Strategic Human Resource Management in a Knowledge Economy: Optimizing Talent Lifecycle

Abstract

In the knowledge-based economy, Strategic Human Resource Management (SHRM) is key to attracting, developing, and retaining talent that drives innovation. This study offers a conceptual analysis of how SHRM aligns human capital strategies with organizational goals, especially in knowledge-intensive sectors. Drawing on theories like the Resource-Based View and Human Capital Theory, the research proposes a framework linking strategic attraction, development, and retention. Findings stress the importance of employer branding, adaptive learning, and value-based engagement in enhancing workforce capability and loyalty. In Indonesia’s digital economy, the study identifies opportunities to align SHRM with workforce policies. Theoretical contributions include a unified SHRM model for knowledge economies, while practical implications guide HR leaders and policymakers. This research advances SHRM scholarship by emphasizing its role in building agile, innovation-ready organizations.