Case Study Strategic Human Resource Management - 2512 Words

DIPLOMA IN BUSINESS MANAGEMENT (Level: 7) ASSIGNMENT: 1 SUBJECT: STRATEGIC HUMAN RESOURCE MANAGEMENT BUS 721 Submitted to: Name: Student ID: Answer: 1(A) Difference between HRM and SHRM: 1. Meaning: HRM: Human resource management is working on the affairs related to the organisations employees and the problems faced by the employees in the organisation. (meaning of HRM, n.d.) For example: Tarmac company working for the needs of the employees and the problems faced by the employees and the team working for the workers in the Tarmac Company is known as Human Resource Management. SHRM: Strategic human resource management works on the business goals which is to be achieved in the long term and the approaches to manage the employees to archive the goal of the business is known as SHRM (Strategic Human Resource Management). (strategic human resource management- factsheet- CIPD, 2015) For example: The employees of Tarmac Company does something to bring innovation in the product of the company and the goal of the company is achieved easy is known as SHRM of the company. 2. Need and importance: HRM: HRM is the most important part of organisation as without good HRM the company cannot make good team of the workers and the good output of the product. The training and recruitment of the employees and motivating employees and etc. this all are functions of HRM. (importance of HRM, n.d.) For example: If the Tarmac Company starts the new project on the new site ofShow MoreRelatedCase Study : Strategic Human Resource Management1420 Words   |  6 PagesStrategic human resource management is simplified as â€Å"the pattern of planned human resource deployment and activities intended to enable an organization to achieve its goals† (Gerhart, Hollenbeck, Noe, Wright, 2015). 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Honeycutt Unit 5 Writing Assignment 2 February 10, 2012 Abstract Flexible Leadership (FLT) is a theory that falls under the umbrella of strategic leadership, emphasizing the need for leaders to be flexible in their actions when influencing of the key determinants of financial performance