Human Resource Management

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I. INTRODUCTION

People are the key to business success. However nowadays of business this is often neglected and people are seen to be a necessary expense. A successful business does not just rely on a person’s power instead it involves continuous effective teamwork and communication. Storey (1995) defines that human resource management is an individual approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an integrated array of cultural, structural and personnel techniques.

II. THE ROLE OF HUMAN RESOURCE MANAGEMENT

Human resource management involves several of practices such as recruitment/resourcing, administration, selection, performance and reward management, talent management, labour relations and training and development. An efficient and effective human resource management ensures the effective utilization of resources so that goals can be achieved. Organization aiming to utilize their resources efficiently invites the HR department to create required objectives and policies. It also helps maintain a proper organizational structure by defining each employee’s positions, rights, duties, accountability and responsibility. Fapohunda (2012) states that human resource management concerned with the development and successful operation of human resources to achieve organizational goals and objectives. He also mentioned that it is the management task through which managers recruit, select, train, and develop organization members.

Besides, human resource management provide a respectful and peaceful working environment for each employee. A series of great facilities and opportunities to employees for their career developm...

... middle of paper ...

...ion to Business, 4th Edition. Natrop Boulevard Mason, USA: Thomson Higher Education.
Priyanka, S. (2010). HRM Innovation Strategies in Recession: A New Paradigm. International Journal of Economics and Business Modelling , Vol.1, Issue 1, 2010, pp-29-36.
Storey, J. (1995). Human Resource Management: A critical text. Routledge, London.
Sullivans, J. (25 Feb, 2013). How google became the #3 most valuable firm by using people analytics to reinvent HR. Retrieved 25 Jan, 2014, from Recruiting Intelligence Recruiting Community: http://www.ere.net/2013/02/25/how-google-became-the- 3-most-valuable-firm-by-using-people-analytics-to-reinvent-hr/
Syed, R. M. (01 January, 2011). The Brunei Times. Retrieved 04 February, 2014, from Royal nod to extend maternity leave up to 105 days: http://www.bt.com.bn/ news-national/2011/01/01/royal-nod-extend-maternity-leave-105-days

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