Human resource management (HRM) is the study of how an organization’s goals may best be achieved via the use of its employees. Human capital is the primary source of competitive advantage, and it is people who put the strategic plan into action. Additionally, a systematic approach to defining where the organization wants to go and how it plans to get there should be adopted. These three premises form the foundation of the HR strategy. These overall methods to HR strategy creation are connected vertically with the company strategy and horizontally with one another. Organizational effectiveness, as well as more particular areas of people management, are addressed in these strategies, which include goals and objectives for the future of the firm and its employees.

HRM is based on the belief that establishing long-term strategies for human resource management may be made easier with a shared foundation. Critical challenges and success elements connected to people may be handled and strategic decisions made that have a long-term influence on the organization’s performance can be found in HRM’s framework. Strategic HRM’s primary goal is to ensure that the company has the qualified, dedicated, and highly motivated personnel it requires in order to maintain a competitive edge. Human resources (HR) policies and programs must be developed and implemented in order to meet the organization’s business goals and the individual and collective needs of the organization’s employees in an often unstable environment.