Introduction With Globalization integrating economic, political, and cultural systems worldwide, technology advancing at a rate that is almost impossible to keep up with and changing workforce demographics, Human Resource Management (HRM) is in a state of evolution. Definition of Human Resource Management Human resource management (HRM), as defined by Bratton, J. & Gold, J. (2003), is

“A strategic approach to managing employment relations which emphasizes that leveraging people’s capabilities is critical to achieving sustainable competitive advantage, this being achieved through a distinctive set of integrated employment policies, programmes and practices.” Importance of Human Resource Management Researchers indicate that the competency levels of HR managers in high performing firms are significantly higher than those of HR managers in low performing firms. (Stone 2005:9-10). An organization is a compilation of people. The life of the organization is its......

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Title: Human Resource Management
Approximate Word Count: 392
Approximate Pages: 2 (250 words per double-spaced page)

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