What is Strategic Human Resource Management?


Strategic Human Resource Management

Strategic human resource management, sometimes written as strategic HR management or strategic HRM, is an umbrella term for the comprehensive method or methods companies and organizations leverage for optimal people management.

An array of components comprise strategic human resource management, such as recruiting, onboarding, benefits enrollment, payroll, talent or workforce management, reporting, time and attendance, and succession and performance management.

Why strategic versus general HR management? As with many facets of business, developing and implementing a strategic plan can yield better results—not just in the short term, but also in the long term. A strategic approach to human resource management is not only essential for growing companies, it can act as a prime catalyst for that growth.