Human Resource Management

Due to impact of globalisation and economic uncertainty, companies are facing fierce challenges. In order to adapt to this changing environment, changes within firms are vital for business survival and expansion in a knowledge driven economy. Nowadays it is a common experience to note that organisations are relying heavily on their human capital to produce the competitive edge.

Human Resource (HR) has drastically evolved from the 19th century to present time. HR issues have moved from Fayol’s era (1841-1925), where a rational and structure approach to management of organisation was prevailing. While in this current climate great emphasis are being put on building relationships between employees and employers and mediate individual employment relationships (Cole, 2002). Additionally, the role and functions of HR have undergone significant changes since the beginning of last tow decades. Currently, many forces appear to be changing the structure of the HR function, creating new HR ...