Human Resource Management (HRM) is the integrated use by an organization of systems, policies and management practices to recruit develop and retain employees who will help the organization meet its goals. HRM plays an important role in assuring employee satisfaction, improving performance and productivity. This can further an organization's competitive advantage, and directly contribute to the organization's success.
HRM is not just an issue for an organization's HRM department or for HR professionals. It is also the responsibility of leaders and managers, who exercise HR functions with their staff every day. HRM provides managers with skills and tools to enhance their own performance and the performance of their employees.
By using these tools and working closely with HR professionals, managers can help build their employees' capabilities and strengthen employee commitment to the organization. This in turn will strengthen individual and organizational performance, and further the organization's ability to meet its goals according to performance objectives and standards.
As human resources have become viewed as more critical to organizational success, many organizations have realized that it is the people in an organization that can provide a competitive advantage. throughout the book it will be emphasized that the people as human resources contribute to and affect the competitive success of the organization. Human Resource (HR) management deals with the design of formal systems in an organization to ensure the effective and efficient use of human talent to accomplish organizational goals. In an organization, the management of human resources means that they must be recruited, compensated, trained, and developed.
Three HRM Activities used by an Organization:
Human Resource Management (HRM) is an effective Management policy of the people at work. It's functions inclusive a wide range of activities. One of the key factors in HRM is that to analyze and identify the...