The importance of HRM
Why Human Resource Management (HRM) is important for organizations today to make their Human Resource into a competitive advantage
Mr. CHUOP Theot Therith (2009), MBA, BIT, DPA
1. INTRODUCTION Day-to-day Human Resource Management is very important for the organization to get more powerful and develop its self to be the standard and success one. So, even nowadays economic recession but it’s not very effected to all companies in the world only seriously in the USA and EU. However, they do not cut all staffs but is still remain the professional, main staffs for running the companies. So now for the individual assignment of HRM in MBA program – BBU is requires spreading out one topic “Why HRM is important for organizations today to make their human resources into a competitive advantage and how it can contribute to doing this?” The purpose of this essay is to research and more understand the academic literature on the contributions of HRM in terms of its strategic roles and competencies required today in distributing to the business needs and the strategic objectives of a firm through its people in order to gain competitive advantage. The methods to tackle the main issues asked are: (i). try to understand well what the topic means, its terms and must be clearly in structuring of assignment. (ii). Need to read academic literature, the lecture notes, and supplementary reading from others references book/documents. (iii). Do further research within Internet and library, (iv). Do thorough review the literature of the topic and (v). Make good discussion and properly conclusion.
HRM plays an important role in assuring employee satisfaction, improving performance and productivity. This can further an organization 's competitive advantage, and directly contribute to the
organization 's success. When any organization start to vision their business, their first priority is to hire competent work force means right person on the right job
References: 8 A. Internet – via websites: - http://www.paho.org/English/GOV/CE/SPP/spp35_4-e.pdf - http://www.worldbank.org/html/extdr/hnp/hddflash/hcwp/hrwp038.html - http://www.id21.org/zinter/id21zinter.exe?a=0&u=3abb5dda - http://www.unaids.org/publications/documents/care/general/una0004e.pdf - http://www.engenderhealth.org/pubs/workpap/wp10/wp_10.html - http://erc.msh.org/hr/tools/hrdspen.htm - http://en.wikipedia.org/wiki/Human_Resource_Management/Functon - www.managementhelp.org/hr_mgmnt/hr_mgmnt.htm - http://www.towers.fr/essays/hrm.html. Retrieved on 2007-10-17 B. Book/Documents: - Chapter 24 of Human Resource Management in a Business Context, 2nd edition copyright © 1997-2006 Alan Price 2004. - Human Resource Management/Gaining Competitive Advantage page 27-28 - Academy of Management Executive, by R.Blackburn and B. Rosen. Copy right 1993 by Academy of Management reproduced with permission of Academy of Management via Copyright Center - Towers, David. "Human Resource Management essays". - Noe Hollenbeck Gerhart wright, Human Resource Management, Gaining a competitive advantage, 4th Edition, chapter 1, pp. 1-44 - Dr. Kenneth Kee, Reading material Topic 1: HRM – Introduction. Definition, purpose. 9