Lg Electronics (china), Strategic Human Resource Management Practice And Revelation

Since late 1980s, Strategic Human Resource Management (SHRM) has become a concept that is already well known by enterprises. Enterprises have to combine their strategies and HR management when they want to attain competitive advantage in today's changeable surroundings. SHRM is a series of behaviors of HR management that aims to achieve enterprise strategic objectives.This thesis is a research of HR management practice from LG Electronics China Ltd. The author investigates environment of LG Electronics which is a top 500 enterprise all of the world from four modules: corporate culture and staff relationship, recruitment, employee's training and development, performance appraisal and compensation system, etc. The author obtains lots of inspirations on how to manage a Chinese enterprise in SHRM area.This thesis is divided into four parts:Chapter 1 of the thesis is about the importance of SHRM, and introduces ways of analysis, and main contents. Chapter 2 introduces basic theories of SHRM including SHRM definition, SHRM characteristics and the functional changes from Transactional Human Resource System (THRM) to SHRM.Chapter 3 is the focal point of this thesis. This chapter takes LG Electronic China Ltd as an example. It claims LG how to operate its corporate culture and staff relationship, recruitment, employee's training and development, performance appraisal and compensation system, in achieving company strategy. Also there are closely links between HR management and company strategy target and value points. Enterprises can gain various experiences from implementing SHRM. SHRM creates an excellent environment and necessary factors for gaining company core competence.Finally, in chapter four the author does an analysis for the implementations of SHRM in LG Electronics Ltd., and gives three suggestions for Chinese enterprises.