ENTREPRENEURSHIP

Detailed explanation-1: -Strategic HR aims to create a working environment conducive for employees to do things right the first time. It aims to prevent mistakes rather than punish them. Strategic HR is output driven rather than input oriented.

Detailed explanation-2: -A strategic HR plan can be created by thoroughly evaluating an organization’s strengths, weaknesses, opportunities and threats. This is known as a SWOT analysis. Once employers know this information, they can create realistic goals that account for what they do well and where they need improvement.

Detailed explanation-3: -Basically, strategic HRM is a process that helps companies align their HR activities with the broader business strategy and objectives. It involves identifying and prioritizing the skills, competencies, and experiences needed for success in your organization.

Detailed explanation-4: -Strategic human resource management is the connection between a company’s human resources and its strategies, objectives, and goals. The aim of strategic human resource management is to: Advance flexibility, innovation, and competitive advantage.

Detailed explanation-5: -What is a strategic HR partner. The role of HR as a strategic partner is to develop and direct an HR agenda that supports and drives the overarching goals of the organization. In other words, a strategic HR partner bridges the gap between the work of the HR team on the ground and the mission of the C-suite.