Human Resource Management

At the heart of every successful business people is the resource who make the things happen. People is an asset that drive an organizational continues development and sustainable growth which includes the collective attitudes, skills, abilities, and knowledge base of an entire workforce. Every organization needs well adjusted, trained and experienced people to perform its activities efficiently and effectively.

Evolution of Human resource management was done through Personnel management. Key principle of Personnel management was to get the works done from employees for the remuneration payment. In that era employees were not get much of interactions with the management & decision making. Employees were treated as tools not as assets. It’s much more Inflexible control oriented & organizational oriented.

But when the time of Human resource management get evolved, they got understand that the requirement of manage the human resource in most efficient and effective manner to have their optimum utilization. Human resource management is a comprehensive and coherent approach about how people should be managed. It is more focus on organizational performance effectiveness through management as well as how people should be treated through management. 

Human Resource Management is a strategic & comprehensible approach to the management of valued assets who are working at the organization to achieve its objectives (Armstrong, 2006)

Its involves basic management functions such as Planning, Organizing, Directing & Controlling.

Human Resource Management concerned with attract, develop engage and inspire workforce in an organization. Human resource management deals with activities related to employees such as hiring, training, development, compensation, motivation, administration and etc.

Strategic Human resource management plays a vital role in the current business context the rapid changes in the world.

SHRM is a process that used to develop HRM strategies, which are integrated horizontally with other businesses and vertically with the business strategy of the organization. Its shows the direction of identifying competitive advantage of main sources and then the directions to achieve the targets through action plan & then the implementation (Anyangwe, 2017)

Organizations will be benefited broadly when they functioning the Strategic HRM in their organizations such as, 

• Healthy Organizational Culture
• Long term decision making
• Achievement of competitive advantage
• Skilled, motivated and highly committed workforce
• Effective & efficient productivity
• Work life balance
• Build and maintain strategic capabilities
• Well integrated & developed HR strategies, policies and plan 

References

Anyangwe, X., 2017. STRATEGIC HUMAN RESOURCE MANAGEMNET, s.l.: s.n.

Armstrong, 2006. A Handbook of Human Resource Management Practice. 10 ed. s.l.:Kogan Page Limited.