Strategic human resource management is an approach that goes beyond the passive administrative responsibilities of previous human resource functions to actively drive the overall decision-making of the company and ultimately achieve profitability. Organizations whose HR functions are aligned with corporate strategy have a competitive advantage in anticipating and meeting changing customer needs. Hr managers who take strategic action develop and lead long-term plans that help ensure the continued growth of the organization. If these efforts are successful, they can be profitable. One example is Google, which is known for its innovative employee programs that foster a culture of innovation.
Academics and HR professionals who embrace SHRM have some of the following benefits:
Excellent corporate culture.
Increase productivity.
Enhance customer loyalty.
Focus more on corporate goals.
Better prepare for potential problems.
Effective leadership in the implementation of strategic initiatives.