Role of Human Resource Management on Strategic Management

Abstract

Strategic human resource management (SHRM) is a field of study and practice that focuses on the alignment of human resource strategies and practices with the overall strategic objectives of an organization. It recognizes the critical role that human capital plays in driving organizational success and competitive advantage. By integrating HR practices with strategic goals, SHRM aims to maximize the performance, engagement, and development of employees, ultimately contributing to the achievement of organizational objectives. A thorough understanding of SHRM is essential for organizations seeking to optimize their human resources and gain a competitive edge in today's dynamic business environment. In this literature review, the authors delve into the existing research and explore the various aspects of SHRM, shedding light on its theoretical foundations, practical applications, and the potential benefits it offers to organizations.