Why have academics and HR professionals embraced SHRM?
HR The process of integrating the human resource function with the strategic goals of the company to boost performance is known as strategic human resource management (SHRM).
Strategic human resource management is a school of thought that incorporates conventional HRM practices into a company's comprehensive strategic planning and execution.
A proactive strategy for strategic human resource management influences a company's total decision-making and, eventually, its bottom line. This goes beyond the resistant, administrative duties of the past. A company has an edge in anticipating and fulfilling its customers' ever-changing requirements when HR functions align with business strategies. Long-term initiatives are developed and managed by strategic human resource managers to support an organization's ongoing growth.
HR Practitioners and Academics have taken up SHRM for the following key reasons.
- Assisting in the achievement of the objective and the company's existence,
- Supporting and effectively implementing the company's corporate plans,
- Establishing and preserving a competitive edge for the business,
- Enhancing the business's capacity for creativity and adaptability,
- Expanding the range of practical strategic choices open to the industry,
- Taking part in strategic planning and affecting the company's strategic path as a legitimate member of top management,
- Enhancing communication between direct managers and the HRM staff.