Human resource management (HRM or HR) is the management of an organization’s human resources or workforce. It’s responsible for the selection, training, assessment, rewarding of employees & overseeing organizational leadership and culture.
HRM is considered “Art & Science”. It is the art of managing people by recourse to creative and innovative approaches; it is a science as well because of the precision and rigorous application of theory that is required.
This preface emphasizes the difference between Personnel Management and human resources management. Personnel management is essentially “workforce” centered whereas human resource management is “resource” centered. The key difference is HRM in recent times is about fulfilling management objectives of providing and deploying people and a greater emphasis on planning, monitoring and control..
