Organization is a group of people established either formally or informally for the attainment of certain objectives. People are the foundation of any organization and they are playing an important role in an organization. They are the people who staff, lead and control organizations. Person involved in an organization referred as human resource. Human resource is the set of individuals who make up the workforce of an organization, business sector, or economy .Simply, the overall management of such personnel in an organization is called human resource management (HRM). Human resource management means the proses of managing human talents in organization. Human resources are an organization's greatest assets because without them, everyday business functions such as managing cash flow, making business transactions and dealing with customers could not be completed. Human resources and the potential they possess are key drivers for an organization’s success. Globally, the term of Human Resource Management has been used by scholars, academic and practitioners. According to the Invancevich and Glueck (1979), “HRM is concerned with the most effective use of people to achieve organizational and individual goals. It is the way of managing people at work, so that they give their best to the organization”. (Glueck, W.F. (1979), Foundations of Personnel, Texas: Business Publications Inc ).According to Gray Dessler (2011), “The policies and practices involved in carrying out the ‘people’ or human resources aspects of a management position, including recruiting, screening, training and appraising.(Dessler, G. What is Human Resource Management.13th ed. Florida International University, pg4-5).
Human resource management (HRM) is a term used to describe a set of tasks aimed at effectively managing an organization’s employees, commonly known as its human resources or human capital. HRM professionals oversee the business of managing people in an organization, which includes compensation, benefits, training and development, staffing, strategic HR management and other functions. In today’s competitive environment, Human Resource management is critically important to remain viable in the global marketplace. As a result, HR plays a pivotal role in the world—because people are truly the only thing that differentiates one business from another. Organizations may replicate processes, materials and structures of other successful organizations, but only the talent of an organization makes it unique and distinguishes it from all its competitors.
2.0 TREND DEVELOPMENT OF HUMAN RESOURCE MANAGEMENT
A number of academics and practitioners in the past have contributed a great deal to the development of HRM. The history of its development goes back to the early management pioneers, Robert Owen (1771-1858) and Charles Babbage (1792-1871). Similarly, other developments such as the industrial revolution, the principles of scientific management, the classical organization theory and more recently, the behavioral science movement and the organization development movement have influenced the development of personnel management and HRM. The trend of the development can explained through following periods. There are Early Scientific Management, Scientific Management, Human Relationships Movement and The New HRM Era. On Early Scientific Management, The history can be track back to the origin of personnel Management. In the beginning of 18th century, many mason, carpenter, leather workers and people of other crafts organized themselves into guilds. In the later part of 18th century, the welfare concept was developed by some prominent family business houses in UK. Industrial Revolution started from the late 18th century. Labor was treated from the late 18th century. Labor was treated as commodity to be bought or sold. There was strict system of punctuality and rigorous working rules. On Scientific Management Era, F.W Taylor focused on the study...
Please join StudyMode to read the full document