STRATEGIC HUMAN RESOURCE MANAGEMENT

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Strategic Human Resource Management (SHRM) – M.Com Syllabus (Regulations 2022)

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Strategic Human Resource Management (SHRM) is one of the core subjects in the M.Com programme. The course focuses on aligning human resource strategies with organizational goals to improve business performance, employee engagement, and sustainable competitive advantage.

Course Information

Course CodeCOE 7103
Course NameStrategic Human Resource Management
ProgrammeM.Com
Regulation2022
Credits4
Lecture Hours45
Tutorial Hours15
Total Hours60
SDGs CoveredSDG 3 & SDG 8

Course Objectives

After studying this course, students should be able to:

  1. Develop a strategic perspective of Human Resource Management.
  2. Differentiate Strategic HRM from the traditional HR approach.
  3. Evaluate various strategic HR alternatives based on organizational capabilities.
  4. Understand performance management and strategic reward systems.
  5. Develop knowledge about employee relations and trade union management.

Course Modules

Module I – Framework of Strategic Human Resource Management

  • Investment perspective of HRM
  • Investment-oriented organizations
  • Strategy: Concept and Process
  • Strategic HRM
  • Aims and Approaches of SHRM
  • Limitations of Strategic HRM
  • Types of HR Strategies

Module II – Strategy Formulation

  • Fundamental strategic processes
  • Developing HR strategies
  • Strategic review
  • Implementing HR strategies
  • Strategy-driven HR practices
  • Strategic typology of HR activities
  • Network organizations
  • Roles in Strategic HRM
  • Strategic HR vs Traditional HR

Module III – Strategic Human Resource Planning

  • Strategic role of HR Planning
  • Managerial issues in planning
  • Recruitment Strategies
  • Temporary vs Permanent Employees
  • Internal vs External Recruitment
  • Interviewing and Testing
  • Reference Checking
  • International Assignments
  • Diversity Management
  • Training Need Assessment
  • Training Design and Delivery

Module IV – Performance and Reward Strategies

  • Performance Management
  • Performance Management Strategy
  • Performance Measurement Systems
  • Reward Strategy
  • Compensation Strategy
  • Internal Equity
  • External Equity
  • Individual Equity

Module V – Employee Relations Strategy

  • Employee Relations
  • Strategic Employee Relations
  • HRM Approach
  • Policy Options
  • Employee Relations Strategy Formulation
  • Partnership Agreements
  • Employee Voice Strategies
  • Competencies of HR Professionals

Learning Outcomes

Upon successful completion of this course, students will be able to:

  1. Analyze the strategic role of Human Resource Management in achieving competitive advantage.
  2. Apply Strategic HRM concepts to modern organizations.
  3. Integrate HR planning, recruitment, and selection into organizational effectiveness.
  4. Evaluate strategic approaches for employee development, appraisal, and compensation.
  5. Understand the importance of people in implementing strategic organizational change.

Recommended Textbook

  • Michael Armstrong (2020). Strategic Human Resource Management, 7th Edition, Kogan Page.

Reference Books

  1. Tanuja Agarwala (2007). Strategic Human Resource Management. Oxford University Press.
  2. Charles R. Greer (2011). Strategic Human Resource Management. Pearson Education Asia.
  3. Jeffrey A. Mello (2019). Strategic Human Resource Management. Cengage Learning.
  4. Joel Ramakanta K. Patra (2019). Strategic Human Resource Management & Organizational Development. Himalaya Publishing House.
  5. Noe, Hollenbeck, Gerhart & Wright (2011). Human Resource Management. McGraw-Hill.
  6. Noe, Hollenbeck, Gerhart & Wright (2021). Human Resource Management. 12th Edition, McGraw-Hill.

Sustainable Development Goals (SDGs)

SDG 3 – Good Health and Well-being

Reduce mortality from non-communicable diseases and promote mental health.

SDG 8 – Decent Work and Economic Growth

Promote sustained, inclusive, and sustainable economic growth, productive employment, and decent work for all.

Strategic Human Resource Management plays an essential role in achieving sustainable employment, creating safe workplaces, ensuring fair compensation, and improving the overall quality of work life.

Conclusion

Strategic Human Resource Management is an essential discipline that integrates human capital with business strategy. It enables organizations to achieve sustainable growth, improve employee performance, and develop competitive advantages through effective people management.

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