HUMAN RESOURCE MANAGEMENT IN GLOBAL CONTEXT

Figure 1 :   Recruitment and Selection   The recruitment and selection in HR is a multi-step journey that incorporates with sourcing, screening, evaluating, and integrating new hires into the company. Understanding the difference between recruitment and selection and each step involved in the process is important for organizations to ensure a successful Selection.  A well-designed recruitment and selection process allows organizations to attract more applicants and narrow the selection till you get the perfect candidate. What is Recruitment? An effective recruitment and selection process allows companies to source, attract and identify the best candidates for every open role. This can help to increase productivity and improve the company in every aspect.  It is the process that organizations use to source, attract and identify candidates for their open positions. The goal of recruitment is to gather as many suitable candidates for the role as possible. Re...

Figure 1 : Learning & Development  What is Learning and Development Learning and development, also known as L&D, is a great tool to close the skill gaps & to improve and increasing employee engagement and work culture. It’s a process of empowering employees with specific skills to drive better performance or to be up-skilled to perform better in their existing roles or to take on new roles in the organization.  L&D is being increasingly seen as one of the most reliable ways for businesses to increase their productivity & profitability as well as other benefits such as employee satisfaction, future-proofing your business, enhanced employee experience, and increased retention.   L&D involves in your business and designing training programs that empower employees with specific knowledge and skills that drive increased performance.  In other words it is the continuous process of encouraging the professional development of your employees....

figure 1 INTRODUCTION Human Resource Management (HRM)  refers to an organization’s function responsible for managing the workforce. The  Evolution of HRM  can be traced back to the early 20th century when the focus was on maintaining records and ensuring compliance with labor laws. Over time, the role of HRM has evolved to become more strategic and proactive in aligning human capital with the organization’s goals and objectives. With the rapid changes in the world today  it has become important  for the firms to develop strategy that can improve human resource performance which will consequently aid the accomplishment of firm’s objectives.   HRM is poised to enhance firms’ survival and effectiveness through human capital (Armstrong, 2005).   Figure 2   UNDERSTANDING THE HRM THEORIES Organizations in the era of Industrial Revolution were structured in line with Adam Smith’s pin factory with a simple structure (Kaplan & Norton, 2006; Feldb...