Strategic Human Resource Management as a Driver of Sustainable Economic Development

This paper explores the Strategic Human Resource Management as an initiator of sustainable economic development by looking into the role it plays in ensuring the sustainability of organizations, their productivity, innovation, and social responsibility. Using both primary and secondary data sets, where the sample includes 250 respondents representing different fields in Andhra Pradesh and Telangana, the proposed study assesses the effect of Human Resource strategies, recruitment, training, appraisal, compensation, and employee engagement on the outcomes of sustainability. Results indicate that Strategic Human Resource Management practices have been found to play a major role in organization resilience, inclusiveness and environmental custodianship, where alignment of Human Resource strategies, performance appraisal, and teamwork have come out as key drivers. These results also indicate the mediating role played by the employee performance and organizational culture between the Human Resource practices and sustainable results, hence, revealing the necessity to streamline the Human Resource systems according to the United Nations Sustainable Development Goals (SDGs). This study is part of the developing literature in that it presents a holistic framework that makes Strategic Human Resource Management a facilitator in ensuring the competitiveness of organizations as well as a facilitator of greater socio-economic sustainability.