explain the role of hrm in strategy formulations and implementations
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Role in Strategy Formulation: HRM is in a unique position to supply competitive intelligence that may be useful in strategy formulation. The challenge is to develop a configuration of HR practice choices that help implement the organization's strategy and enhance its competitiveness.
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Strategy Formulation includes planning and decision-making involved in developing organization's strategic goals and plans. Strategy Implementation involves all those means related to executing the strategic plans. In short, Strategy Formulation is placing the Forces before the action.
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