Human Resource Management in Modern Organizations Essay

Human Resource Management in Modern Organizations - Essay ExampleSkilled, loyal and motivated employees remain maybe the only reliable asset and competitive advantage of modern corporations.The overwhelming importance of balanced and effective HR management is one of the cornerstones fundamental separately major organization. Performance of modern organizations depends not only on hard and attenuating work of the personnel but also on the human side of the employees their competence, motivation, attitudes, colloquy and other variables. As Gunnigle et al (2002) observe, HRM is the core of companys general efficiency and the basis for effective management (p.383). A companys distress to effectively manage its human resources is likely to result in considerable operational difficulties and may seriously damage the business (Beardwell, 2003 15).The below overview of the major concepts and theories underlying modern HRM practices demonstrates how effective management of human resourc es contributes to the development of a stable workforce and a healthy organization.The origins of human resource management as a separate discipline can be traced back to the beginning of the last century. Throughout the last century, theorists and practitioners worked intensively to discover the theories explaining human behavior at the body of work in order to raise the effectiveness of labor. As Alan Price (2000) states, HRM hasnt come out of nowhere there is a long history of efforts to emend our understanding of factors that affect human behavior in the workplace (p.62). Though many of modern HRM principles had been developed by that time, the year of the disciplines formal birth was 1981, when Harvard Business School introduced a special course that served a blueprint for the global spread of human resource planning and management (Price, 2000).