Human Recources Essay Example | Topics and Well Written Essays - 2750 words - 1

Human Recources - Essay Example An understanding of implications of SHRM has been obtained by applying concepts such as resource-based view of the firm and HR-business partner model. The discourse also highlights critical aspects related to application of SHRM based on these two models and how organizations adapt to the changing demands from external and internal customers in order to sustain their competitiveness. Strategic human resource management has emerged as the most favourable proposition for businesses as it provides a comprehensive framework for HR practices to be aligned to organisational strategies. These practices have enhanced company’s growth and profitability upon integration with business purposes. This faculty has become very popular in the areas of the traditional HRM, organisational behaviour and industrial relations. This concept practically addresses many limitations of the conventional HRM practices, and works on the philosophy of integration of HR strategy with business strategy. David Guest’s (1987, 1989a, 1989b, 1991) Harvard model emphasizes the significance of achieving strategic integration and asserts the role of organisation’s ability to integrate HRM issues into its strategic plans in such a manner that various aspects of HRM are congruent with the policies and practices implemented at all levels (Armstrong, 2000). To achieve this, many management specialists support the resource based view (RBV) of the firm as it provides competitive advantage in strategic sense. However, practical implications of RBV on managerial functions such as selection, development, combination and deployment of resources experience certain challenges which questions RBV’s status as the backdrop of SHRM. This discourse examines the extent of integration achieved by organisations between strategic decisions and practices with respect to SHRM. Further, an assessment of the effectiveness of RBV