What are the four “waves” of the human resource management evolution?
To determine:
The four waves of the Human resource Management evolution.
Introduction:
Human Resource Management can be simply defined as the process of handling the employees in an organization by the mean of achieving organizational goals and objectives. This can involve hiring, firing, training and motivating employees. Human resource management up to now has been evolved under four waves.
Explanation of Solution
The first wave is Human Resource Administration. This focused mainly on the administrative personnel on the HR department such as regulatory compliance, terms and conditions and other rules and regulatory part of HR. presently, this is mainly outsourced or provided to technology to handle the administrative part.
Wave 2 is known as HR practices, where HR is focused more on design and innovation. They consisted of areas such as compensation, learning, sourcing and communication. This is where the interaction among professionals took place.
Wave 3 also known as HR stratergy, focused on integrating the stratergy of overall human resources with the overall business strategies. At this stage, work was prioritized on how to use resources the best.
Finally, stage 4 also known as HR outside in, where HR integrates into the business and functions at a part of the business. This is the stage that is used in the present where they also participate in the effects of investor confidence, company reputation and customer share.
Want to see more full solutions like this?
Chapter 17 Solutions
Organizational Behavior
Additional Business Textbook Solutions
Gitman: Principl Manageri Finance_15 (15th Edition) (What's New in Finance)
Horngren's Cost Accounting: A Managerial Emphasis (16th Edition)
Financial Accounting, Student Value Edition (5th Edition)
Horngren's Accounting (12th Edition)
Managerial Accounting (5th Edition)
Business Essentials (12th Edition) (What's New in Intro to Business)
- Why Is Human Resource management important to all managers? Give five reasons and explain eacharrow_forwardWhat are the three critical functions of human resource managers and how do these functions support an organization?arrow_forwardwhat is a strategic plan and why is it needed in human resourcearrow_forward
- What are the benefits of Human Resource Planning?arrow_forwardWhat are the hurdles faced by human resource managers in the implementation of strategic human resource management??arrow_forwardWhat are the fundamental functions of human resource management, and how do they contribute to overall organizational success?arrow_forward
- What is the difference between strategic human resources and human resource strategies?arrow_forwardWhat are the key functions of human resource management, and how do they impact organizational success? How can organizations attract, develop, and retain talented employees?arrow_forwardWhat are the factors that affects human resource planning in an organization ?arrow_forward