250 words – 1 APA in text citation with reference. This week’s discussion acquaints you with the importance of human resources management (HRM) and how it contributes to the achievement of an organization’s overall objectives. We explore the reasons for studying human resource management. We also learn how people are a competitive advantage to an organization. You will also become acquainted with the competitive challenges of human resource managers and the concerns of employees. In addition, we will explore advantages of strategic planning and the five forces framework and its impact on the industry.
Why do you think it is necessary to study human resource management? How are people a competitive advantage to an organization? What are the advantages of strategic planning? What role does a mission and a vision statement play in strategic planning?