3.1. What is Goal in HRM
Goals is the process of establishing specific objectives, rules, and procedures that will aid in employees' understanding of the company's objectives and the proper way to approach their work. Setting goals requires being precise, quantifiable, realistic, achievable, and time-bound. Employees can work towards achieving the organisation's target by adhering to the guidelines provided by the goal setting process.
Goals
Source - (Kinni, n.d.)
3.2. Goals of Human Resource Management.
Goals are intended
objectives to be accomplished in the future. Serving human society ought to be
the fundamental objective of any organisation. If not, the organization's
existence is going to suffer or eventually disappear. A company's primary
objective is to satisfy people's needs and raise their standard of living. It
is impossible for an organisation to satisfy every human need. Consequently, it
is important to identify the human need or needs that must be met. Thus, the
organisation works to improve the degree of well-being that people enjoy by
meeting a particular need or needs of humans. To accomplish the primary
objective, the organisation sets targeted goals. One, multiple, or all of the
objectives may be established by an organisation. (Henarath H. D. N. P Opatha, 2009) HRM
Goals are refers to
- ·
Develop and implement HR strategies that
are integrated with the business strategy to support the organisation in
reaching its goals.
- ·
Help to foster a high-performance culture.
Ensure that the organisation has the talented, skilled, and engaged personnel
it needs.
- ·
Foster a positive working relationship and
climate of mutual trust between management and employees.
- ·
Promote the use of an ethical approach to
personnel management.
3.3 Strategic goals of HRM
The
goal of strategic human resource management, or SHRM, is to strike a balance
between the interests of owners, employees as a whole, and stakeholders. As a
result, when planning HR strategies, an HR manager should keep people in mind
as well as the goals and desires of every member who is either directly or
indirectly connected to the organisation. The practice of recruiting,
developing, rewarding, and keeping employees for the mutual benefit of each
employee and the company as a whole is known as strategic human resource
management, or SHRM. It also entails a forward-thinking process of creating and
executing HR initiatives that directly support significant long-term business
goals and address and resolve business issues. ( Ahammad T,2019)
Strategic
HRM suggests that, if HRM is a coherent approach to people management, it is
carried out in a planned manner that integrates organisational goals with
policies and action sequences. The advantages of SHRM are as follows:
Advantages of SHRM
3.4 Importance of the Strategic Human Resource Management
HR
professionals have both great opportunities and challenges when it comes to
strategic planning. Strategic
planning is a part of the HR professional’s job, and nearly all HR leaders
in the biggest international corporations participate in strategic
decision-making and support the business's strategy team. HR specialists, on
the other hand, are rarely involved in organisational or functional strategic
planning in many medium-sized and small businesses. Consequently, to fulfil
long-term strategic HR goals and be an integral part of the company's strategic
planning procedure.( Ahammad T,2019)
3.5. Key Features of the Strategic
Human Resource Management
Figure
o3
Key Features of SHRM
3.6.Impact of SHRM on Organisational Performance
Ahammad, T. Goals of strategic human resource management. https://www.researchgate.net. https://www.researchgate.net/publication/361330427_Goals_of_strategic_human_resource_management (accessed 2023-12-12).
Henarath H. D. N. P Opatha (2009). Human Resource Management. [online] ResearchGate. Available at: https://www.researchgate.net/publication/326183548_Human_Resource_Management. (accessed 2023-12-12).
Kinni,
T. (n.d.). A goal isn’t a mission. [online] Strategy+business.
Available at: https://www.strategy-business.com/blog/A-goal-isnt-a-mission. (accessed
2023-12-12).
www.youtube.com.
(n.d.). Impact of SHRM on Organizational Performance by Vibhuti
Mehrotra. [online] Available at: https://www.youtube.com/watch?v=OkOKJY0IOB8
[Accessed
18 Dec. 2023].