Human Resource Management (HRM) is now a term which is now widely used, yet loosely defined (Guest, 1987). So, what is HRM? What does it mean and what is its focus? “The focus on HRM is on managing people within the employer – employee relationship. Specifically it involves the productive use of people in achieving the organisation’s strategic business objectives and the satisfaction of individual employees needs.” (Stone, 1998) Derived from this and certain theories addressed later in this research, HRM in the field of organisational behaviour engages a set of policies designed to maximise organisational integration, employee commitment, flexibility and quality of work. With this perspective, and rapidly changing trends, it is no …show more content…
These mainly include cultural differences within the workforce, and differences in race, gender, religion, etc. Although these heavily comply with legal aspects, it is recognisable that regardless of this, there is still that responsibility of managers and employees alike to be ‘ethically correct’ which may involve hiring a person of a certain race, despite their particular beliefs (Boxahh, 1991). Furthermore, hiring someone that is suited for the job, with the qualifications to exceed levels expected, even though they may have a wheelchair or a different colour skin. In the rapid movement towards equal opportunity for all, this is an absolute must for firm’s today, and the managers should have open minds to all, as it may actually be more effective for the company hiring this person over another. There is limited amount of information concerning the ethical practices of HRM, and it is found that it is more a direct objective by the company, and the employees within that company that determine what is ‘ethically correct’ (Armstrong, 1992). There are many functions within HRM that may determine structures, morale and overall competitive advantage within the specific industry. These include; HR planning, Job Analysis, Job Design, Recruitment, Selection Career Planning and Training and Development.
The opening vignette gives a somewhat pessimistic view of the role of people in the workplace.
Human resource management is part of the human resource approach, which is evidently geared to allow organizations to benefit in two significant ways: increasing in the organization’s effectiveness and satisfying all of the employee’s needs. Organizational goals and
Human Resource Management (HRM) is a relatively new approach to managing people in any organization. It is concerned with the people dimension in management of an organization since people are considered the key resource in this approach. An organization is a body of people, their development of skills, their motivation for higher levels of attainment, their levels of commitment are all relevant activities.
Human Resources Management (HRM) terms had widely replace personnel management (PM) as in the process of managing people in the organizations. What actually is human resources management? Well, it is said that human resources management is an organization’s most valuable asset. Organization thinks that human resources department plays a huge role in terms of staffing, training and assisting to manage people so that the employee and the organization are capable to maximize the resources in the organization. (McNamara, 1998). Besides, in the global business, human resources management had effectively replaced other management traditions like Industrial Relations (IR) and Personnel Management (PM) as a tool to reshape
In today’s competitive business environment, human resource management (HRM) has shifted from being a business function to a strategic tool as organizations increasingly recognize its contribution to organizational performance.
Many experts tried to determine the scope and meaning of HRM through explaining various models and tried to differentiate between HRM and traditional personnel management in the recent past (Bratton & Gold, 2012). There are various models of HRM explained by various experts. According to the HRM model by Guest (1987), Personnel management focuses on rules and regulations and follows centralised approach. Whereas HRM is flexible and decentralized approach focusing on the business strategy (Marchington & Wilkinson, 2008). When HRM strategy is applied in an organisation people policies and strategies are linked
A Comparative study of Contemporary issues in HRM faced by the Indian and Nepalese Hotel and Restaurants Business in Amsterdam, Netherlands
During the 1980’s, a new management concept referred to as ‘Human Resource Management’ (HRM) became very fashionable. At that time, many academics questioned whether HMR was simply a renaming of the previously known personnel management (PM) tool, or whether it was, as some claimed, ‘a radically different philosophy and approach to management of people at work’ (1). Firstly, it seems appropriate to define HRM. However, the definition of HRM this has been widely debated, and so
Human resource management is one of the multi-faceted functions which enable a given organization to keep running in a controlled and well-planned manner. The primary definition of human resource management refers to the "process of managing people in organizations in a structured and thorough manner. This covers the fields of staffing (hiring people), retention of people, pay and perks setting and management, performance management, change management and taking care of exits from the company to round off the activities" (managementstudyguide, 2012). A secondary definition of HRM Management involves balancing people and arranging one's workforce from a macro point of view (managementstudyguide, 2012). From this perspective human resources management concerns itself with enabling its employees, developing their skills and objectives and furthering the strength of the rapport between the supervisory staff and team members (managementstudyguide, 2012). Given this dual function and the split focus of human resources management, designating the competencies that a HR practitioner should possess is extremely important.
Storey (2007, p.7.), defines HRM of today as and I quote, “Human resource management is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce using an array of cultural, structural and personnel techniques.”
Human resource management or mostly named simply as HRM is a strategic method thoroughly thought out for managing industrial relations which accentuate the fact that workforce efficiency and commitment are the key factors in achieving constant competitive advantage or high quality work performance. This is accomplished through a peculiar set of integrated employment policies, programmes and practices intruded in an organisational and social context (Bratton and Gold, 2012). The new HRM model is created from the strategies that contribute mutuality – reciprocal targets, influence, respect and responsibilities. The theory claims that these methods of mutuality educe involvement in a common activity and therefore implementation of the
Human Resource Management is “the process of managing people in a company as well as managing the existing inter-personal relationships” (J. Suli, What Is Human Resource Management, 2013). Key to the success and growth of any business, the HR department is commonly known for taking care of issues and creating strategies for effective employee recruitment and development in a business. However, nowadays, because of the intense competitive market and ever-changing demands, in order for an organisation to create competitive advantage and add value to its corporation, different workforce management mechanisms have to be implemented. These high investments on human resources function have been more eminent for the past decade and
The world of business has encountered a myriad of misfortunes in the past two decades, where the best-intentioned human resource processes attempting to align human resource practices with organisational goals have become mismatched. Due to external factors such as globalization, advances in technology and changing views regarding the importance of human resources as a competitive advantage for organisations, the nature of work has been redefined (Horwitz, Heng, & Quazi, 2003). This has caused human resource management to become more than just a function, but a strategic partner within corporations that contributes to organisational success (Todericiu & Serban, 2013).
Human Resource Management (HRM) has effectively been an integral part of organizations’ since the end of the 19th century. There has been continuous shift in name change, focus and responsibilities of HRM, with the role progressively evolving since the days of the industrial revolution, reflected in the change of terms from Welfare Officers, Personnel Management, Human Resource Management (HRM) and most recently Strategic Human Resource Management (SHRM).
Within this essay an in depth analysis will be conducted on the difference between Human Resource Management and Strategic Human Resource Management using contemporary perspectives. Human Resource Management (HRM) is the process of managing human resources in a systematic way. It is a practice devised to maximise the performance of employees and is concerned with the application of management principles to manage organisational personnel while paying attention to the policies and systems of the entity (Delaney & Huselid, 1996). Strategic Human Resource Management (SHRM) is a function of management which entails development of policies, programmes and practices related to human resources, which are aligned with business strategy so as to achieve the strategic objectives of the organisation (Patrick M. Wright, 1992). Its primary purpose is to improve the performance of the business and maintain a culture that encourages innovation and works continuously to gain competitive advantage. In this essay the Resource-Based View, High Performance Management and High Commitment Management perspectives of Strategic Human Resource Management and Traditional and Collaborative