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Importance of human resource management academic
Importance of human resource management academic
Importance of human resource management academic
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Human resource management (HRM) can be described as a function within a firm that is concern with recruitment, management and provision of direction for individuals working in the firm. HRM is an organizational activity that is concern with issues related to employees such as hiring, compensation, wellness, safety, employee motivation, benefits, administration, communication, and training (Heathfield). HRM is also a comprehensive and strategic approach used in the management of people as well as workplace environment and culture. When HRM is effective, employees are able effectively contribute and be productive to the entire direction of the organization and the accomplishment of objectives and goal of the organization. Currently, HRM has moved from the traditional personnel transactional roles, and administration that are increasingly outsourced. An organization expects HRM to add value to the strategic and effective utilization of workers and that personnel programs impacts the firm in ways that can be measured. Role of HRM The modern role of HRM is concern with HRM metrics and strategic direction am measurement that is able to demonstrate value. There was a time when all Have departments dealt with every staffing of the organization from firing and hiring to determination of salaries and administering benefits. However, the role of HR has started to significantly diversify due to the shrinking of departments at organizations across the board. According to research studies done by the Society for HRM, the largest professional association, the head count at the average human resource department declined from 13 in 2007 to 9 in 2008 (Rendon). In the past, what used to be the domain of HR departments is being outsourced thus making... ... middle of paper ... ...l policy, up from 14% in 2001. Work cited: Heathfield, Susan M. What Is Human Resource Management? Definition of Human Resource Management. 5 May 2014. http://humanresources.about.com/od/glossaryh/f/hr_management.htm Johnson, P. HRM in changing organizational contexts. In D. G. Collings & G. Wood (Eds.), Human resource management: A critical approach (pp. 19-37). London: Routledge, (2009) Paauwe, J., & Boon, C. Strategic HRM: A critical review. In D. G. Collings & G. Wood (Eds.), Human resource management: A critical approach (pp. 38-54). London: Routledge (2009) Rendon, Jim. Ten Things Human Resources Won't Tell You. 19 April 2010. 5 May 2014. http://online.wsj.com/news/articles/SB10001424052702303491304575188023801379324 Vijayaragavan, K., & Singh, Y., P. (n.d). Chapter 14 - Managing human resources within extension. http://www.fao.org/docrep/w5830e/w5830e0g.
Ulrich, D., Younger, J., and Brockbank, W. 2008. “The twenty-first century HR organization.” Human Resource Management, 47, pp.829-850.
Retrieved from http://go.galegroup.com.library3.webster.edu/ps/i.do?id=GALE%7CCX1700400026&v=2.1&u=edenweb_main&it=r&p=GVRL&sw=w. Dessler, G. (2011). The 'Standard'. Human resource management. Upper Saddle River, NJ: Prentice Hall.
" This global London-based mining and mineral company was severely impacted by the global recession in 2008. Such an impact forced unprecedented workforce reductions worldwide and decentralized HR management had to be brought in under a single umbrella to ensure an orderly and efficient system that would support the organization’s future productivity."( Case Study OneRedesigning HR HRMG 5000 - Student Simple). Human resources have a strategic significance if managed efficiently and productively. The company revamped and managed its HR functions in a manner so as to achieve the strategic goals of the
Impact. Human Resource Planning, 24 (4), 27-35. Missildine, C. (2013). From HR Metrics to HR Intelligence. HR Examiner retrieved February 12,
Ramlall, S., Welch, T., Walter, J., & Tomlinson, D. (2009). Strategic HRM at the Mayo Clinic: A case study. Journal of Human Resources Education, 3(3), 13-35. Retrieved from http://business.troy.edu/jhre/Articles/PDF/3-3/31.pdf
Byars, L. L. (1997). Human Resource Management. Chicago, IL: The McGraw-Hill Companies, Inc. Mills, D. Q. (1994).
Willy McCourt & Derek Elridge (2003), Global Human Resource Management, pp 311 - 315. Edward Elgar publishing.
Human resource management (HRM) encompasses the activities of acquiring, maintaining, and developing the organization's employees (human resources). "The traditional view of these activities focuses on planning for staffing needs, recruiting and selecting of employees, orienting and training staff, appraising their performance, providing compensations and benefits, and making their career movement and development." HRM involves two aspects:...
The third stage in HRM development which began in the late 1970?s and early 1980?s was the realisation that effective HRM could give an organisation competitive advantage. Within this stage HRM is viewed as important for both strategy formulation and implementation. For example 3M?s noted scientists enable the company to pursue a differentiation strategy based on innovative products. At the competitive stage, then, human resources are considered explicitly in conjunction with
4) Tokesky, George C; Kornides, Joanne : ‘Strategic HR Management is vital’( Personal journal, December 1994 v 73 n 12 p 115.
Torrington, D., Hall, L. and Taylor, S. (2008). Human Resource Management, 7th ed. Prentice Hall.
Human Resource Management (HRM) can be defined as “the set of programs, functions, and activities designed and performed in order to capitalize on both employee as well as organizational effectiveness. It is a management function that helps organization in recruiting, selecting, and training, developing and managing
Human resource management is the strategic and coherent approach to the management of an organization's most valued assets - the people working there who individually and collectively contribute to the achievement of the objectives of the business. The terms "human resource management" and "human resources" (HR) have largely replaced the term "personnel management" as a description of the processes involved in managing people in organizations. Human Resource management is evolving rapidly. Human resource management is both an academic theory and a business practice that addresses the theoretical and practical techniques of managing a workforce. (1)
The Web. 6 Apr. 2012. The. Gueutal, Hal G., and Dianna L. Stone (eds.). "Chapter 9 - The Next Decade of HR—Trends, Technologies, and Recommendations".
Human Resource Management (HRM) is fundamentally another name for personnel management. It is the process of making sure the employees are as creative as they can be. HRM is a way of grouping the range of activities associated with managing people that are variously categorised under employee relations, industrial/labour relations, personnel management and organisational behaviour. Many academic departments where research and teaching in all these areas take place have adopted the title department of human resources management. HRM is a coordinated approach to managing people that seeks to integrate the various personnel activates so that they are compatible with each other. Therefore the key areas of employee resourcing, employee development, employee reward and employee involvement are considered to be interrelated. Policy-making and procedures in one of these areas will have an impact on other areas, therefore human resources management is an approach that takes a holistic view and considers how various areas can be integrated.