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Wednesday, May 16, 2018

The contribution of strategic human resource management to the achievement of an organization’s objectives.

AC: 1.3 Evaluate the contribution of strategic human resource management to the achievement of an organization’s objectives.

SHRM contribution to achieving the objectives of Oman Arab Bank can be evaluated according to the amount and level of success and achievement of the organizational objectives as SHRM are used for reducing turnover rates of the bank's employees as SHRM activities such as training and rewarding systems are widely used in the bank to retain employees which is a main objective of the bank and the bank finds it useful to apply SHRM practices to reduce turnover rates and raise retention levels, the bank also depends on SHRM in achieve its objectives related to mangers empowerment as managers are given the opportunities to have better career through SHRM training sessions that tend to turn HR managers and professionals to be strategic managers or partners which in turn helps the bank achieve long run strategic goals. SHRM needs to provide more contribution to achieve the organizational development objectives including developing their technology levels in providing services for their customers and improving their ATM machines and other online services as this can occur by encouraging the bank's HR professionals to get more innovative and creative ideas from all employees. SHRM is used by the bank for achieving customer satisfaction and adding new services to the current banking services by encouraging employees to work in a comfort work environment where good relationships can occur between employees and managers or employees and each other which helps clients receive the best information and services of the bank as satisfied employees can lead to satisfied clients. SHRM can be helpful for the bank's objectives as it helps managers realize how to meet employees needs by understanding them and making strategic plans for them currently and for future as this can help achieve the bank's objectives related to employees' satisfaction and helping them to have good levels of communication. SHRM considers human resources as among the company's capabilities and works hard to get the utmost benefit from them which helps invest in human resources that is among the bank's objectives and SHRM also helps in raising the engagement of employees and empowering them through strategic planning that helps realize the real potentials of all and each employee which tells that SHRM is greatly sharing in achieving the objectives of Oman Arab Bank but there should be more contribution for SHRM in achieving the bank's objectives and raising its effectiveness as SHRM can play many other roles in encouraging HR of the bank and HR professionals to be strategic partners who can work hard to achieve such objectives. 



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