📝 One-liners · 66 cards
HR AS A STRATEGIC PLAYER
What does it mean for HR to function as a 'strategic partner' in an organization?
HR acts as a strategic partner when it aligns human resource policies and practices with the long-term business goals of the organization, contributing to competitive advantage rather than merely performing administrative functions.
What is the primary goal of positioning HR as a strategic player in banking?
Aligning HR practices with long-term business objectives and competitive strategy.
What is Strategic Human Resource Management (SHRM)?
SHRM is the proactive management of people that links HR strategies with the overall business strategy of the organization to achieve sustainable competitive advantage through human capital.
What is the 'HR value chain' concept in strategic human resource management?
HR activities create value by linking people practices to business results.
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