or the people working in the organization are the most important resource. The HR department also offers vacations and sick days, safety procedure information and work incentives. Strategic human resource management (strategic HRM) is an approach to managing people that supports an organisation’s long-term goals with an overall planned and coherent framework. Simply put, Human Resource Management (HRM) refers to the application of management principles to management of people in an organization. Human resource management or HRM is concerned with training, benefits, hiring and firing, pay and administration issues. Strategic Human Resource Management Process. In the words of the Oxford Concise Dictionary, strategy means ‘generalship’. STRATEGIC HUMAN RESOURCE MANAGEMENT 2.1 Human Resource Management The concept of human resource management (HRM) has attracted a lot of attention from academics and practitioners alike since it first emerged in the mid-1980s. Nature of human resource management (HRM): 1. inherent part of management :-human resource management is inherent part of management because if the manager wants to draw best out of his people, he must do the basic responsibility of selecting people who will work under him along with this he must train, motivate appraise them from time to time.2. Meaning of strategic HRM: Before we try to explain the meaning of strategic HRM, let us first define the terms ‘strategy’ and ‘strategic management’. This free course, What is strategic human resource management?, is about the interplay between decision making in HR and the multiple environments within which such decisions are made. Strategic human resource management John Bratton Chapter two Strategic human resource management is the process of linking the human resource function with the strategic objectives of the organization in order to improve performance. both the external and internal factors of the organization. Strategic Human Resource IVIanagement focuses on the overall HR strategies adopted by business units and companies, according to John Bratton, 2009^ It is a thought that integrates traditional human resource management activities within a firm's overall strategic planning and implementation, thus called Strategic Human Resource Management. The former often suspect both the practicality and morality of … This is too simple a statement and fails to capture the essence of human resource management. This helps ensure that the various aspects of people management work together to develop the behaviours and performance needed to create and distribute value.

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