The business organizations in Bangladesh have been progressively growing as a result, the question of quality human capital is relevantly coming forward for future survival and competitiveness. Previous researches extensively focused on the human resource practices while alignment of such practices with firms strategic outlook did not get adequate focus. This research intends to uncover the firms adoption of Strategic Human Resource Management (SHRM) practices and its variability in accordance to selected organizational elements. Among the 147 surveyed firms from versatile industries, 126 are found adopting SHRM. Moreover, the level of such adoption is varying according to organizational maturity, planning level and availability of Human Resource Division (HRD) while organizational size does not stand as a result significant determinant. Such variance is clearly manifesting firms notion change through acquisition, development and retention of competent human capital to achieve strategic goal and sustainable competitive advantage.