Human resource management is a strategic and detailed approach to the management of an organisation's most valued assets which are the people working there who individually and collectively contribute to the achievement of the objectives. It is believed that before the concept of HRM the organisations used the term “personnel” management and this Personnel management term gradually developed into the “HRM” concept.
According to Grant and Oswick (1998) of practitioners views on HRM said “There is and always was a gradual evolution of personnel management. I see HRM as just the latest stage of this evolution.” In Pakistan the HRM is passing through an infancy stage. The HR practices are has not fully implemented.
Human resource management requires decisions and actions that affect the relationship between organizations and employees or collectively called its human resource (Beer et al, 1984). Pettigrew and Whip (1991) further defined it as relating to the total set of knowledge, skills and attitudes that firms need to compete. It includes matters and action concerning people, such as: selection, training and development, employee relations and compensation. Such actions could be summed up through the creation of an HRM philosophy.
Human Resource Management is influenced by objectives set by the management. They are closely related to each other and interdependent. The human resource management function of planning pertains to arriving at an efficient process to attain the objectives of the company. It leads the company towards its goals. Organizing is the human resource management function that coordinates the resources needed to implement the plan. In organizing, company structure is established, relationships are formed and resources are allotted appropriately by human resource management to realize the objectives sought for. Directing refers to the human resource management function that leads and supervises employees to attain the company objectives. Finally, controlling is confirming if the plan is carried out in actual situation.