Strategic Human Resource Management (SHRM) has gained popularity among academics and HR professionals because it makes HR a major factor in company performance by coordinating HR procedures with an organization's long-term objectives. SHRM combines personnel planning with business strategy to improve organizational performance, innovation, and competitiveness, in contrast to traditional HRM, which concentrates on administrative duties.
SHRM is valued by HR professionals because it increases employee engagement and productivity while assisting in luring, nurturing, and keeping top talent. Because SHRM is evidence-based and links HR practices to quantifiable business outcomes, academics embrace it. Furthermore, SHRM places a strong emphasis on adaptation, making sure businesses can successfully handle shifts in the market, globalization, and technology. SHRM is a crucial framework in contemporary HR practices since it helps achieve long-term success and sustainable growth by coordinating HR with business strategy.