Business – 2.1 HRM – Purpose and roles of HRM | e-Consult
2.1 HRM – Purpose and roles of HRM (1 questions)
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Strategic human resource planning aligns the workforce with the organisation’s future direction, ensuring that the right number of people with the right skills are available when needed. Two key HR activities are:
- Workforce forecasting – analysing future demand for labour based on business growth plans and comparing it with current supply to identify gaps.
- Talent acquisition and development – recruiting, training and retaining employees whose competencies match the strategic goals, such as innovation or market expansion.
By integrating these activities into the overall business strategy, HRM helps the organisation meet its long‑term objectives for profitability, market share and competitive advantage.