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Strategic Human Resource Management (SHRM) Practices in Bangladesh: What Really Makes the Difference?
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The business organisations in Bangladesh have been progressively growing as a result, the question of quality human capital is relevantly coming forward for future survival and competitiveness. Previous researches extensively focused on the human resource practices while alignment of such practices with firm's strategic outlook did not get adequate focus. This research intends to uncover the firm's adoption of Strategic Human Resource Management (SHRM) practices and its variability in accordance to selected organisational elements. Among the 147 surveyed firms from versatile industries, 126 are found adopting SHRM. Moreover, the level of such adoption is varying according to organisational maturity, planning level and availability of Human Resource Division (HRD) while organisational size does not stand as a result significant determinant. Such variance is clearly manifesting firms' notion change through acquisition, development and retention of competent human capital to achieve strategic goal and sustainable competitive advantage.
Keywords
Organisational Construct, Organisational Maturity, Strategic HRM (SHRM), Strategic Planning.
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