Every stage of the organizational lifecycle requires a different HRM strategy.

Question

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As an organization grows and evolves, its needs and challenges change. Therefore, HRM strategies need to be adjusted to support the organization's current stage of the lifecycle. For example, a startup may need to focus on recruiting and retaining key talent, while a mature company may need to focus on succession planning and career development for employees.

Every Stage of the Organizational Lifecycle Requires a Different HRM