How Human Resource Management Is Important Than Hiring And Developing People

1550 Words Nov 23rd, 2015 null Page
Lawrence Bossidy once stated “I am convinced that noting we do is more important than hiring and developing people. At the end of the day you bet on people, not on strategies”. This quote represents the heart of human resource management. Dias (2009), defines human resource management (HRM) as “the process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them” (p. 8). Over the last several decades the field has undergone many changes, increasing the field’s importance to the overall success to organizations (Dias, 2009). The HRM role has broken out of the administrative niche that it occupied in previous generations and now it is looked at as being a key strategic player in successful organizations (Dias, 2009). Human Resource Management is a vibrant, growing field that has many different career paths open to interested candidates. Nor is there any indication that the growing demand will decrease in the future. People are at the core of any organization, therefore there will always be a need for HRM professionals to hire, train, compensate, and develop policies to govern interactions as well as strategies to retain them. In fact, according to the Bureau of Labor Statistics, the demand for HRM specialists and HR specialists will continue to grow through 2020 (Burke-Smalley, 2014). One career path for HRM professionals is the Human Resource Generalist. The Human Resource Generalist is…

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