The paper examines the factors affecting the HRM role looking at the increasing competition in the global economy and considering cost reduction, new working practices and the shift from the collectivism to the individualism of contracts in the context of HRM. HR models and possible changes in the organisational function of HRM are discussed.
The paper examines the scope of strategic human resource management (SHRM) critically evaluating the extent to which the knowledge and understanding of strategic management literature and practice contributes to the application of HRM. A case study of Sonning Common Health Centre is conducted to illustrate the concept of strategic management and HRM and analyse how they are integrated in organisations.
The paper examines the peculiarities of human resource management at Multinational Corporations reviewing related literature to outline the benefits of MNCs for nation states, the pressures that exist regarding home and host country, the influences of MNCs on different HR practices, Japanese and European models of MNC, etc.
The paper examines resource based theory reviewing academic literature on the models of HRM and highlighting the advantages and disadvantages of the resource based strategy.
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