Human resource strategy Essay Example | Topics and Well Written Essays - 2500 words

Human resource strategy - Essay Example Based on the new developments in the business world, HRM strategies are also undergoing drastic changes at present. Earlier, HRM functions were labeled as personnel management. Later, it acquired the form of human resource management. Now instead of HRM, Strategic human resource management (SHRM) is gaining grounds in organizations of the modern world. The core of SHRM is to prepare the employees in accordance with the strategies of the organization. The integration of the employees in to the main streams of organizational activities is a modern day business strategy. Along with the expansion of human resource management or strategic human resource management, lots of ethical problems are also arising. When organizations move into foreign markets, they must adapt to communication, culture and human resource issues. Domestic business and international businesses have more differences than similarities. Moreover, ethical dimensions of HRM would be more significant in cross cultural bus inesses than in domestic businesses because of the huge differences in cultures between countries. â€Å"Education, social standing, religion, personality, belief structure, past experience, affection shown in the home, and a myriad of other factors will affect human behaviour and culture† (Encina, 2007). Most of the current organizations have extremely diverse workforce and hence the interests of these diverse workforce may often been clash each other. Strategic HRM policies should be formulated in such a way that all the employees working in an organization get equal opportunities and fair treatments. â€Å"Ethical conventions should be fully addressed by the HRM profession and ethics be integrated into the strategic HRM process† (Carey, 2011) Business ethics was not much interested in the issues relating to the ethical management of employees till recent times. â€Å"Apart from the development of ethical awareness among managers and the ethical dimension of change management processes, there has been little debate around the ethical basis of much HR policy and practice† (Winstanley & Woodall, 2000, p.1). However, current business Gurus are aware of the necessities of managing employees in an ethical way for the sustainment of their business. This paper briefly analyses the ethical dimensions of strategic HRM in future Ethical dimensions of strategic HRM in future The work culture in different countries are different and hence while employing diverse workforce, an organization may face clashes between the interests of diverse employees. For example, Americans like to work under a stress free environment because of the immense freedom they are enjoying in their country because of democracy. However, Chinese may not enjoy such freedom in the work places of their country because of the tight communist administration. An American working in China may face extreme difficult situations in China because of the contrasting business management ph ilosophies he may face in China. Strategic HRM should give more focus in such areas in order to reduce the stress levels of the diverse employees. â€Å"There is a powerful argument that the wider economic system and ultimately the business organisations within it exist to serve human and societal needs rather than the opposite†