Strategic Human Resource Management - Human Resource Planning

Jul 25th, 2016
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Introduction to Strategic Human Resource ManagementSHRM can be defined as the linking of Human resources with strategic goals and objectives forimproving business performance and developing organizational culture with innovation,competitive advantage and flexibility. To identify the need of SHRM means to accept and havethe HR function involved as a strategically important partner in the formulation andimplementation of the companys overall strategy.To explain it elaborately, Strategic HRM defines the organizations intentions and plans on howits business goals should be achieved through people. It is based on three propositions:First, that human capital is a major source of competitive advantage;Second, that it is people who implement the strategic plan;Third, that a systematic approach should be adopted to defining where the organization wantsto go and how it should get there.Review of LiteratureJournals:1) Strategic Management and HRMMathew R. Allen and Patrick M. Wright2) Human Resource ManagementKaren LeggeWebsites:http://en.wikipedia.org/wiki/McDonald'shttp://www.mcdonalds.com/us/en/our_story/our_history/the_ray_kroc_story.htmlhttp://www.scribd.com/doc/16448162/McDonalds-Projectwww.hrm guide.comwww.hr-topics.comhttp://www.aboutmcdonalds.com/mcd/investors/annual_reports.htmlhttp://finance.yahoo.com/news/mcdonalds-reports-first-quarter-2013-115800163.htmlhttp://www.csrwire.com/members/12873-McDonald-s-Corporationhttp://jpkc.szpt.edu.cn/

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