Strategic Management Process

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PREFACE
Strategic management is the management of change involving the system of corporate values, the corporate culture, and all managerial process of change, such as leadership, planning, control, and human resources management. The strategic management process represents a logical, systematic, and objective approach for determining an enterprise's future direction. Researchers usually distinguish three stages in the process of strategic management: strategy formulation, strategy implementation, and evaluation and control.
HR plays a major role in this process in various ways. First, HR has to demonstrate that it is the respectful business partner for the strategic planning. HR has to take the full responsibility for connecting …show more content…
TITLE OF THE TABLE
PAGE
NO.
29
HR’s expected to participate in the determination of methods and procedure that contribute to the achievement of business goals

30
HR’s expected to be informed enough to have a holistic view of the organization

31
HR’s expected to contribute to the achievement of business goals

32
HR’s expected to be an active partner in business
Planning

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HR’s expected to be a business partner

34
It gives a great deal of satisfaction and pride if HR’s asked to give thy opinion on Strategic issues in the organization

35
It gives a sense of self-worth if HR’s can help in organization to reach its goals by aligning HR strategies with business strategies

36
It is important to HR’s to be an active Participant in business
Planning

ABSTRACT
The study on the STRATEGI ROLE OF HUMAN RESOURCES MANAGEMENT In short, strategic means to think and plan long term. Human resource management means to manage the employees so that they will work towards the profitability of the company. The official definition links the strategic business plan and objective to the development, and deployment of human resources. Many companies now accept that the Human

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