The Nature of Human Resource Management
Human Resource Management (HRM) takes a strategic approach in developing and maintaining a qualified workforce to gain a competitive advantage. The role of a Human Resource Manager in the strategic process is to focus on the specific areas that will contribute to the overall effectiveness of the organization. If you were an HR Manager, on which would you focus? Give a rationale for your choice(s).
- Knowledge workers — Seeking individuals who have the skillset to perform the specific functions of the job
- Financial Crisis — Ensuring the organization can meet financial obligations when the external environment (economy, laws) negatively affects the organization and prevents it from meeting forecasts for annual sales.
- Ethically and socially responsible to the needs of society.
- Work life balance for all employees.
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