A set of objectives of strategic human resource management is given below:
Objectives of strategic human resource management
1. To set the goals: To set the goals of an organization with respect to human resources.
2. To utilize human resources: To identify the strategic needs of an organization & its utilization.
3. To select the type: To select the appropriate organ gram for the organization.
4. Compensation plan: To set the appropriate & suitable compensation system for the employees.
5. To set the evaluation standard: To set the performance evaluation method & the standard.
6. To identify the relationships: To identify the relationships among the different departments & setting their duties & responsibilities.
7. To set strategies for future challenges: Organizations should set some strategies to survive in the competition.
8. Formulate the HR policies: The HR manager is supposed to take action in this regard.
9. To review the existing HRM practices: Employee needs and workability of HRM policies are to be reviewed regularly.
10. To develop guidelines: The last objective of SHRM is to develop guidelines for the human resource manager.
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