Transcription of STRATEGIC HUMAN RESOURCE MANAGEMENT
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STRATEGIC HUMAN RESOURCE MANAGEMENT
STRATEGICHUMAN RESOURCEMANAGEMENT iiiiMichael ArmstrongLondon and PhiladelphiaSTRATEGICHUMAN RESOURCEMANAGEMENTA GUIDE TO ACTION3RD EDITIONP ublisher s noteEvery possible effort has been made to ensure that the information contained in this book isaccurate at the time of going to press, and the publishers and authors cannot accept responsi-bility for any errors or omissions, however caused. No responsibility for loss or damage occa-sioned to any person acting, or refraining from action, as a result of the material in thispublication can be accepted by the editor, the publisher or the published in Great Britain in 1992 as HUMAN RESOURCE MANAGEMENT : Strategy and ActionSecond edition published as STRATEGIC HUMAN RESOURCE MANAGEMENT : A Guide to Action2000 Third edition 2006 Apart from any fair dealing for the purposes of research or private study, or criticism orreview, as permitted under the Copyright, Designs and Patents Act 1988, this publication mayonly be reproduced, stored or transmitted, in any form or by any means, with the priorpermission in writing of the publishers, or in the case of reprographic reproduction in accor-dance with the terms and licences issued by
HUMAN RESOURCE MANAGEMENT DEFINED Human resource management is defined as a strategic and coherent approach to the management of an organization s most valued assets the people working there who individually and collectively contribute to the achievement of its objectives. John Storey (1989) believes that HRM can be regarded as a set of inter-
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