STRATEGIC HUMAN RESOURCE MANAGEMENT ASSIGNMENT BUS 721 Submitted to- Submitted by-Rana Salehi Tarun DuhanCIB00002G7Corporate Strategy and Planning Assignment.1. A. 3 major differences between HRM and SHRM are1. Focus-HRM- Focuses on the needs of employees working for the company.SHRM- Focuses on the needs of internal and external employees.Example- On tarmac, the HR manager is concerned about the well-being of the employee, but the SHR manager is concerned about the well-being of internal and external employees.2. Responsibility-HRM-The manager has cost as the center.SHRM-The manager has investment as the center of his work.Example- In Tarmac, the HR manager is concerned with the cost of the product or service, but in SHR, the manager cares about investment. required for the product or service.3. Initiatives-HRM- Manager's work is slow and reactive.SHRM- Manager's work speed is fast and is proactive type.Example- In tarmac, HR manager has slow work speed, but SHR manager works in a high-speed environment .1. B. 4 roles of SHRM in Tarmac are Role 1- Strategic Partner- It is a dual role for the HR manager of Tarmac, he takes care of the design and recruitment of human resources for the company. He is also determined about the success of the steps he takes for the benefit of the company. He must closely monitor the evolution of his strategies and the decisions he makes. He has the ability to question his own decisions repeatedly and to think over the decisions in his mind over and over again. For example, any change decided by Tarmac must be managed by the HR manager, because he is the one who decides how it will be done. .... middle of paper ......s.Example - The human resources manager of Tarmac is also responsible for the profits and investments made to and from human resources. And also what benefits did the company receive if it adopted a new HR strategy. Implementation of new strategies-1. The loss for the company is a crucial step for the company. HRM is also an important part of finding out what went wrong in the business. He must develop a new strategy and implement it with employees.2. To increase productivity and sales, HRM should provide training and seminars on new technologies and make employees aware of the current market trend. Example: Due to the diverse nature of the workplace, there may be some misunderstanding within the company and this may lead to a disastrous environment. It is therefore necessary for the employee to keep a regular eye on the HR manager to obtain the correct information..