hrm-definition

HRM can be considered a “set of interrelated policies with an ideological and philosophical underpinning.

The terms ‘Human Resources’ (HR) and ‘Human Resource Management’ (HRM) have typically upgraded the concept of a ‘Personnel Management’ as a justification of the functions involved in managing people in organizations.

HRM is termed as a strategic as well as defined method to the management of most valued Resources of an organization – the people working there who independently as well as jointly play a role in the accomplishment of its goals and objectives.

Storey (1989) states that HRM can be considered a “set of interrelated policies with an ideological and philosophical underpinning.”

Storey recommends four facets that constitute the purposeful version of HRM:

  1. A particular constellation of values and assumptions
  1. A strategic thrust informing decisions regarding people management
  1.  The core participation of line managers, and
  1. Reliance upon a set of ‘levers’ to better shape the employment relationship.

Byars & Rue (2006) states Human Resource Management as “a system of actions and approaches that emphasis on effectively managing workforce at all stages of an organization to accomplish organizational goals.”

To be able to build a high-performance as well as effective workforce, the organization should apply human resource management knowledge in the following key organizational areas:

  1. Establishment of a legal as well as ethical management system
  1. Job evaluation and job design
  1. Recruitment and selection
  1. Training and development
  1. Employee motivation
  1. Strategic Planning

Human Resource Management is a “a system of actions and approaches that emphasis on effectively managing workforce at all stages of an organization to accomplish organizational goals.

 

Human Resource Management: Definitions & Key Knowledge ?

Effective People Management | Motivation | Job Design | Reward Systems

Expectancy Theory | Essentials Of Motivation | Instrumentality | Valance

Job Design | Key Motives | Characteristics of Jobs and People | HR

Collective Approaches to Job Design | Job Enrichment | Job Rotation

Strategic Reward System | Aims | Approaches | Policies | Practices

Hierarchy Of Needs Theory | Maslow’s FIVE Needs Systems | Motivation

Impacts & Implication Of Hierarchy Of Needs Theory On HR Management

Advantages, Disadvantages & Limitations Of Maslow ’s ‘Hierarchy of Needs’ Theory

Frederick Herzberg ’s Two-Factor Theory of Motivation | Motivation-Hygiene

Implications, Limitations & Suggestions of TWO-Factor Theory of Motivation

Theory X and Theory Y | McGregor and Leadership | Motivation | HR

The Hard and Soft Approach of Theory X | Key Issues with Theory X

Management Implications of Theory Y | Motivation | Leadership

Challenges and Limitations of Theory X and Theory Y | Motivation

ERG Theory of Motivation | ERG Model Vs ” Hierarchy of Needs ” Theory

Evaluation of ERG Theory | Advantages | Disadvantages | Validity