Role and purpose of HRM - Article Example

Only on StudentShare

Extract of sample
Role and purpose of HRM

In the rapidly commoditizing PC industry, Dell continued to be profitable with its direct selling approach while older rivals like HP struggled. Sun Microsystems, arguably one of the most innovative companies in the computer industry, found itself in deep trouble. Clearly what works and what does not in business remains as unpredictable as ever while some seemingly mundane businesses managed by 'ordinary' people rewarded share holders handsomely, many 'high-tech' businesses which showed great potential when they started off, folded up. Indeed the changing environment and the speed of changes posing greater challenges to organizations. Changes in every aspect of the organizations have increased the uncertainties.
Discussion: Changes in technologies have increased access accessibility, visibility and connection. The connected world is smaller, changing rapidly and has more open information customer have become increasingly segmented and persnickety. Investors have become increasingly attended to and actively concerned not about financial results, but intangibles. Employees represent increasingly diverse demographic backgrounds including not only race and gender but personal preferences, global and cultural backgrounds and orientation to work, competitors come from both traditional large global players and increasingly smaller innovators. ...
Download paper


Introduction: The last decade in general and the period since mid 2002 in particular have been tumultuous for organizations all over the world. Greatly admired companies like Enron bit the dust while those like IBM which were close to being written off, staged a splendid recovery…
Author : schmittantwan



Related Essays

HRM analysis
The hotel consists of more than 5000 rooms and suits for guests in four thirty storey towers, world class gourmet restaurants, 27000 square feet pool complex, Grand Spa, casino, clubs, etc. Different parts of the hotel have different themes, food courts, restraints, entertainment lounge etc. (Jay & Dwi, 2000). The hotel is set up on an area of 33 acres. MGM Grand Las Vegas most commonly offers accommodation services but in addition to this the hotel also serves as a venue for different shows, events and concerts. Moreover, MGM grand hotel incorporates pool parties, night clubs, shopping...
9 pages (2259 words) Research Paper
HRM Of Bloomberg.Com
In spite of such diversity, a large proportion of work in the manufacturing industries too relates services. (Hoque 1999b). While human resources management as a concept attracted a lot of attention as a "more effective and productive approach to managing organizations' key assets, its people", there have been differences of opinion as to whether it is industrial relations management-personnel management (IR & PR) freshly packaged or a totally different discipline "aimed at integrating the management of people into overall business strategy and organizational goals" (Poole, 1990; Salamon,...
20 pages (5020 words) Case Study
Overview of HRM
As this research shall argue, however, contrary to the popular assumption that compensation schemes are the primary method for doing so, it is the collectivity of HR functions which impinge upon, and have the potential to transform the mentioned culture. In other words, while one cannot deny the fundamental role which compensation plays in affecting employee motivation levels, enhancing organisational commitment and, ultimately, transforming the dominant organisational culture, it would be fallacious and, consequently, indefensible to ignore a host of other HRM practices which, taken as a...
16 pages (4016 words) Essay
HRM and Marketing
Viewed as a key component in corporate survival and growth, marketing is becoming more of a planned and goal-oriented management activity. The market information sharing has been equated closely to what Kohli, Jaworski and Kumar termed intelligence dissemination' (1993, p. 476)....
5 pages (1255 words) Assignment
HRM 'Managing Human Resources'
The HRM function is of particular importance in the post-industrial economy (Harris, 2003) In this emerging system, the critical factor in production has shifted from machines and equipment to the "knowledge" worker (Marchington, 2002). That is, service has replaced production as the driving force in the economy, and the prominent way value is added is through the expertise of knowledge workers and the ministrations of service providers. In systems like this, it becomes even more important to obtain and use the full talents of all employees in the organization. Thus, the skilful adoption and...
7 pages (1757 words) Assignment
Got a tricky question? Receive an answer from students like you! Try us!