Research On Strategic Human Resource Management Of Privately-run Enterprise

Since reform and opening to the outside world, China's privately-run enterprises have undergone rapid development and have become a major component of the national economy while playing an important role in accelerating the development of the national economy. From the 1990's on, a series of processes such as China's entrance to the WTO, and the advent of economic globalization and the knowledge economy have provided privately-run enterprises with wide market spaces and various opportunities, yet at the same time they also brought along serious challenges. As a result of their history of development, China's privately-run companies have considerable drawbacks in their human resource management. In order to gain a foothold in the stiff market competition, keep cutting an edge and ensure sustained growth, privately-run enterprises must cultivate their own core power. One effective way to cultivate such power is to construct a system of strategic human resource management to strengthen human resource management.This thesis first analyzes the status quo of privately-run companies' human resource management and identifies problems therein. It also studies the business environment that privately-run companies are faced with, and thus puts forward the viewpoint that privately-run companies urgently need to enhance their human resource management. This paper then elaborate on the construction of a strategic system of human resource management within privately-run companies while presenting a necessity and feasibility study and putting forward suggestions on operational policies and concrete methods thereof. In the fifth part of this paper, the author further proves his viewpoints presented therein with a case study on the ZD Group's construction of a strategic system of human resource management.