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Human Resource Management, or HRM, is relatively new to many countries; however, in the United States of America the term has been employed for over fifty years.
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Human Resource Management, or HRM, is relatively new to many countries; however, in the United States of America the term has been employed for over fifty years. It appeared as a personnel function system, which promised flexibility, responsiveness, and a noticeable increase in the value of the employee. In addition, HRM promised to increase importance to the individual and the longer-term strategic issues due to the reduction in heavy industries and increase in services and high technology in the most productive way. This approach to personnel amplified in the late eighties, due to increasing globalisation, increased competitive pressures, and a generally ruthless business environment. It is these issues that initiated managers to improve internal corporate efficiency therefore improving external competitiveness. This resulted in the expansion of all resources, including the human resource. There does not seem to be a single definition of the term 'Human Resource Management' (HRM) which both people...
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