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).
Discuss the Resource Based Approach to strategic HRM as a better alternative and its managerial implications in terms of HR actions
This artifact was a seminar paper written as a literature review to address topics, theories, issues, and trends in HRD in the course Seminar in Human Resource Development. This artifact considers strategic human resource management (SHRM) practices in terms of what human resource (HR) practitioners are doing and how it affects the organizations they are doing it in and the field of human resource development (HRD). Definitions of SHRM are represented as; a human resource system designed for the mandates of business strategy and a planned model of human resources activities to allow the organization to achieve its goals. It reports SHRM information found in literature and relates it to the study of HRD. I selected this artifact because it compares and contrasts SHRM approaches of HRD and analyzes each of their strengths and weaknesses. Additionally, the artifact evaluates and clarifies the importance of SHRM to HRD and its purpose and goal within an organization.
The table below gives us a glimpse into the main functions of SHRM and its differences from traditional functions and responsibilities of HRM:
Leadership in Human Resource Management (HRM) and Human Resource Development (HRD) have strong associations to people based initiatives within an organization. Employee actions and behaviors are inﬂuenced by HRM practices such as stafﬁng, evaluation of employees, and incentives or rewards, and HRD practices such as training and career development. HRM is tasked with making the best possible use of the organizations human resources, while HRD is an extension of HRM that focuses on the development of the organization’s manpower.
In organizational level, a successful Human Resources Development program makes the individual to carry out a higher level of work. In these settings, Human Resources Development is the sketch that accents on the organizations aptitudes at the first stage, training, and then developing the staff, through teaching, to please the organizations long-term requirements and the individuals’ career objectives and add value to their present and future
This paper examines the positive and some negative aspects of Strategic Human Resource Management (SHRM) and explores the varying possibilities used to successfully facilitate SHRM within organisations. The significance and advantages of SHRM for organisations is vast and historically evident, consequently the vast literature pertaining to SHRM benefits, restricts a comprehensive report covering all aspects and therefore is beyond the limitations of this paper.
Human resource management faces many challenges and operates in a constant environment of change. Two of the most important challenges to the role of human resource management in the future is the ability to move to a strategic human resource model and the capacity
A. Introduction Why is human resource management important? What is Strategy? Are strategies deliberate and planned? What is Strategic HRM? What are the outcomes of an HR strategy? What different models are there of HR strategy? How is Strategic HRM Different from Other Aspects of HRM? So what determines an organisation 's HRM strategy? Is legal compliance strategic? So is responding to ethical issues strategic? So is corporate social responsibility strategic?
The very growth and survival and growth of the organisation depends on the development of human resource development. The Human Development Resource programmes have become routine now in the organisations. Gone are the days when employees were treated as part of the machine. Now new awakening has emerged.
Human Resource Development is vital for an organisation that would like to be active and productive. Human Resource compared to other resources, it has a rather absolute hidden capabilities. This can be used in development of people. Human Resource Development helps to readjust to changes through the development of human resource in terms of ability and skill so Human Resource is needed to cultivate the change in external environment of an organization. (Accounting-Management, 2015) It is a methodical process in which individual or groups are cultivated to obtain new competencies and make them more independent and enhance their effectiveness in realizing their goals.
HRM on a whole is a loop function of developing the employees in every stage; recruitment and selection, retention through employee participation in the given task. Motivating the employees is an ongoing task. Employees are motivated by providing them freedom and appreciating their effort from time to time. Training and development is an important employee involvement initiative . While training is upgrading the skills required to increase the efficiency and productivity of an employee, development is an after effect of trainings. Human resource management also boosts the leadership qualities in the employees. As leadership is an ability to translate vision into reality, HRM develops the leadership qualities in the
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