A Comparative Study of Strategic Human Resource Management Practices by Linking People with Strategic Needs of Business
In this paper, the authors test and contrast whether or not Strategic Human Resource Management (SHRM) can be used to predict economic development i.e., efficiency and organizational development of two real-estates company located in Dhaka, Bangladesh. Convenience sampling method was applied to obtain data from 100 employees. The study reveals no relationship of SHRM with economic development and organizational development. HR policies is negatively related with economic development while no relationship with organizational development in case of Oriental Ltd (OL) while for Suvastu Ltd (SL), it is negatively related with organizational development but has no relationship with economic development.