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The Need For Strategic Human Resource Management (SHRM): Case Study Example

September 30th, 2012 1 comment

This essay critically analyzes the need and the linkage between the Strategic Human Resource Management (SHRM) practice and the HR functions of both BANK X and Organization Y, an independent organization and currently the sole IT service provider for BANK X. The essay pinpoints the issues that are hindering BANK X and Organization Y HR from aligning their services with the corporate strategic goals and provides insights and solutions for the sake of realizing SHRM practices in terms of achieving integrative linkage with the bank strategy and goals, following a proper Human Resource Planning (HRP) process, linking individual/group/organizational activities with the corporate goals for the purpose of measuring, managing, and realizing better performance, adopting a Strategic Human Resource Development (SHRD) process, utilizing Electronic HRM systems (E-HRM), and enhancing Employee Relations (ER).