Strategic human resource management connects people with organizational goals. With strategic human resource management, the HR department is building the link between an organization's most valuable asset – its people – and the strategic direction of the company.

1. HUMAN RESOURCE
Dr.Aravind.T.S
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STRATEGIC
MANAGEMENT

2. Strategy
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“Strategy is a way of doing something. It includes
the formulation of goals and setting of action plans
for accomplishment of that goal.”

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4. Strategic
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A Process of formulating, implementing and
evaluating business strategies to achieve
organizational objectives is called Strategic
Management
Management

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6. Definition
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A Process of formulating, implementing and
evaluating business strategies to achieve
organizational objectives is called Strategic
Management
Strategic Management

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8. Strategic Management
Environmental Scanning: Analyse the Opportunities
and Threats in External Environment
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9. Strategic Management
Environmental Scanning: Analyse the Opportunities and
Threats in External Environment
Strategy Formulation: Formulate Strategies to match
Strengths and Weaknesses. It can be done at Corporate
level, Business Unit Level and Functional Level.
© Dr.AravindTS Dec 2020

10. Strategic Management
Environmental Scanning: Analyse the Opportunities and
Threats in External Environment
Strategy Formulation: Formulate Strategies to match
Strengths and Weaknesses. It can be done at Corporate
level, Business Unit Level and Functional Level.
Strategy Implementation: Implement the Strategies
© Dr.AravindTS Dec 2020

11. Strategic Management
Environmental Scanning: Analyse the Opportunities and
Threats in External Environment
Strategy Formulation: Formulate Strategies to match
Strengths and Weaknesses. It can be done at Corporate
level, Business Unit Level and Functional Level.
Strategy Implementation: Implement the Strategies
Evaluation & Control: Ensure the organizational objectives
are met.
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13. Importance & Benefits
1. Allows identification, prioritization and exploration of opportunities
2. Provides an objective view of management problems.
3. Represents framework for improved co-ordination and control
4. Minimizes the effects of adverse conditions and changes
5. Allows major decisions to better support established objectives
6. Allows more effective allocation of time and resources
7. Avoids ad hoc decisions
8. Helps to integrate the individual behaviours
9. Encourages forward thinking
10. Encourages favourable attitude towards change.
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15. Role of HRM
1. Role in Strategy Formulation
2. Role in Strategy Implementation
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In Strategic Management

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17. Thank You
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