Chapter 1-Strategic Human Resource Management exam questions fully solved & updated

How HRM strategy support business Functional areas' of HRM must be consistent in what they reinforce, and care must be taken to ensure that do not undermine each other Primary HRM functions? 1. Strategic risk tional risk. 3. Financial risk. 4. Compliance risk Why HRM is important to organizational performance? .Improves organizational efficiency. Contribute to revenue growth. Increase employees' understanding of their responsibilities and how they relate to the organization's mission, business strategy,and goals. Develop and enhance employee capabilities and talent to enable strategic execution and goal attainment Business strategy Defines how the firm will compete in its marketplace. It should reflect what the organization's customers want, what the firm wants, and what the firm can cost-effectively deliver. HRM professionals Are/not the organization's police. Their role, along with the HRM function,is to align the talent philosophy and HRM strategy with the business strategy and company values, develop supervisors skills in managing and using HRM effectively, and serve as a resource for supervisors' questions and ongoing needs. The society for human resource management (SHRM) Is the world's largest professional association devoted to HRM