Hrm & Pm

CHAPTER 1 People counselling: personnel management and gracious imaginativeness management I N T R ODU C T I O N Good managers ar not simply effective in their use of economic and technical resources, only(prenominal) if when they manage people they remember that these particular resources ar special, and are ultimately the most important assets. People are the only real source of core competence (Prahalad and Hamel, 1990) and thus of go along competitive advantage. Good managers also remember that these particular assets are human beings. LEA RN IN G OU TC OMES On completion of this chapter you should: l take a leak a good discretion of what the people management function in contemporary organisations comprises go to sleep what we mean by the term human resource management (HRM) and how this differs from the earlier personnel management (PM) concept of the function have some appreciation of the theoretical development of HRM understand the family between HRM and business strategy have an appreciation of the applicative application of HRM recognise some of the key themes of HRM in the too soon twenty-first century. l l l l l CD16365 ch01.indd 1 4/2/08 13:50:53 A free sample chapter from forgiving Resource Management for MBA Students by Iain Stewart Henderson Published by the CIPD.

procure © CIPD 2008 All rights reserved; no part of this excerpt whitethorn be reproduced, stored in a retrieval system, or ancestral in some(prenominal) form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the Publishers or a licence permitting restricted copying in the united Kingdom issued by the Copyright Licensing Agency. If you would like to purchase this accommodate please visit www.cipd.co.uk/bookstore. 2 Human Resource Management for MBA Students The interpretation of terms such as personnel management and human resource management is one area of particular surprise and irritation to general managers, and we will discuss... If you want to get a full essay, order it on our website: Ordercustompaper.com

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