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Furthermore
Human resources are the valuable assets of the corporate
bodies. They are their strength. To face the new challenges on
the fronts of knowledge, technology and changing trends.
Significance of HRM can be seen in three contexts:
organisational, social and professional.
2)
Asses the purpose of SHRM activities in
the organization?
SHRM is an integral part of organization policy, the main
purpose of which is to translate objectives into practical
actions.
This needs satisfying the needs of the employee who will
be committed to the organization objectives.
Thus SHRM can be considered as the main tool for making
sure employees commitment aligned with organization
policy.
3)
Evaluate the contribution of SHRM to the
achievement of an organizations objectives?
SHRM contributes to the organization by securing one of
the most vital tools of success:
- A well selected highly trained and motivated
employees, it leads the strategic interaction which
support the future plans of the organization.
- Its the strategic advisor of the organization because it
contains knowledge.
- Using tactical regulations of organization status
between competitors.
It also can be strategic strength for the organization.