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Human resource.  

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Content 1. Preface 2. Fit between HR strategy and business strategy 3. Recruitment and Selection 4. Performance management 5. Conclusion p. 3 p. 5 p. 9 p. 12 p. 15 Bibliography p. 16 1. Preface Different people, at different times, have different perceptions of what human resource is about. However, HR is now increasingly being viewed as an important strategy needed to fulfil final corporate goals. As defined by Keenoy in 1990, HRM is a method of maximizing economic return from labour resource by integrating HRM into Business Strategy. And as defined by Storey in 1995, HRM is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic development of a highly committed and capable workforce, using an integrated array of cultural, structural and personnel techniques. These definitions definitely reveal the importance of HR strategy in achieving corporate goals. As shown in illustration 1.1, corporate goals to be achieved, when associated with HR, should go through the process of HR...

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