Human Resource Management The Guardian of Ethics

Critically evaluate if HRM managers can be the â€Å"Guardian of Ethics† in an organization. Human Resource Management is the process of acquiring, training, appraising and compensating employees, and of attending to their labor relations, health and safety and fairness concern. â€Å"Human Resource Management is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an array of cultural, structural and personal techniques† Storey (1995) Human Resource Management is a managerial perspective which argues the need to establish an integrated series of personnel policies to support organizational strategy. The concept of human resource management took the management world by storm during the 1980’s and had represented a significant change in direction. HRM is resource centered, directed mainly at management needs for human resources to be provided and deployed. An example could help explaining why human resource management has been important in an organization - the number of small and medium enterprises in India is estimated at 3.3 million, and they employ more than 18million people. SME’s account for 95% of the industrial units in India. More than half the people working in the United States-about 68 million out of 118million- work for small firms. Statistically speaking, therefore a good number of people graduating from schools, ITI’s and colleges in theShow MoreRelatedWhat Is Organizational Ethics?847 Words   |  4 PagesWhat is Organizational Ethics? According to managementstudyguide.com, organizational ethics is the way an organization should respond to the external environment. Organization ethics includes various guidelines and principles which decide the way individuals should behave at the workplace. It also refers to the code of conduct of the individuals working in a particular organization. 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