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Introduction
“Human resource management is the collection of policies, practices and systems
that influence employees’ behaviour, attitudes and performance.” (Frankie, 2017)
Often, HRM is “concerned with recruitment selection, learning and development,
reward, communication, teamwork and performance management”. (Julie & Amanda,
2014:4)
Tom Peters, the author of “In Search of Excellence” said that “the simple act of
paying positive attention to people has a great deal to do with productivity”
(Inspiration Unlimited eMagazine, 2017). In the 19th Annual Global CEO Survey
conducted in January 2016, 76% of CEOs define business success by more than
financial profit. (PwC CEO Survey. 2016) Therefore, when we talk about achieving
success in an organisation, it is not only about making profit but also to achieve
organisation’s mission, vision, strategy, and goals.
The following essay will briefly discuss how HRM adds value to an organisation
through the following strategies: job design, diversity management, reward system
and training and development.