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The Evolving Role of Strategic Human Resource Management

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Posted 1 year ago
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The Evolving Role of Strategic Human Resource Management

Other Services
Posted 1 year ago
21 views
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With an estimated CAGR of 12.8% till 2030, strategic human resource management is transforming businesses worldwide. The rapid adoption of digitalization and automation technologies in HR operations has changed the function beyond recognition. These new and more effective approaches need professionals equipped with robust technical skills and hands-on experience in developing HR strategies.
One of the best HR certification courses online, the IIM Nagpur SHRM programme is an excellent option for HR professionals to upskill themselves as per the evolving industry demands.
What is Strategic HR Management?
Strategic human resource management, or SHRM, could be seen as a framework that links development practices with people management through a strategic approach. It aims to solve long-term business issues instead of focusing solely on the HR function. In doing so, strategic HRM aligns the evolving workforce demands with the organisational objectives.
A strategic HR professional’s duties include analysing employees’ performance, integrating business strategies, and facilitating modern HR processes. There is no fixed set of HR strategies that can ensure success in all scenarios. Hence, HR leaders must develop unique action plans for specific contexts and objectives.
If you’re interested in building a flourishing career in this rewarding yet challenging field, the human resource management online course offered by IIM is one of the best options.
Roles of HR Managers in Evolving Workplaces
Did you know that, as per Glassdoor research, 51% of job seekers now prefer looking for jobs online? With digitalisation taking over and ground-breaking technologies changing the very roots of HR management, professionals in the HR department have three major roles:
Administrative
The foremost function of an HR leader today is to fulfil administrative responsibilities. These could include managing personnel procedures as well as HR systems. The personnel procedures in HR administration involve employee promotions, performance growth, regulations, maintaining decorum, and conducting cultural activities.
The responsibility for analysing and implementing employee data for the organisation’s overall growth strategies also comes under the HR administration.
Strategic
Strategic HR processes take a long-term approach and aim to adapt to the changing business and market trends, keeping the future of the organisation in focus. This part of HR management is more inclined toward “organisational issues” than “HR issues.”
It also fosters change and contributes to developing the organisation's recruitment and performance management strategies. Learning these holistic skills requires guidance from industry-leading mentors and result-driven education. You can find both in the IIM SHRM, one of the best online human resources certificate programmes.
Operational
Operational HR management encompasses managing the employees’ health benefits and compensation. Employee counselling, rewards programmes, and social programmes are also part of the operational duties of the HR department.
Organisational Development for the New Normal
We may be past the COVID-19 pandemic, but the organisational transformations it initiated are here to stay. HR executives are now expected to incorporate hybrid models of work where employees come to the office on certain days of the week only. Additionally, most conversations and meetings take place over online platforms like Zoom. These major changes have expanded the operational horizons of companies, giving both employers and employees the best of both worlds — better work-life balance and higher flexibility.
Many HR professionals are struggling to adapt to the new reality of the workplace. Fortunately, the human resource management online course by IIM Nagpur is designed to help participants understand how to employ HR strategies to achieve a competitive advantage.
To know more: https://executive.timespro.com/course/general-management/iim-nagpur-post-graduate-certificate-programme-in-strategic-human-resource-management/
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