The role of human resource management in responding to economic change

Running Head: THE ROLE OF HUMAN RESOURCE MANAGEMENTThe Role of Human Resource Management in Responding to Economic ChangeGibson Mach AriaInstitute of Advanced Technology1THE ROLE OF HUMAN RESOURCE MANAGEMENT2IntroductionHuman resource management (HRM) is a comprehensive and coherent approach tothe employment and development of people.HRM can be regarded as a philosophy about howpeople should be managed, which is underpinned by a number of theories relating to therelating to the behavior of people and organizations. It is concerned with the contribution itcan make to improving organizational effectiveness through people but it is, or should be,equally concerned with the ethical dimension-how people should be treated in accordancewith a set of moral values (Armstrong & Taylor, 2012).Human resource management involves the application of policies and practices in thefields of organization design and development, performance and reward and the provision ofservices that enhance the well being of employees. These are based on human resource (HR)strategies and are integrated with one another and aligned to the business strategy.Members of the HR function provide in … Purchase document to see full attachment

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