Human resource management (HRM)
What is human resource management (HRM)? To accomplish organizational goals and objectives, human resource management (HRM) is a strategic method for managing a workforce effectively and efficiently. It entails coordinating all actions taken to support the hiring, training, and administration of personnel within an organization. HRM is employee management with a focus on people as a company's most valuable resource. Employees are sometimes referred to as human capital in this sense. The objective is to use people efficiently, minimizing risk and maximizing return on investment, just like with other business assets. Key functions of Human Resource Management include: To effectively manage an organization's personnel and make sure the organization meets its goals and objectives, human resource management (HRM) entails several critical tasks. These duties typically consist of the following, though they may differ slightly depending on the size, sector, and particular requirements