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Business strategy

strategic human resource management
Management
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Strategic Human Resource Management (SHRM): [PDF Inside] Characteristics, Process, Functions, Objectives, Advantages, Disadvantages, and Other FAQs

Strategic Human Resource Management (SHRM) is an approach to managing human resources that aligns HR practices and policies with the strategic objectives of an organization. In other words, it is the process of linking the HR function with the strategic goals and objectives of the organization.

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Benchmarking
Industrial engineeringEconomics
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What is Benchmarking? [PDF Inside]Process, Importance, 6 Types Value Cycle, Objectives, Advantages, and Disadvantages

Benchmarking is the process of measuring and comparing the performance of an organization, process, or product against a set of established standards or best practices. It involves identifying and analyzing the practices and performance metrics of other organizations that are recognized as leaders in a particular industry or field, with the goal of improving the performance of the organization being benchmarked.

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