Human resource management (HRM) has known to exist in organizations for decades. However, its form has known to change with the passage of the years due to the fluctuations in the environment and customers demands. The traditional form of HRM has been modified to come from the background to the forefront of the organization as a strategic participant in important decision making aspects of the company. This is known as strategic human resource management. It will facilitate the attainment of competitive advantage in the automotive production industry, become a source for greater revenues and increase performance levels due to the recruitment of competent individuals and employee development programs.
The paper discusses the important aspects of strategic human resource management and how it proves to outperform the conventional human resource management processes. It also includes the areas where HR can contribute with their useful analysis for the success of the company. 1. Introduction Earlier, human resource management was considered to be a mechanism to manage the people, policies and routine procedures in the organization. It bore no greater relevance than this paradigm. Human resource management was often reversibly used for personnel management or people management.
It is due to the passage of years that the field of human resource management has evolved and its horizon has broadened. The demanding needs of the current markets and dynamic customer behaviors make it necessary for the human resource management to be aligned with the strategic goals and plans of the organization. The isolation of these aspects creates a gap between the execution of the goals and management of the company’ s resources. The evolution in the field of HRM has made it come out of its narrow scope and has created the concept of strategic human resource management (SHRM); that is required to be adopted by every organization in the prevailing times for profitable outcomes.
This evolution has made its presence in many fields of businesses, including the automotive production industry.
Please type your essay title, choose your document type, enter your email and we send you essay samples