AN OVERVIEW OF STRATEGIC INTEGRATION AND DEVOLVEMENT OF HRM FUNCTION

Abstract

In modern organizations, it is recognized that people are key assets for developing competitive advantages and different organizations are trying to excel in market on the basis of this key resource. There are numerous studies that are highlighting the importance of human resource in achieving organizational goals. However, we can hardly find any study that is focusing on the role of HR department as a key functional unit not only in strategy implementation stage but also at strategy formulation stage. This paper presents a model for analyzing the integrative aspects of HRM and its effects on organizational performance.