The Evolution of HRM
Table of Contents
INTRODUCTION 2
OBJECTIVE 4
‘Disrespectfully’ 7
Define problem with HR 9
LITERATURE REVIEW
Overview The Evolution of HRM 11
The Early Years : Personnel Management 13 Enter Human Resources Management 15
Personnel versus Human Resources Management 17
Evaluate Accountability of HR 19 Organizational Systematic 21 HRM Research From A Perspective of Organizational Systematic 23 International Human Resources Management 24 Strategic International HumanResources Management 24 The Impact of Globalisation On HRM 26
METHODOLOGIES RESEARCH OF GLOBALIZATION ON HRM 28
DATA COLLECTION 30
DATA ANALYSIS 33
DISCUSSION AND CONCLUSION 36
REFERENCES 40
Introduction
As we enter the new millennium, more and more companies are recognizing the importance of managing their human resources as effectively as possible. They are also recognizing that doing so, however, cannot be done without recognition and incorporation of the global context. It is virtually impossible to read a business periodical or newspaper anywhere in the world without seeing stories detailing the success of a company due to how effectively it manages its people. As the environment becomes more global, managing people also become more challenging, more unpredictable and uncertain and more subject to rapid change and surprise. Thus what we are witnessing within human resource management (HRM) is the rapid appreciation for and development of all aspects of global and international activities and issues associated with and affected by HRM. And because the importance of managing people effectively in the global context is so great, many companies are devoting a great deal more time, attention, skill and effort into doing it well.
Worldwide socioeconomic developments such as globalization, increasing speed towards a service economy, shorter product life cycles, change in workforce demographics, focus on customer loyalty, the increasing war on the talent and
INTRODUCTION 2
OBJECTIVE 4
‘Disrespectfully’ 7
Define problem with HR 9
LITERATURE REVIEW
Overview The Evolution of HRM 11
The Early Years : Personnel Management 13 Enter Human Resources Management 15
Personnel versus Human Resources Management 17
Evaluate Accountability of HR 19 Organizational Systematic 21 HRM Research From A Perspective of Organizational Systematic 23 International Human Resources Management 24 Strategic International HumanResources Management 24 The Impact of Globalisation On HRM 26
METHODOLOGIES RESEARCH OF GLOBALIZATION ON HRM 28
DATA COLLECTION 30
DATA ANALYSIS 33
DISCUSSION AND CONCLUSION 36
REFERENCES 40
Introduction
As we enter the new millennium, more and more companies are recognizing the importance of managing their human resources as effectively as possible. They are also recognizing that doing so, however, cannot be done without recognition and incorporation of the global context. It is virtually impossible to read a business periodical or newspaper anywhere in the world without seeing stories detailing the success of a company due to how effectively it manages its people. As the environment becomes more global, managing people also become more challenging, more unpredictable and uncertain and more subject to rapid change and surprise. Thus what we are witnessing within human resource management (HRM) is the rapid appreciation for and development of all aspects of global and international activities and issues associated with and affected by HRM. And because the importance of managing people effectively in the global context is so great, many companies are devoting a great deal more time, attention, skill and effort into doing it well.
Worldwide socioeconomic developments such as globalization, increasing speed towards a service economy, shorter product life cycles, change in workforce demographics, focus on customer loyalty, the increasing war on the talent and