Sample Essay on:
STRATEGIC APPROACH TO HUMAN RESOURCES

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Essay / Research Paper Abstract

This 5-page paper supports the thesis statement that it is possible to have a strategic approach to human resources management. The essay touches on some models of strategic HRM, as well as examples of what constitutes successful HRM strategy. Bibliography lists 9 sources.

Page Count:

5 pages (~225 words per page)

File: D0_MThrmstr.rtf

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Unformatted sample text from the term paper:

- knows the importance of strategic management within a variety of areas including financial and marketing. But when it comes to managing "human capital," do the same strategic approaches apply? Can strategy and analysis be completed for a companys work force? The answer here is yes - in this day and age particularly, it behooves a companys management team to do as careful a job of strategically planning its human resources as it would to creating strategic plans for its marketing and financial areas. Such a strategy is particularly important in todays 24-7, globally oriented, highly competitive market place. There is little doubt that the current business revolution, based on information technology, relies on management of human capital (Bhatt, 2002). A companys staff, more than anything else, determines whether a company will succeed or fail (Bhatt, 2002). According to Twomey and Harris, a strategic view toward successful human resource management regards internal resources - i.e., human capital - as "a source of unique and inimitable competitive advantage" (Twomey and Harris, 2000, p. 43). These two authors believe that matching human resource management (HRM) sub-systems with strong strategic management will ". . . produce behaviors and outcomes consistent with the strategy" (Twomey and Harris, 2000, p. 43). Twomey and Harris argue that in todays extraordinarily competitive and information-drenched environment, developing and implementing strategic plans on all levels is a must (Twomey and Harris, 2000). Firms, they noted, must do so in order to reduce costs and increase quality and innovation among products and services (Twomey and Harris, 2000). Interestingly enough, Drucke went one step further, to define this particular strategic method as "intrapreneurship" -in other ...

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