Human Resource Management

Human resources are considered a potential source of competitive advantage. It is believed to have been built over many years through accumulation of knowledge, skills and abilities that individuals possess, and company-identifiable expertise (Cappelli and Singh, 1992). The success of the project can be evaluated by being able to combine the company's human resources with the company's strategic goals. According to Klein et al. (1991: 11), "If professional performance behavior is consistent with skill formation, it will be the basis of competitive advantage."

In recent years, with the complexity of the organizational structure, personnel management has rapidly become important and changing. Capacity-based personnel management is particularly in the forefront. Today, companies' long-term competitiveness is created by changes in human resources. The competency model supports strategic planning created to achieve employer's goals while providing the foundation for human resource management. Ability can be summarized as "description of employee behavior, business practices, and skills in the organization".

Strategic human resources management is broadly a blend of human resource management and organization strategy. Human Resource Management is an improvement of the Human Resources department, which includes employee recruitment and salary to managers only. Recently, the importance of human resource management as an important element of organizational strategy has been recognized and investigated, contributing to the organization's short- and long-term goals. 21-year-old Walt Disney founded Walt Disney Company in Florida in 1922. Currently there are four theme parks, with 50,000 employees, mainly working on low wages. It is one of the largest factories in the United States, attracting 30 million visitors each. It is a year. In addition, the company also owns movie studios and cruises (Price, 2011)

Human resource management is the management of the organization's human resources. Initial human resources management was personnel management. However, when people realize that employees are one of the most important resources of every organization, that term becomes Human Resource Management. Effective human resource management plays an active role rather than passive. The personnel management strategy also varies from organization to organization. Human resource management strategies of organizations operating in the retail industry, such as Marks & Spencer, may differ from Human Resource Management strategies of Boeing organizations operating in the aerospace industry.