DECISIVE HUMAN RESOURCE MANAGEMENT: A GOOD SOURCE OF COMPETITIVE ADVANTAGE
Dr. Yaduraj Singh Yadav
H.O.D. Commerce Deptt. K.R.P.G. College, Mathura, UP, India
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Liberalization and industrialization have brought a revolutionary change in the area of business world which has anteceded colorful challenges in the area of mortal resource operation( HRM). Economy has shifted from command to request driven, from domestic to global request, from monopoly to competition, from sheltered request to competitive request. These shifts push HR conditioning to borrow different ap-proach. All those conditioning affecting the gesture of the individualities in their sweats to formulate and apply the strategic need of the business are Strategic mortal resource operation( SHRM). Scholars suggest that there's a great correlation between SHRM and firm performance. This composition describes that in the knowledge frugality mortal resource( HR) come the strategic mate at an enterprise. People are the topmost asset in any association, strategically operation of people having right station is crucial to success for the associations. Stylish HR practices and programs are core of the association to attract the stylish gift in the global
Keywords:
Strategic mortal resource operation; competitive advantage; firm performance; challenges for mortal re-source
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