Human Resource Management (HRM) refers to the strategic and operational management of a company’s most valuable asset—its people. Originating primarily from English- and French-speaking contexts, the term has become increasingly common in German-speaking countries as well, reflecting a more holistic and value-driven view of workforce management.
HRM emphasizes not just administrative personnel functions but also the long-term, strategic development of human capital in alignment with business objectives. This includes areas such as talent acquisition, employee development, performance management, compensation and benefits, and organizational culture.
Unlike traditional personnel administration, Human Resource Management integrates people management into the company’s overall strategy, viewing employees not just as cost factors but as contributors to innovation, competitiveness, and long-term success.
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