HRM plays a pivotal role in aligning the workforce with the companyâs strategic goals. Hereâs how HRM contributes to business strategy:
- Workforce Planning: HRM helps in forecasting the organization's future staffing needs and developing plans to meet those requirements. - Talent Management: By identifying and nurturing high-potential employees, HRM ensures a pipeline of future leaders. - Organizational Culture: HRM shapes and promotes a company culture that aligns with business objectives, enhancing employee engagement and productivity. - Change Management: HRM aids in managing organizational change by preparing and supporting employees through transitions.