Sunday, May 24, 2020
Strategic Human Resource Management to Achieve Organizational Aims Free Essay Example, 1750 words
Global competitiveness and strategic human resource are linked to each other in this manner. Global competitiveness drives the choice of strategies that a firm selects for its operations, and strategic human resource contributes to the global competitiveness of a firm. Global competition is becoming the custom of the business world. This is because a lot of firms in countries now operate globally, making the rate of trading internationally higher than the rate of operating domestically (Kiessling Harvey). In most industries, it is impossible to survive in the global market without scrutinizing the world for customers, competitors, technology, suppliers, and human resource. Because of the global nature of the business environment, firms can get the right skills at lower costs hence reducing the overall operational cost. This gives the firm advantage and may contribute to its competitiveness. In such a business environment, global human resource management becomes the key to achievin g success in the firm (Kiessling Harvey). The Role of Human Resource Management in Global Competitiveness Today in a turbulent and complex business environment, when firms analyze their competitive factors, the result is an understanding that the people and their position are the basis from which everything depends, and everything begins. We will write a custom essay sample on Strategic Human Resource Management to Achieve Organizational Aims or any topic specifically for you Only $17.96 $11.86/page The productivity of a firm also depends on human resource. In the current knowledge economy, it is the employee that is given knowledge for use in various situations for the success of the organization. Take the example of a marketer. In the current business world, characterized by new technology, and especially social media, there may be new forms of reaching a target market.