Human Resource Management (HRM): A strategic approach to managing an organization’s people to support its goals through recruitment, development, and retention of employees.
Strategic HRM: The alignment of human resource policies and practices with the overall business strategy to achieve competitive advantage.
Operational HRM: The day-to-day activities involved in managing personnel, such as hiring, training, and employee relations.
Personnel Management: The traditional administrative function focusing on employee record-keeping and compliance, which has evolved into modern HRM.
Employee Lifecycle: The stages an employee goes through within an organization, from recruitment to exit, managed through HR practices.
Labor Law Compliance: Ensuring organizational policies adhere to legal standards governing employment rights, safety, and fair treatment.
1. What does Human Resource Management (HRM) primarily refer to?
2. What is the primary focus of Strategic HRM as defined in the revision sheet?
3. According to the course outline, how many HRM functions are explicitly listed?
HRM — definition?
Strategic approach to managing people.
HRM — definition?
Strategic management of organization's people
HRM functions — examples?
Recruitment, training, performance, compensation.
Strategic HRM — role?
Aligns HR practices with business strategy
Recruitment process — steps?
Job analysis, sourcing, screening, selection.
Operational HRM — activities?
Daily personnel management tasks
The revision sheet covers the essential concepts of Fundamentals of Human Resource Management. It is organized by topic to facilitate learning and memorization, with key definitions, explanations and summaries.
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