Strategic HRM Flashcards
1
Q
What is Strategic HRM?
A
It is the integration of human resources with strategic goals/objectives in order to direct impact on business performance and growth.
2
Q
What is strategy?
A
Strategy is the determination of the long-term objectives of a firm, adopting a course of action and allocating resources to achieve the goals.
3
Q
What are the sub-concepts of strategy?
A
- Competitive advantage
- Distinctive capabilities
- Strategic fit
4
Q
Explain the nature of SHRM
A
- It has long-term focus
- It is associated with goal setting
- It is interrelated with business strategies
- It fosters corporate excellence skills
