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Strategic Human Resource Planning: The Human Capital Steward

1138 Words5 Pages

Human Resources Planning (HRP): Human Resource Planning (HRP) is expressed as a process by which the management ensures the right number and type of people, at accurate place, at the right occasion doing the exact things for which they are recruited and positioned for the achievement of goals of the organization. HRP aims at the constant supply of right kind of human resources (HR) to fill various positions in the organization.
Strategic Human Resource Management (SHRM): Strategic human resource management (SHRM) is an approach to managing human resources that supports long-standing business goals and outcomes with a strategic structure. The approach focuses on longer-term people issues, matching resources to future needs, and overall-concerns …show more content…

Demographics and Diversity: Demographic changes in society and the composition of the workforce in society are also creating a number of challenges for strategic HRM. Diversity has become and continues to be one of the principal exhortations for both public and private organization, as recognizing and promoting diversity is seem as critical for organizational prosecutes. The motivation behind diversity can vary from organization to organization. A number of employers have a commitment to understanding and appreciating diversity, whereas other implement diversity initiatives merely to ensure compliance with central, state, and local service …show more content…

This means brokering the services of scholarly manpower.
 The Knowledge Facilitator: The knowledge facilitator places importance on learning and development. The effectual management of knowledge and making environments favorable to knowledge formation, sharing and distribution.
 The relationship builder: The relationship builder focuses on making and supporting to the networks and communities of practice. It also helps to networks and communalities of practice to join together in various parts of the supply chain in new and better ways.
The speedy deployment specialist faces the challenge of quickly changing markets somewhere information, business procedures and organizational plans can be met in diverse ways to meet yet changing energetic environments characteristic of life in the knowledge based economy. Knowledge based economy has the capacity to significantly enlarge the role of the HRM

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