波士顿assignment代写 Commerce Essay Commerce Assignment 美国作业代写
This assessment consists of two parts. Part A will illustrate what is Human Resource Management, its current models used along with the theories that underpin the practice. It will then further explain what does Human Resource Management consists of and how different it is from Personnel Management.
Part B will discuss on how managers can account for the growth of interest in Human Resource Management within organisations today and what factors are central to its continued appeal within such organisations and why?
The aim of this research is to:-
Understand what is HRM, and what does it consists of.
Identify the current models used in HRM and the theory that underpins the practice
Understand the difference between HRM and personnel management.
Determine the factors that promote the growth of HRM in an organization.
Part A: Human Resource Management
Definition of Human Resource Management
Human Resource Management (HRM) is an approach to manage the most valuable asset of the company which is the human workforce that individually or collaboratively contributes their ideas and physical efforts to an organization (Armstrong, 2008). Storey (1995) described HRM as ‘a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an integrated array of cultural, structural and personnel techniques.’ Beer et al, (1984) states that ‘all management decisions and actions that affect the nature of the relationship between the organization and its employees – its human resources.’
Models of Human Resource Management
2.2.1 The matching model of HRM
The matching model of HRM which was one of the first explicit statements of HRM made by the Michigan School, Fombrun, Tichy & Devanna (1984). They held that HR systems and an organization structure should be managed in a way that is corresponding with organizational strategy. They further explained that there is a human resource cycle, which consist of four generic processes or functions that are performed in all organisations. These are:
Selection – matching available HR to jobs
Appraisal – performance management
Rewards – reward short as well as long-term achievements
Development – developing high-quality employees.
Figure 2.1 The human resource cycle
Source: Fombrun, Tichy and Devanna, 1984