Human Resource Management (HRM)

Role of HR Contribution to Organizational Competitive Strategy Free Essay Samples & Outline

Human Resource Management (HRM) is a familiar concept in business studies. It encompasses three important words; ‘human’ ‘resources’ and management. Although resource is an ambiguous concept, this concept has to do with management and people. It involves management-placing people in the domain of business (American Management Association, 14; Burke & Coope, 19). Although HRM has been defined variously, it involves management of employment and development of committed and capable workforce that adds to an organizations’ competitiveness (Rennie, 3; Waal, 18). So, the acquisition and retention of a qualified and competent workforce is the core function of HRM.