A Review of the Underpinnings of Management and Human Resource Management

Abstract

As a management function, human resource management has been widely documented as playing a fundamental role in designing and bringing about the changes that have given rise to ‘labour market flexibility'. As a result, there is an exponential growth of human economic expansion that has had a devastating effect on the environment and the world's natural resources. This diversity makes it even more important to understand the numerous different theories underpinning Human Resource Management (HRM) and to explore the outcome of Human Resource (HR) practices on organizations, managers and workers and wider society. This paper reviews some pertinent literature in management and human resource management and further proposes the significance of talent management in the theory and practice of management and human resource management.