HRM Critical Review Example

Human Resources Management Introduction Human Resources Management (HRM) is considered a universal concept with regard to processes, policies and strategies (Almond, 2011). Multinational organizations are increasingly acknowledging that the development and management of human resources in a global context is a core business challenge. HRM refers to a coherent and strategic approach used in managing the most valued assets in an organization that is, personnel who collectively and individually play a significant role in ensuring that the organization achieves its business objectives. HRM is both a business and an academic practice that is concerned with the practice and theoretical techniques utilized in workforce management (Ananthram Chan, 2013).