One can not overstate the importance of Human Resource Management in an organization. In the last decades the world’s business is following the vision that any organization is, primarily, just a group of people working towards a particular goal. Therefore, an understanding of the fact that Human Resource Management deals with the very core aspect of any organization rose significantly.
According to traditional view, Human Resource Management involves all activities associated with the recruitment, selection, performance and management of the company’s employees, while putting emphasis on the human side of business. Dealing with such a complex organizational element as “the person”, Human Resources Management involves a variety of different inter-related psychological and socio-cultural issues, going far beyond just the basic activities listed above. That is why HRM is often defined as “a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an integrated array of cultural, structural and personal techniques”.
