HR Topics



Conclusion

Chapter 24 of Human Resource Management in a Business Context (3rd Edition 2007) by Alan Price - published by Cengage

Contents

Objectives

The purpose of this chapter is to:
  • Evaluate whether or not HRM has been meaningfully implemented and, if so, to what extent
  • Investigate the form it may take
  • Determine the principal driving forces for the implementation of HRM
  • Summarize evidence for its effectiveness
  • Consider trends and future developments for the human resource function.

Sections

Summary

This chapter reviews the present state of HRM and its likely development in the near future. The adoption of human resource management has been driven by a range of stakeholders with different interests and expectations. It has been interpreted differently around the world but globalization has encouraged an increasing convergence. In recent years, improvements in HR metrics have resulted in clear evidence for the effectiveness of HRM initiatives, especially when they are delivered in strategic 'bundles'. HRM also overlaps with other management approaches such as human capital management, talent management and knowledge management and this trend is likely to continue. HR specialists are no longer able to focus solely on their own local employment markets as global competition and outsourcing become dominant factors in the allocation of human resources.

Chapter 23

Human Resource Management in a Business Context

Human Resource Management in a Business Context, 3rd edition
 Human Resource Management in a Business Context provides an international focus on the theory and practice of people management. A thorough and comprehensive overview of all the key aspects of HRM, including articles from HRM Guide and other sources, key concepts, review questions and case studies for discussion and analysis.
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