What Is Human Resource Management?
Human Resource Management (HRM) is simply about recruiting and managing of any organization’s employees. Even though at its core it is even more; HRM focus on finding people to recruit and taking care of everything about their requirements, in order to make them feel good and stay in the company for a longer period or until company wants him or her. When we say, taking care of everything about the peoples, it can be personal, mental and business all the time. For some companies, main focus will be on knowledge about the operations and processes within the company. They deals more with training, coaching, consulting, advices and never resting operational excellence.
Always, HR departments are directly responsible for development of any organization. They are charged with oversight responsibilities to ensure that their organization appropriately builds teams and inspires employee empowerment.
Consultants note that modern human resource management is guided by several overriding principles. Perhaps the paramount principle is a simple recognition that human resources are the most important assets of an organization; a business cannot be successful without effectively managing this resource.
Another important principle, articulated by Michael Armstrong in his book A Handbook of Human Resource Management, is that business success “is most likely to be achieved if the personnel policies and procedures of the enterprise are closely linked with, and make a major contribution to, the achievement of corporate objectives and strategic plans.” A third guiding principle, similar in scope, holds that it is the HR’s responsibility to find, secure, guide, and develop employees whose talents and desires are compatible with the operating needs and future goals of the company. Other HRM factors that shape corporate culture—whether by encouraging integration and cooperation across the company, instituting quantitative performance measurements, or taking some other action—are also commonly cited as key components in business success. HRM, summarized Armstrong, “is a strategic approach to the acquisition, motivation, development and management of the organization’s human resources. It is devoted to shaping an appropriate corporate culture, and introducing programs which reflect and support the core values of the enterprise and ensure its success.”