HRM concerns the human side of the management of enterprises and employees with their firms. Its purpose is to ensure that the employees of a company (its Human Resources) are used in such a way that the employer obtain the greatest possible benefit from their abilities and the employees obtain both material and psychological rewards for their work.
According to Armstrong, HRM is a strategic and coherent approach to the Management of an organization’s most valued assets – the people working there who individually and collectively contribute to the achievement of its goals.
Storey in Armstrong defined HRM as a distinctive approach to employment management which seeks to obtain competitive advantage through the strategic deployment of a highly committed and skilled workforce, using an array of cultural, structural and personnel techniques. HRM is concerned with the employment, development and reward of people in organizations and the conduct of relationships between management and the workforce.
HRM is about the managerial and leadership processes which enable people to give of their best in today’s turbulent working scenarios. The ABE syllabus concentrates less on human and organizations behaviour
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