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Human Resource Management

Recognition of Human
Resources as human capital
Trends in the Nature of Work

Changes in How We Work

High-Tech Service Knowledge Work


Jobs Jobs and Human Capital
The Changing Environment of Human
Resource Management

Globalization Trends

Technological Trends

Trends in the Nature of Work Changes

the new Trends in Human Resource Management


Defining HRM & HCM

 Human resource management also known as human resource can be


regard as the people management department within a business
organization. The primary purpose of HRM is to ensure people
resources are effectively managed, supported and developed in order
to improve performance, maximizing return on investment

 Human capital As defined by economists, refers to sets of collective


skills, knowledge, and ability that employees can apply to create
economic value for their employers.
Meeting Today’s HRM Challenges

The New Human Resource


Managers

Acquire broader
Focus more on Find new ways
business
“big picture” to provide
knowledge and
(strategic) transactional
new HRM
issues services
proficiencies
Important Trends in HRM

The New HR
Managers

Strategic High-Performance
HRM Human Work Systems
Resource
Management
Evidence-Based Trends Managing
HRM Ethics

HR
Certification
High-Performance Work Systems

Increase productivity and performance by:


 Recruiting, screening and hiring more effectively

 Providing more and better training


 Paying higher wages
 Providing a safer work environment

 Linking pay to performance

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