C/HR/50. Critical Appraisal and Contrast of the Three Recognised HRM Models

The paper begins with an introduction of the subject, i.e. HRM, providing comparison and similarities with Personnel Management, following the evolution of the concept itself as well as clearly describing the main schools and interpretations of HRM. Moreover, the paper focuses on Matching Model (Hard approach), Harvard Framework (Soft approach) and the latest trends in HRM such as employee participation and involvement, decision making, motivation and empowerment. The report offers critical comparison of the models and frameworks, suggesting the advantages and limitations, highlighting the modifications undertaken by various academics and practitioners, practical implementation and value and overall conclusion, based upon the material and contemporary needs and preferences of market place and human resources.