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Cross-cultural diversity in HRM Cowrsework assignment International University Tzvetomira Nenova A4 Introduction Key concept Human resource management is based on the belief that human resources are uniquely important to sustained business success An organization gains competitive advantage by using its people effectively drawing on their expertise and ingenuity to meet clearly defined objectives Human resource management is aimed at recruiting capable flexible and committed people managing and rewarding their performance and developing key competencies HRM- origins It is important to stress that human resource management has not come out of nowhere HRM has absorbed ideas and techniques from a number of areas In effect it is a synthesis of themes and concepts drawn from over a century of management theory and social science research There is a long history of attempts to achieve an understanding of human behaviour in the workplace Throughout the twentieth century practitioners and academics have searched for theories and tools to explain and influence human behaviour at work Managers in different countries encounter similar experiences businesses expand or fail they innovate or stagnate finance has to be obtained and workers have to be recruited new equipment is purchased eliminating old procedures and introducing new methods staff must be reorganized retained or dismissed Over and over again managers must deal with events which are clearly similar but also different enough to require fresh thinking HRM is a strategic model It employs the techniques for strategic management for the utilization of human resources It focuses on senior managers concern with achieving objectives and containing costs HRM is a mechanism for control and the exercise of power
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