Survey Analysis: HRM Approaches and Achieving Business Objectives
VerifiedAdded on 2023/06/08
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Journal and Reflective Writing
AI Summary
This journal entry analyzes the evolution of Human Resource Management (HRM) approaches, contrasting the traditional 'hard' approach with the contemporary 'soft' or humanistic approach. It presents findings from a survey conducted among class members to determine the preferred approach for achieving business goals, revealing a leaning towards the soft approach, which emphasizes employee well-being and motivation. The analysis discusses how HRM has evolved from a basic function focused on recruitment and compensation to a more advanced function that values organizational culture, relationship building, and employee development. It also highlights the importance of balancing both hard and soft aspects to foster employee commitment and drive organizational success, while acknowledging that a shift towards a harder approach may be necessary if productivity falters. The journal concludes that when employees are treated fairly and their needs are met, they are more likely to contribute to the organization's competitive advantage and overall success.
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