Introduction
Human Resource Management has evolved considerably over the past century, and
experienced a major transformation in form and function primarily within the past two
decades. Driven by a number of significant internal and external environmental forces,
HRM has progressed from a largely maintenance function, with little if any bottom line
impact, to what many scholars and practitioners today regard as the source of sustained
competitive advantage for organizations operating in a global economy.
The role of the Human Resource Management Function in the 21st Century.
1. Strategy execution by helping to improve planning from the board room to the market
place.
Organizations today are striving to increase productivity, improve service, and ensure that
the company can adapt to ever-changing business conditions. And success on all this front
depends on the organization people*ƒ²*ƒ”€šan asset that executives regularly cite as a
primary differentiator in a fast-moving, knowledge-driven world. Human resource
management plays a significant role in trying to achieve this by being involved at the
strategy, policy and decision making process. The human resource management team
ensures this is delivered by recruiting and selecting the right and qualified staff to ensure
the goals and objectives of the organization are achieved. That is human resource
managers establish a clear understanding of the talent base they have at their disposal or
whether they need to recruit from outside. An example is where an organization is
forecasting for their demand and supply of employees when planning for the organization
to achieve the set objectives or goals. This is attained through Human resource Planning.