What is Strategic Human Resource Management?
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- Опубліковано 28 лют 2023
- If you're interested in learning more about strategic human resources management, then check out our HR Certification Courses here: hr.university/hr-certificatio...
Strategic human resource management helps the HR department maximize the potential of an organization’s workforce through strategic planning, talent management, leadership development, organizational design, and performance management. The main difference between HR management and strategic HR management is that HR management focuses on managing the regular day-to-day HR duties, while strategic HR management focuses on helping employees and the HR department achieve company goals through strategic working.
What are the goals of strategic human resource management? SHRM works to develop an employee-centric culture where employee growth, development, health, well-being, and performance are focused more than getting tasks done. SHRM clarifies and enhances the organization’s purpose to people so they truly understand the gist of their responsibilities and how they contribute to helping the organization achieve its purpose. In addition to that, strategic human resource management focuses on employee advancement to enhance their occupational status. Employee retention is another objective that the SHRM team strives to achieve.
To learn more, watch the video.
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This video is great, the SHRM is explained in detail, well done.
HRM is now a vry. Vast field and need of the time.T&D is vry.Essential aspect and it is a continuous process for Development Of OD nd OB.Different Training Methodology Helps for increasing Efficacy Of any sector.A Good Trainer is the key Player for Overall Development of any Organisation as a whole by inducing Latest Techniques.Nice Lecture.Thanks.
Hi there. We're glad that you found our video helpful and informational. We wish you all the best.
Thank you for explaining it in such detail. It really helped me with my project on Strategic HRM
Actually I am having a seminar in my college
So I was looking at the topic and it was perfectly explained thank you sir. This is more useful for my HR ambition
There is a very real need for SHRM in the community a bit more. Here's an example, if a company helps connect employees with banks or credit unions... and if those banks and credit unions were able to help families to choose options with health care plans and how the investment and risk funds from that work relates and enables the employee and company.... the community connection increases. Also, the bonds between company and employee and mutual beneficial relationship remains strong. There are a lot of options and opportunities embedded within this concept.
This video pertains very well to larger organizations, however... over 2/3 of employers in the US are small businesses... banks and credit unions are NOT set up to be outsourced HR departments, however the health and retirement benefits are very needed. Additionally, things like the ACA and various medicare options over time and disability... (we can't have disability be such a huge disincentive to working but we also need to take care of people who need help and the benefit). It's also true that there are agencies and professionals who sometimes file for disability and then assume their benefits or worse... take a huge percentage of past owed benefits.
So, banks and credit unions already have regulatory process, but this could help. And, the residual income structure could ease and create better value based outlooks to insurance companies. The process of funding investments need better oversight and trust metrics.
Another pleiotropic effect...the increased contact in bank locations with public and needs based work... of course revenue will increase and provide better checks and balances with insurance and investments and taxes, without turning the "reigns' over to anyone or group... it will provide a better platform for the initial creation of better feedback loops between corporate boards, employee work groups, community stake holders, fund managers, executive leadership... etc. The better quarterly goals and reports can improve over time with these better insights. The concepts of ghost mentors or ghost boards are inherently flawed and ripe for usurpations and various division scape goating (in larger companies).
This has a lot of merit and the better investment pieces and community work rely on better understanding and trust builiing.... plus, it has a better shot of keeping more funds in local communities and better tools for real world work force understandings.
This is not all the same thing as regional work, but it is an easing of process and platforms to create enough options for various eco systems of need. It's substantial work over time... a few quarters will show large shifts.
Thank you so much for the informative video Josh!
Glad you enjoyed it!
Dude can you highlight the future of HR jobs after artificial intelligence/ Ai chatGpt tech emerge
We've noted your suggestion. Please also take a look at some of the videos we have on our channel related to AI. Here's one of them where you can use AI in recruitment: ua-cam.com/video/jI0MZa_3wUo/v-deo.html
Moreover, I believe you have subscribed to the channel already. We've uploaded a few AI videos in relation to HR so you will find them on our channel. Thanks and hope this helps.
Very helpful
And Bangladesh
Great content. Maybe just phase a little as you talk quite fast (maybe because you think fast). Cheers.
Thank you! Sure, we'll definitely keep that in mind. No need to rush anywhere 😁
SHRM "sherm" has a different meaning. The Society for Human Resource Management
SHRM stands for both Strategic Human Resource Management and Society for Human Resources Management. Thanks for sharing.
The first and initial definition of SHRM is strategic human resource management, more recently the the society for human resource management and used the abbreviation as well .
The agenda was SHRM not business strategic plan. Should had been only to the topic. Lengthening video time could had been avoided tobexolain deeply the subject
Hi there. Thanks for the feedback. We'll do our best to incorporate it in our future video projects.
Go somewhere else then you negative Nelly
What a caper. Can I get a high paying job showing silly PowerPoints to employees
Very helpful
Thanks