Strategic Human Resource Management And Planning
Human resources can and should play an integral role in the strategic management of an organization. Human resources are increasingly seen as having the potential to create competitive advantage for an organization.
The people in an organization can provide a competitive advantage. It will be emphasized that the people as human resources may contribute to and affect the competitive success of the organization. Human resource (HR) management deals with the design of formal systems in an organization to ensure the effective and efficient use of human talent to accomplish organizational goals.
HR management challenges
The environment faced by HR management is a challenging one because changes are occurring rapidly across a wide range of issues. A study by the Hudson Institute, entitled workforce 2020, has highlighted some of the more important workforce issues that are identified in the following sections.
Economic and technological change