Discuss the Benefits and barriers to SHRM
⦁ Identifying and analyzing external opportunities and threats that may be crucial to the company's success.
⦁ Provides a clear business strategy and vision for the future.
⦁ To supply competitive intelligence that may be useful in the strategic planning process.
⦁ To recruit, retain and motivate people.
⦁ To develop and retain of highly competent people.
⦁ To ensure that people development issues are addressed systematically.
⦁ To supply information regarding the company's internal strengths and weaknesses.
⦁ To meet the expectations of the customers effectively.
⦁ To ensure high productivity.
⦁ To ensure business surplus thorough comopetency
Barriers of SHRM
Barriers to successful SHRM implementation are complex. The main reason is a lack of growth strategy or failure to implement one. Other major barriers are summarized as follows:
⦁ Inducing the vision and mission of the change effort.
⦁ High resistance due to lack of cooperation from the bottom line.
⦁ Interdepartmental conflict.
⦁ The commitment of the entire senior management team.
⦁ Plans that integrate internal resource with external requirements.
⦁ Limited time, money and the resources.
⦁ The statusquo approach of employees.
⦁ Fear of incomopetency of senior level managers to take up strategic steps.
⦁ Diverse work-force with competitive skill sets.
⦁ Fear towards victimisation in the wake of failtures.
⦁ Improper strategic assignments and leadership conflict over authority.
⦁ Ramifications for power relations.
⦁ Vulnerability to legislative changes.
⦁ Resistance that comes through the legitimate labour institutions.
⦁ Presence of an active labour union.
⦁ Rapid structural changes.
⦁ Economic and market pressures influenced the adoption of strategic HRM.
⦁ More diverse, outward looking approach.
