Human Resource Management
Human Resourcce Management
The management of the organisation's people is now identified as the key variable determining whether a business succeeds or fails in the current competitive circumstances of the world economy.
About Human Resource Management
Human resource management (HRM) describes the range of strategies to achieve competitive advantage by matching the needs of the business to satisfy the customer with the reasonable aspirations and potential of the people employed in and by the business.
As part of this process, businesses frequently restructure, review their managerial processes and redefine their value systems. The HR specialist potentially plays a key role in all the organisational initiatives necessary, both to decide potential directions of change and to implement chosen strategies.