Human Resource Management Overview
Introduction Human resource management (HRM) has evolved into a huge industry in the business arena. The evolution and advancement of technology has created a global platform for HRM. The effect of globalization in many organizations has opened the door for HRM, and it is a crucial component for a successful business strategy and plan. This paper will define HRM, and discuss HRM’s primary function and role in an organization’s strategic plan. What is human resource management? “HRM is comprised of the staffing, development, motivation, and maintenance functions. Each of these functions however is affected by external influences” (DeCenzo & Robbins, 2007, p. 50). In HRM, staffing involves strategic human resource planning, recruiting and selection. It is important to select the right people for your organization. Recruiting is critical because it can make or break your business. Training and development consists of equipping the employees with the necessary skills and knowledge. Successful businesses have a vested interest in the employees. Inquiring about employee goals, family, strengths and weaknesses, and using that information to assist him or her in reaching their potential can improve productivity in your organization. For example, my company offers tuition reimbursement. That is an excellent benefit to take advantage of because I value education. I have a personal goal to obtain a MBA. Because my company is paying for my education, it serves as an incentive for me to continue working for the company and strive to move up the corporate ladder. In turn, my company reaps the benefit of the skills and knowledge achieved from the training and development. The maintenance aspect of HRM involves communication and safety and health. This portion of HRM is concerned with the well being of employees, and enhances the nature of...
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