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  • Essay / Human Resource Management (HRM) - 2340

    Many business leaders such as John Chambers of Cisco Systems and Howard Schultz of StarbucksTM view their organization's employees as their assets and want to ensure that the talent they have they have is retained and works with the same enthusiasm and satisfaction for years to come (Jackson, Schuler and Werner., 2009). Those labor resources who work in organizations doing various works in exchange for payments, incentives and other benefits are called human resources (HR) and the people who manage the resources i.e. say their recruitment, their salaries, their performance evaluators, are known as human resources personnel (What is it? Human Resources, 2010). Human resources push the company to do its best using available finances, knowledge, and other resources. These human talents must be managed and nurtured to ensure that the organization's goals are achieved. The function that enables this task is called human resource management (HRM) (Bohlander, G. & Snell, S., 2007). HRM ensures that human talent is used effectively by performing the following basic functions such as workforce planning, recruitment, performance management, training, development, salaries, benefits and industrial relations (Dowling, JP, Festing, M., & Engle, DA, Sr., 2008). Wilton (2011, p.6) states that decades ago, the organization had a separate department that was considered to have more administrative functions, such as working on payroll, maintaining leave records , conducting training related to security and commercial relations. unions (industrial relations), etc. known as the Personnel Department which also managed HR activities. However, in the mid-1980s, more attention was focused on people management techniques which have now emerged to become people...... middle of paper .......com/? What-is-Strategic-Human-Resource-Management?&id=549585Storey, J. (2007). Human resource management: a critical text (3rd ed.). London: Thomson Learning. Storey, Wright, Ulrich. (2009). Routledge Companion to Strategic Human Resource Management (1st ed.). New York: Routledge. The services sector, High employment with low productivity growth prospects for emerging economies. (2010). Accounting Business and the Public Interest, 9, 125-146. What is human resources. (September 17, 2010). Retrieved from http://www.hrconsultingadvisor.net: http://www.hrconsultingadvisor.net/hr-backbone-of-an-organization.htmlWilton, N. (2011). An introduction to human resources management. London: Sage Publications. Wright & Boswell. (2007). Desegregating HRM: A review and synthesis of research on micro and macro human resource management. Russian Management Journal, V5, N1.