Tuesday 24 October 2017

A Definition to Human Resource Management

Google Imagers
Human Resource Management has been defined by many scholars over the past years proving different explanations to the title. The fast growing hi-tech Business Word where companies are fighting for their part of market share, the valve of Employee is beyond to what they deliver to the employer. HRM in this new world play’s a major roll.  Connecting both the Employer and the Employee while understanding both parties’ prospects on one platform while keeping the Company’s future goals intact with the right tools, so that people and the management achieve required industry growth in harmony.

 Definition 
 ‘Human resource management (HRM) is concerned with all aspects of how people are employed and managed in organizations. It covers the activities of strategic HRM, human capital management, knowledge management, corporate social responsibility, organization development, resourcing (work force planning, recruitment and selection and talent management), learning and development, performance and reward management, employee relations, employee well-being and the provision of employee services’ (Armstrong 2014)
Taking in to consideration the above, Armstrong speaks about the apprehensive topics and aspects that HRM covers in Strategic HRM such as, People Management, Company's Social Responsibility and development, Employing and hiring correct people, Learning and Motivating, Rewarding and awarding, Relationship between Management and staff, well-being of all employees while using Strategic Managerial procedures to company’s growth.

Furthermore Watson (2010: 919) explains 'HRM is the managerial utilization of the efforts, knowledge, capabilities and committed behaviors which people contribute to an authoritatively co-ordinate human enterprise as part of an employment exchange (or more temporary contractual arrangement) to carry out work tasks in a way which enables the enterprise to continue into the future’.
 Here we understand that the key elements of Efforts, Knowledge, Capabilities and Committed behaviors of people are the key for any Company or enterprise to achieve their objectives.

In addition it’s important to understand the goal's of HRM as Armstrong, M (2014), pp 5, Discusses  the main goals for HRM.

HRM Goals:
  •  Support the organization in achieving its objectives by developing and implementing human resource (HR) strategies that are integrated with the business strategy (strategic HRM);
  •  contribute to the development of a high-performance culture;
  •  ensure that the organization has the talented, skilled and engaged people it needs;
  • create a positive employment relationship between management and employees and a climate of mutual trust;
  •  encourage the application of an ethical approach to people management
 The goals elaborate that HRM needs to support the organization by implementing HR practice in a line with the business plans, while developing an incorporated performance based environment. Furthermore it explains that HRM will find the right people who will deliver the employers objectives though creating the right mixture between management and staff, with trust. Finally the foremost is that HRM needs to mange people with proper People managing practice throughout the institute. These goals are the key to every HR manger in any corporate.

To be continued...

11 comments:

  1. Druvi
    Very good and crative article.clear and easy to understand .keep it up

    ReplyDelete
  2. Excellent article. Waiting for next chapter 🤗

    ReplyDelete
  3. Druvi
    Very good and useful article ....

    ReplyDelete
  4. Thank you Nadee,Prathap and pathum for the encouraging words

    ReplyDelete
  5. Very interesting Article Druvi, very important to our professional life...!

    ReplyDelete
  6. This comment has been removed by the author.

    ReplyDelete
  7. Thanks a lot Raheem and Manjula.

    ReplyDelete
  8. Very interesting article Which gives a clear understanding on the basics of HRM. Thnx for sharing Druvi

    ReplyDelete

Impact of Organizational Culture in contemporary context

Google Images Organizational culture is known to be the social and psychological environment of a company or organization. The Cultur...