The strategic development are :
- Strategic resources :Human resources are regarded as strategic resources in organizations.HRM is carefully considered in strategic planing.Human resources accounting is getting important.
- Partner role:HRM is an equal partner in formulation and implementation of strategy.
- Potential development :Strategic approach is taken for continuous development of the future potential of human resources.
- Work force diversity :Strategic plans are prepared to manage workforce diversity.
- Learning organizations :Knowledge based learning organizations are increasing.Employees continuously learn and share experiences.
- Quality of work life :QWL is getting a strategic focus in HRM.
- Retention :Strategic planing is done to retain component quality human resources over the long term.Employees stock ownership programmers are getting popular.Welfare of employees inside and outside the work place is getting grater attention.
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