How Of Conduct Modern Enterprises ' Human Resource Management

communication and the overall functionality of the firm. Here, HRM activity plays a vital role

Schuler and Jackson (1987) propose the model of Human Resource Management as the business strategic policies and practices of the organization. This framework is to achieving competitive advantage in different industry condition. They argue for fit in different industry condition and business strategic. It includes innovation, quality enhancement and cost reduction. This business strategic associated with particular employee role behaviors and HRM policies and practices.

Business environment is facing a rapid change that reminds the business management to focus on its core competencies to survive and sustain in the competitive environment. The core competencies can be developed by strategic human resource management. According to Armstrong (2006) employees are the valued assets for a company. The strategic human resource management is mainly developed in accordance to the fact that human resources need to be managed strategically for the company to enjoy sustainable competitive advantage.

Human resource strategy links to the wider goals in organizations. It relate to changes in structure and culture, organizational effectiveness and performance, matching resources to future requirements, the development of distinctive capabilities, knowledge management and the management of change. It is concerned with both meeting human capital requirements and the development of process capabilities, such as the ability to get thing done efficiently and effectively. Any major people issues, which affect or are, affected the strategic plan of the organization. An organizational culture should help to 1) protect the employees' health, safety and welfare by using a clear policy, which meets the legislative requirements, 2) ensure that all policies, procedures and guidelines are clearly understood by all employees and 3) continuously develop to support and enable employees to deliver quality and cost effective services.

Human resource (HR) department that is highly administrative and lacks strategic integration fails to provide the competitive advantage needed for survival, thus losing its relevance. Huselid and Becker (1997) found that there were noticeable financial returns for the organisations whose human resource management (HRM) systems have achieved operational excellence and are aligned with business strategic goals. According to Ulrich (1998), one of the four roles of HR personnel is to become strategic business partner. Youndt and Snell (1996) find that firms employing HR practices according to the stated strategy are regarded to have better performance.

Those days, HRM was considered as administration and nothing much. It centered around routine tasks such as record keeping and maintenance. And it was also known as personal administration (Managerial auditing journal, 2003) and the HR those days did not interfere in the strategic plans of the organization. Higher level managers considered HRM as something which was not necessary for the organization because it did not contribute to productivity and the profit levels of the organization. But today HRM has gained more importance in most organization. Most executives viewed human capital as a cost needing to be controlled or minimized. Now, they realize that employees contribute significantly to the financial performance of the organization. This fresh perspective on the value

Most modern enterprises consist of multiple business departments, and the human resources department is an important part of the enterprise organizational structure. In the process of human resource management, the human resource policy formulated by enterprises should adapt to the organizational structure of the company to ensure the realization of the strategic objectives.

Consequently, ten years earlier, HRM is more likely to be a department for people who got demotion to go. Business people’s understanding of HRM was not comprehensive enough. Therefore its theory and practice were not operated in a right way. It is fortunate today that this science has got more and more attention. People begin to realise its impact on the financial performance. It is a totally new area of management practice. Time for HRM dynasty has come.

Over the last centurary, Human Resource Management (HRM), the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization and also performed by line managers (Heathfield), has exploded with interest and its prominence has increased greatly. However when used strategically it is the way it puts the needs of the organisation first and helps it achieve its goals and objectives by guiding it down the correct path. Every organisation has goals and objectives to help it grow and better its organizational performance, which comprises of the actual

As storey (2001) explains that human resource management concept is typical approach to business which quest to achieve competitive advantage through the strategic disposition of dedicated and committed human work force using array of values, culture, personnel and structural techniques. In simple word Human resource denotes to employees that help to run and drives an organisation which is also the main workforce of any organisation or company, which includes all the jobs and duties linked to the organisation and management of each personnel forming strategic and management foundation of an organisation. When the basic principles of management were redefined the issues of human rights and welfare arises and was later studied and researched the major concern for an organisational success. This management of humans related rights and welfare was first named as ‘personnel function’ and later renamed as “human resources”. This purpose became the usual approach for the entire organisation to develop their qualitative and strategic planning. In ordinary meaning, HRM is a process of managing function dealing with humans as the business or organisation’s key resources, and by setting objectives in an effective way in order to gain organisational and individual goals.

This paper reviews and explains why organisations are increasingly taking a more strategic approach to managing their human resources function and integrating this function with the corporate strategy development of the organisation. The paper is divided into three key parts:

Human resource management is a role within corporations that aims to motivate and enhance the human capital inside the organisation through designing and implementing policies and practices that will add value to the business (Stone, 2013). Due to the ever-changing environment, increased competition and cost-consciousness and basic human resource activities becoming automated or outsourced provides the need and opportunity for a profound change to human resource management to occur. Organisations need to maintain their competitive advantage by adapting quickly to changing opportunities, causing a need to adapt strategic human resource practices. Human resources need to identify strategic goals of organisations to use as a basis for policies and procedures implemented on human capital, with the aim to focus

Human Resource Planning, therefore, holds the key in deciding the skills and competencies that are lacking in a business or the skills that need to be reinforced as part of supporting the strategic orientation of the business (Rowley & Jackson, 2010). According to Bhattacharyya (2009), it is imperative that human resource managers work closely with the senior management and strategy development teams to highlight human resource considerations in deciding the appropriate strategy for a business. Essentially, human resource management has to be part of any strategy formulation team in an organization to address the human resource dimension of strategy development and implementation. It is worthy noting that, human resource is an important production factor in organizations, without which all the other production factors cannot achieve the business goals (Marescaux, Winne, & Sels, 2013). For a business strategy to be successful, the management should involve the human resource function in development and implementation processes. Human Resource Planning, however, cannot be effective if there is a lack of proper system to gather and analyse information regarding supply and demand for labour and skills in the organisation (Pablos, 2008).

Strategic human resource management is the approach of dealing with the human resource that backings long haul business objectives and result with a strategy system. This technique on the human resource concentrates on the long individuals’ issues, coordinating assets to future needs, and full scale worries about quality, structure, qualities, culture and duty to the human resource in a business firm. The human resource administration spins around the procuring of workers, train end finance and how to associate with the representatives to meet the needs and benefits of the organization. The approach on the human resource and its administration is a critical factor of the business which characterizes how the undertaking

According to (Armstrong & Taylor, 2017) HRM can be explained as a strategic, unified and comprehensible passage to the hiring, developing and comfort of employees in organisations. Thus, HRM essentially focuses on corresponding Human Resources (HR) with fundamental and functional requirements of the company to