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The paper will first start off with the definition of Human Resource Management and its roles in an organization. It will then analyze how HR activities add value and contribute to organizations’ overall effectiveness. Last but not least, it will bring us through the trends happening in the labor market force in recent years; followed by its impact on HRM practices in the world today.
Kossek and Block, (2000, Pg 3.18) have classified HR activities into four distinct roles- transactions, translations, transitions and transformations. The transaction and translation roles are more focused on people and have a short term view whereas the transition and transformation roles are more oriented towards improvement or transformation of new processes;where organizational processes are realigned to support customer and market demands, have a future orientation...
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