Organizational Strategy
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Introduction
According to various sources; Strategic Human Resource Management is a means to achieve organizational strategy, as organizational strategy is the overall outline or plan of an organization so as to achieve its long term objectives. It is formulated based on the strategies of the overall organization and these strategies are formulated to cope up with a changing environment. Human Resource as an active & variable resource in an organization up on which companies exploit their competitive advantages and it is a special type of resource which need to managed & handled from the long term perspective.
It is through policies & practices that the human resource management activities are implemented and communicated and contributes to the realization of the companys goals & objectives. Unless these policies & practices are properly developed, consistently entangled one over the other it can not be patterned with the other aspect of the companys strategy..
This paper is also intended to discuss the integration and fit between Human Resources Management policies & practice with the overall organization strategy; on top of this, the paper tries to discuss the importance of the internal consistency or congruence between Human Resource Management practices. It first outlines the major points in organizational strategy and strategic human resource management that defines details, and then the importance of strategic human resource management for the realization of organization strategy is discussed by indicating integrations and alignments.
Organizational Strategy
Strategy in general is a plan or method for achieving some thing particular over a long period of time. According to Johnson & Scholes in Armstrong (2006:113), the direction and scope of an organization over the longer term, that ideally matches its resources to its Changing environment, and in particular, to its markets, customers and clients to meet stakeholder expectations is considered as strategy.
Similarly, Organizational strategy is a strategy developed for a certain company that determines the way in which it is going to achieve its intended long term goals with in a changing environment. According to Johnson & Scholes in Armstrong (2006:113), the direction and scope of an organization over the longer term, that ideally matches its resources to its Changing environment, and in particular, to its markets, customers and clients to meet stakeholder expectations is considered as strategy. A report on,