A strategy is a way of doing something. It is a game plan for action. It is usually includes the formulation of a goal and set of action plans for accomplishment. It implies consideration of the competitive forces at work in managing an organization and the impact of the outside environment on organization actions.
Human Resource Management is concerned with the people dimension of management. It is a process of acquisition, development, motivation, and maintenance of human resource of an organization.
“The field of Human Resource Management involves planning, organizing, directing, controlling functions of procuring, developing, maintaining and utilizing a labor force.”