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HUMAN RESOURCE MANAGEMENT WITH A STRATEGIC FOCUS: ANALYZE HOW HR POLICIES AND PROCEDURES AFFECT COMPANY OUTCOMES
Smitha K R Dr Dhamoderan
Abstract:
This paper explores the strategic role of Human Resource Management (HRM) in influencing company outcomes through the implementation of effective HR policies and procedures. It examines how strategic HRM aligns human resource policies with the overarching goals of an organization, fostering improved performance, competitive advantage, and long-term sustainability. The analysis delves into various HR functions such as recruitment, training, performance management, and employee relations, highlighting their impact on organizational outcomes. It also considers the importance of aligning HR practices with the company's strategic objectives, culture, and values to drive employee engagement, productivity, and innovation. Through a review of existing literature and case studies, the paper demonstrates how strategic HRM practices contribute to enhanced organizational effectiveness, employee satisfaction, and overall business success. The findings underscore the necessity for HR departments to transition from traditional administrative roles to strategic partners in business planning and development.
