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These studies suggest that human resource management (HRM) has evolved into a strategic function that enhances organizational performance, innovation, and competitive advantage by focusing on employee development, effective use of human resources, and addressing unique challenges in various industries.
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Human Resource Management (HRM) is a critical function within organizations, focusing on maximizing employee performance to meet the employer's strategic objectives. Over the years, HRM has evolved from a basic administrative function to a strategic partner in business operations, influencing organizational success and competitive advantage.
Evolution and Strategic Role of HRM:
HRM and Organizational Performance:
Employee-Centric HRM:
HRM in Different Organizational Contexts:
HRM and Industrial Relations:
Human Resource Management has evolved significantly, becoming a strategic partner in achieving organizational goals. Effective HRM practices are crucial for enhancing organizational performance, fostering innovation, and creating a positive work environment. The focus on employee-centric approaches and adapting HRM strategies to different organizational contexts are essential for maximizing the potential of human resources. As HRM continues to evolve, its role in promoting organizational success and employee well-being remains paramount.
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