Strategic Human Resources Management: Human Resources or Human Capital

Abstract

Knowing that many or majority of companies do have human resources management department, there are some companies that have human capital management. Even these departments may not have to many differences they are slightly diverse. Strategic human resource management usually is inner company’s department which is erected or created with aim of helping company to meet the needs of their employees while promoting company goals and objectives. In common, Strategic Human Resource Management deals with any aspects of a business that affects or directly deals with employees more precisely such as hiring, pay, benefits, training, and administration, and even the bitter act of firing, respectively. Strategic human capital management has almost the same operating function, but they are more focused on people to treat as real capital or asset. Retention of employees is main objective of SHCM (Strategic Human Capital Management). Objective of is to offer to the employee advanced trainings, education, and improve overall working conditions since current market changes require a strong built tram within the organization or company aiming to able to compete towards everyday stronger and stronger competitors worldwide.

DOI: 10.5901/ajis.2013.v2n9p88