Managing human resource strategies. A five-stage model of growth and development

To summarize, our model can be used to strategically manage human resources. It provides a framework first to assess the current position of human resource management in relation to each one of the strategic components. It then provides the framework for assessing where each one of the components should be in relation to the business needs. Closing the gaps on the dual fit will provide the function with a strategic plan to identify opportunities and risks in the business environment. The model can be used to analyze any unit or level in an organization. The model provides a framework for understanding the development of the HRM function in the organization. Learning from previous errors will most likely prevent new ones.