Importance of Strategic Human Resource Management in today’s Digital World

Subject: Consumer Behavior

Paper Model: APA

Paper Type: Assignment

Total Words: 618

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CRM and Its Importance in Services Business


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Apart from various factors, which contribute in success and smooth functioning of the organization such as goodwill, profitability and employer branding, another important factor is the alignment of the functions of the departments to overall purpose of the organization. Strategic Human Resource management deals with the same concept. SHRM is concerned with alignment of all human resource management practices to the overall vision, mission and the current strategy of the organization. These practices include Human resource planning, recruiting and selection, training and development, compensation management, grievance management and relations with union.  In today’s digital era the role of SHRM holds great importance to play a strategic role to benefit the organization in number of ways

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Table of Contents Introduction    3 Corporate strategic plan    3 1.    External environment effects    3 1.1 Importance of External environment    4 1.2 Shareholder’s needs    5 1.3 Major Change In External Environment    5 2.    Reviewing a Business Plan    6 2.1    Analyzing Effect of Business Plan    6 2.2 Business current Market    7 2.3 Develop competitive strength and weaknesses    7 3.    Strategic planning opinion    8 3.1 Models for strategic options    8 3.2 Comparative understanding    8 3.3 Future strategy    9 4.    Strategic plan    9 4.1 Strategic Structure    9 4.2  Criteria for potential options    10 4.3 Resource Implication    10 5.
Table of Contents Introduction    3 Corporate strategic plan    3 1.    External environment effects    3 1.1 Importance of External environment    4 1.2 Shareholder’s needs    5 1.3 Major Change In External Environment    5 2.    Reviewing a Business Plan    6 2.1    Analyzing Effect of Business Plan    6 2.2 Business current Market    7 2.3 Develop competitive strength and weaknesses    7 3.    Strategic planning opinion    8 3.1 Models for strategic options    8 3.2 Comparative understanding    8 3.3 Future strategy    9 4.    Strategic plan    9 4.1 Strategic Structure    9 4.2  Criteria for potential options    10 4.3 Resource Implication    10 5.
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