STRATEGIC HUMAN RESOURCE MANAGEMENT PRACTICES AND ORGANIZATIONAL GROWTH: A THEORETICAL PERSPECTIVE

Abstract

This paper examined the theoretical perspectives of Strategic Human Resource Management Practices (SHRMPs) and organizational growth. The essence was to establish a relationship between SHRMPs and organizational growth. A qualitative research approach was adopted in an attempt to draw a relationship between SHRMPs and organizational growth. Other related works by different authors were reviewed. The findings could be generally stated that SHRMPs have positive and significant influence on organizational growth. The study revealed that it is necessary for organizations to use their human resources effectively in order to minimize wastages. Also SHRMPs, can only be a source of sustained competitive advantage when Human Resource (HR) managers support resources or competencies that provide value to an organization. Given the increased emphasis on HR practices, the study recommended that, it is imperative for Human Resource (HR) to understand the critical nature and utmost importance of effectiveness of all SHRMPs such as training, planning, reward, recruitment, selection and promotion in creating value for the organization.