Strategic human resource management is an approach that goes beyond the reactive, administrative duties of yesterday’s human resources functions to proactively drive a company’s overall decision-making and ultimately its bottom line. An organization whose HR functions are in lockstep with corporate strategies gains a competitive advantage in anticipating and meeting ever-changing customer needs. Human resource managers who act strategically develop and lead long-term programs that help ensure an organization’s continued growth. When successful, these efforts can drive profits. One example is Google, known for its innovative employee programs that foster a culture of innovation.
There have some benefits that academics and HR professionals embraced SHRM is given below:
- Exceptional corporate culture.
- Increased productivity.
- Enhanced customer loyalty.
- Greater focus on corporate goals.
- Better preparation for potential issues.
- Effective leadership in implementing strategic initiatives.