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International Journal in Management & Social Science
Year : 2015, Volume : 3, Issue : 7
First page : ( 462) Last page : ( 474)
Online ISSN : 2321-1784.

Startegic human resource management to create sustained competetive advantage

Dr. Varma Chandrakant1, Dr Chavan Chandrahauns R2

1Asst. Professor, Thakur Institute of Management Studies and Research, Affiliated to University of Mumbai. Add: Regency Homes A-104, Rambaug Lane-6, Kalyan West. 421301

2Associate Professor & Former Director, Jamnalal Bajaj Institute of Management Studies, University of Mumbai

Online published on 22 June, 2018.

Abstract

This research paper intends to interpret the previous researches into a viable human resource strategy, which will be practically applicable in the current business environment. In this consistently changing business environment Organizations will have to rethink on their HRM strategy if they have to create a sustained competitive advantage. The evolution in HRM has been more in academics while as compared to the same being implemented in the organizations. The study is an attempt to understand activities to be undertaken by the organization so as to create a culture of high performance and a sustained competitive advantage through SHRM. Hence a effort has been made to understand and surmise the studies conducted and list the features and dynamic which will enhance the sensible application of this progression of HRM to strategic HRM.

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Keywords

Strategic Management, Strategic Human Resource Management (SHRM), Human Resource Management (HRM), Business Environment.

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