Human Resource Strategy is the set of some alternatives regarding HR activities of an organization. When usual and common human resource activities cannot achieve desired goals of an organization, there may be a need for adopting some strategic approaches. These strategic approaches are adopted to overcome the barriers on the path of performing HR activities by using conventional means. Human Resource Managers formulate the strategies for smoothing the ways recruiting, selection, training and development and other activities.
Under the above circumstance we can define HR strategy as a set of some action plans for implementing the plans and decisions taken regarding human resource. Adopting a HR strategy involves considering employees as human assets and developing approaches, policies and programs as investments in these assets to increase their value to the organization. Strategic approach to HR is the demand of the present age. For proper utilization of Human Resources in the organization the intelligent managers are trying to innovate new techniques and adopting new weapons.
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