Human Resource Management has evolved considerably over the past century, and experienced a major transformation in form and function primarily within the past two decades. Driven by a number of significant internal and external environmental forces, HRM has progressed from a largely maintenance function, with little if any bottom line impact, to what many scholars and practitioners today regard as the source of sustained competitive advantage for organizations operating in a global economy.
The role of the Human Resource Management Function in the 21st Century. 1.
Strategy execution by helping to improve planning from the board room to the market place. Organizations today are striving to increase productivity, improve service, and ensure that the company can adapt to ever-changing business conditions. And success on all this front depends on the organization’s people—an asset that executives regularly cite as a primary differentiator in a fast-moving, knowledge-driven world. Human resource management plays a significant role in trying to achieve this by being involved at the strategy, policy and decision making process. The human resource management team ensures this is delivered by recruiting and selecting the right and qualified staff to ensure the goals and objectives of the organization are achieved. That is human resource managers establish a clear understanding of the talent base they have at their disposal or whether they need to recruit from outside. An example is where an organization is forecasting for their demand and supply of employees when planning for the organization to achieve the set objectives or goals. This is attained through Human resource Planning.
An agent of continuous transformation, shaping process and a culture that together improve an organization’s capacity for change. With a turbulent environment, organizations have to continuously transform themselves in order to compete effectively for the limited...
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