The term “Human Resource Management”

There are already a couple of definitions for the term “Human Resource Management” out there. But for the start I figured I should see and try to work out my own definition to get me a clearer picture of that subject. My definition looks after all as follows:

Human Resource Management has the task to figure out the optimal investment of the factor “human being” for the attainment of the operational targets. The human being represents in this context the staff/personnel resp. the labor. Thereby all aspects, which concern the staff, are being considered originating from the single individual, over the different groups until the organization of the whole company.

The common abbreviation for Human Resource Management is HRM and is part of the business administration.
Further the term contains the expression “management” which means according to Stuhlman Management Consultants:

Management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results. Management also includes recording and storing facts and information for later use or for others within the organization. Management functions are not limited to managers and supervisors. Every member of the organization has some management and reporting functions as part of their job.

Following that the Human Resource Management has the task of leading and handling the staff. That includes aspects like the selection of personnel, the discussion and settlement of the individual and institutional targets, the personnel development, the development of optimal working conditions, and so on. When conflicts occur between the individual and the institutional targets, the Human Resource Management has the task to try to solve them. Hereby it is important that not only always the operational targets should stand in the foreground.
Also the intermediation between the individual, the separate groups and the entire company on the different levels are part of the field of activity. That shows that Human Resource Management on one site is important for giving the company a structure. On the other site it is responsible for frictionless interaction and communication between the employees as well on the vertical as on the horizontal level considering that a corporate structure is existent.
At least it is important to bethink that without the factor „human being“ a company wouldn’t exist independent from the number of employees. Finally one single person can also run his own business.

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