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About Exhibit 1-1: Traditional HRM and Strategic HRM Characteristics
This document discusses the differences between traditional and strategic human resource management (HRM). Traditional HRM focuses on short-term results and following rules, while strategic HRM emphasizes developing people and taking a long-term perspective. However, many organizations struggle to adopt strategic HRM due to focusing only on short-term performance, HR managers lacking strategic skills, and challenges measuring HRM programs. Forward-looking companies are increasingly using data to inform talent management decisions. Strategic HRM views the human resources area as a "profit center" rather than just a "cost center" and involves analyzing problems from a profit-oriented perspective.
Detailed Information
| Author: | ['Akshaya K'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 1 |
| Language: | English |
| Format: | |
| Price: | FREE |
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