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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...
Druvi
ReplyDeleteVery good and crative article.clear and easy to understand .keep it up
Excellent article. Waiting for next chapter 🤗
ReplyDeleteDruvi
ReplyDeleteVery good and useful article ....
Thank you Nadee,Prathap and pathum for the encouraging words
ReplyDeleteGood work bro keep it up
ReplyDeleteVery interesting Article Druvi, very important to our professional life...!
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ReplyDeleteThanks a lot Raheem and Manjula.
ReplyDeletewow impressive
ReplyDeleteVery interesting article Which gives a clear understanding on the basics of HRM. Thnx for sharing Druvi
ReplyDeletevery informative article....
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