A STUDY AND ANALYSIS ON THE BANKING SECTOR OF KHULNA ABOUT EMPLEMENTING STRATEGIC HUMAN RESOURCE MANAGEMENT

A STUDY AND ANALYSIS ON THE BANKING SECTOR OF KHULNA ABOUT EMPLEMENTING STRATEGIC HUMAN RESOURCE MANAGEMENT

Date of Submission: 02 August, 2009

Abstract
The connection between human resources and performance in firms in the private sector is well documented. What is less clear is whether the move towards managerialism that has taken place within the banking sector in Bangladesh, more preciously on Khulna. The research begins with a review of the literature. In particular the conceptual thinking surrounding the connection between HRM and performance within private banks is explored. HRM plays a part in influencing the direction and shape of the devolving strategy. With business strategy, it might be that strategic HRM is seen as contributing to strategic choice within the organization by either maintaining feasibility or producing a sustained advantage. So, strategic HRM emphasizes the need for Human Resource (HR) plans and strategies to be formulated within the context of overall organizational strategies and objectives, and to be responsive to the changing nature of the organization’s external environment.

Introduction
In today’s world, bank is one of most essential organization for the society. Any financial agreement or involvement cannot take place without the participation of banks. So without any argument, it can be acknowledged that banks are playing a very important role in the social economy. As the banks are playing such important role, they should maintain a strong or very good Human Resource. To ensure the optimal performance, organizations should follow or maintain some rules. The combinations of all these rules or techniques are more preferably known as strategies. These strategies are used for increasing and developing the