Formulating and executing HR systems that produce employee competencies and behaviors needed to achieve the company's strategic aims is (are):

Formulating and executing HR systems that produce employee competencies and behaviors needed to achieve the company's strategic aims is Strategic HR Management. Strategic human resource management is the practice of attracting, developing, rewarding, and retaining employees for the benefit of both the employees as individuals and the organization as a whole. As a result, the goals of a human resource department reflect and support the goals of the rest of the organization.