Human resource management has evolved over time from a personnel management perspective in the late 18th century through the industrial revolution to the modern HRM phenomenon between the 1970s and 1990s. It is now focused on human capital management in the 21st century. HRM aims to leverage organizational culture and capabilities through effective management of people, attracting and retaining top talent, and making HR a critical executive function. The scope of HRM encompasses developing and maintaining a qualified workforce through training, compensation, health and safety, and other activities.
Human resource management has evolved over time from a personnel management perspective in the late 18th century through the industrial revolution to the modern HRM phenomenon between the 1970s and 1990s. It is now focused on human capital management in the 21st century. HRM aims to leverage organizational culture and capabilities through effective management of people, attracting and retaining top talent, and making HR a critical executive function. The scope of HRM encompasses developing and maintaining a qualified workforce through training, compensation, health and safety, and other activities.
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Human resource management has evolved over time from a personnel management perspective in the late 18th century through the industrial revolution to the modern HRM phenomenon between the 1970s and 1990s. It is now focused on human capital management in the 21st century. HRM aims to leverage organizational culture and capabilities through effective management of people, attracting and retaining top talent, and making HR a critical executive function. The scope of HRM encompasses developing and maintaining a qualified workforce through training, compensation, health and safety, and other activities.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
Late 18th century industrial revolution in England Development from the post-World War II until the 60’s
Human resource management (HRM) phenomenon from
the 70’s to 90’s
Next development: Human capital management (HCM) in
the 21st century The Nature of Human Resource Management
‘The real sources of competitive leverage are the
culture and capabilities of your organization that derive from how you manage your people.’ ‘The whole emphasis on people demands that top management attract, cultivate and keep the best workforce they can possibly find.’ ‘The role of HR is becoming as important if not more than any other executive leadership function.’ Scope of HRM Take Aways