Impact of strategic human resource management approach and organizational performance of Hotshot Automotive

Abstract

Businesses are facing various problems these days. So, they come up with solutions. Human resource effectiveness and competitiveness of an organization is very important. According to some experts, the success of an organization depends on both its people and its systems. The strategy for a company's overall competitiveness no longer separates out human resources as a separate element. Therefore, developing and managing an HR system or process in accordance with corporate needs is insufficient. Managers must take the organization's long-term objectives into account. From a strategic standpoint, there is a strong emphasis on how HR affects corporate success. The study discussed in this paper's major goal is to comprehend how Hotshot Automotive's organizational performance may be impacted by SHRM elements. The first chapter provides about internship experience. The Second chapter discusses the organizational structure of Hotshot Automotive, including its values, range of products and services and human resource development (HRD) strategies, summary of the objectives, parameters, limitations and methodology of the study and the literature review is included in the Third chapter. The relevant research literature and research findings will be presented in this chapter, along with a discussion of how Hotshot Automotive's organizational effectiveness is impacted by strategic management of human resources techniques. Based on the research findings, the fifth chapter of the study provides important details like recommendations and required understanding. The conclusion section of the report follows this section