Explain what human resource management is, state its purpose, and list the five steps in the strategic human resource management process.
What will be an ideal response?
HRM consists of the activities needed to plan for, attract, develop, and retain an effective workforce. The purpose of the strategic human resource management process is to get the optimal work performance that will help realize the company's mission and vision. The five steps in the strategic HRM process are:
1. Establish the mission and vision, grand strategy, and strategic plans.
2. Plan the human resources needed.
3. Recruit and select people.
4. Orient, train, and develop people.
5. Perform appraisals of people.
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