The definition of Human Resource Management

DEFINITION OF HUMAN RESOURCE MANAGEMENT

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[Author 's Name]

22 November 2010

Definition of Human Resource Management

Introduction

Successful management of human resources is the core element of sustained profitability and competitiveness in organizations Contemporary businesses treat their employees as the most valuable asset and the source of competitive advantage . However , managing employees and their talents is impossible without developing and implementing effective management systems . Human resource management is designed to aid organizations and its professionals in managing the pool of talents more effectively

That human

resource management is an indispensable component of effective performance in organizations cannot be denied . Nevertheless how to define the term human resource management ' remains the subject of considerable professional debate . According to Mathis and Jackson human resource management is designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals . However , this definition of human resource management looks incomplete : the scope of HRM is not limited to managing human talents but emphasizes that human resources are vital for achieving sustained competitive advantage . HRM exemplifies the system of practices and solutions , which must be successfully integrated with the organizational strategies , to help businesses meet their equity and efficiency objectives . Different organizations treat HRM differently and a common consensus regarding the definition and functions of HRM is not easy to achieve . Yet , most organizations recognize that HRM in organizations is designed to fulfill a set of standard functions . These functions help businesses to organize their HR decisions around their strategic...