Human Resource Management (HRM) is one of the key areas of Management that needs consistent breaking of new grounds and with the world shrinking with faster globalization process, digitalization, and technological advancement, the human resource management (HRM) function is looking for further innovation and digital immersion to reinvent its role and remain a value driver in modern-day business organizations.
Although there are many books on Human Resource Management, the recently published book titled ‘Human Resource Management: Concepts, Practices, and New Paradigms’ by SAGE publishing exposes students to the emerging paradigms of HRM while retaining focus on the core practices of acquisition, retention, management and development of talent, rewards and compensation, and compliance of workplace laws and regulations
‘Human Resource Management’ a consice book on HRM is authored by Amitabha Sengupta, faculty of Human Resource Management, Leadership, and Management Consulting at K. J. Somaiya Institute of Management Studies and Research, Mumbai. He has also taught at Tata Institute of Social Sciences, Mumbai, Xavier Institute of Management Studies and Research, Mumbai, and has acquired a rich experience of 35 years in industry prior to joining the profession of management teaching. He has held leadership roles such as General Manager HR at Mumbai Refinery and VP Management Consulting at CHR Global.
Sengupta holds a master's degree from Calcutta University in social sciences, a PG Honors diploma from XLRI, specializing in industrial relations and has a diploma in HRM from Cornell University. He is a master trainer in NLP (USA), an accredited Executive Coach (International Coaching Community, Sao Paolo), an accredited Assessor by CIA and IMC in business excellence models, and an accredited Internal Coach by Arthur D. Little.
The book aims to help the students to the new paradigms of the HRM function while not losing foothold on the fundamental HR processes of planning, selection, development, and rewards. Human Resource Management attempts to provide a dual perspective of robust frameworks moored in sound theories and the experiential approaches to leverage them.
With his rich experience in a variety of public and private sector organizations, HR consulting and leadership training, the author presents the corporate stories from a practitioner's viewpoint and shares insights in the light of the relevant frameworks.
The Author finds that this is the best and the worst of times for the Human Resource Management. The Digital Revolution has been primarily responsible for the makeover, by enhancing the customers' ability to purchase, it is a "Game of Thrones," where today's customer and the valued employee hold all the aces to compare products, services, and prices, and then decide on what and how to settle for. Facebook, Google, JP Morgan, TCS, and ICICI are just a few examples of the organizations that are ruling the business now. The product cycles of these organizations move in months, not in years with a highly interconnected and digitally literate work force.
The book looks into the changed scenario and the needs of HR programs to change. The focus has to shift to customer centricity, team culture, empowerment and engagement, continuous learning, coaching, and innovations.
The book balances theory and experiential practices. This facilitates the understanding of the reader about the core concepts and frameworks. Further, the book reports on current HR practices in global organizations to acquaint readers with various strategic choices and initiatives in Human Resource Management.
Human Resource Management is divided into nine clusters and eighteen chapters. Each cluster has two chapters. The cluster one on Old HR—New HR consists of chapters on "Human Resource Management—Introduction" and "Human Resource Business Partner".
Cluster two on Plan and Acquire with chapters on "Human Resource Planning" and "Recruitment and Selection" explains well the important of HR Planning, process of HRP; Recruitment processes. The Cases of VRS acceptance at TISCO and Recruitment dilemma at for Alectek Shoes are worth reading and good for understanding the HR Management.
Cluster three on Development and Growth with chapters "Learning, Training, and Development" and "Competency Management" with case studies throw deep insights. Cluster four ‘Engage and Perform’ with chapters "Employee Engagement" and "Performance Management and Appraise; Cluster five ‘Reward and Compensate’ consisting of chapters "Compensation and Benefits" and "Compensation for Special Groups" share a new dimension in HR Management.
Cluster six ‘Decent Workplace: Compliance and Dialogues’ with chapters "Industrial Relations" and "Workplace Legislations, Regulations, and Debates on Labor Law Reforms" offers a good source of information with insights of decision taking strategy. Cluster seven ‘Transformation of Work and Work Relationships’ with chapters on HR Information System, HR Metrics, and HR Analytics, and Employment Relations; Cluster eight on ‘HR Blue Ocean’ containing chapters on Human Resource Management in Small and Medium Enterprises and Human Resource Management in the Service Sector not only give a good analysis and study material but also will help the ‘Start Ups’. Cluster nine on ‘Innovate and Transform’ has two chapters "Organization Transformation and the Human Resource Leadership" and "Human Resource Management Innovations" which focus on developing the HR skills in modern time and competitive era.
‘Human Resource Management’ book is relevant for a wide variety of readers—students, professionals, academicians, and researchers. The case studies in the book are drawn from happenings in the corporate world—both public and private. The global innovative practices presented in the book make it topical. Given the importance of innovations and present need of changes in the concept of Human Resource Management, the balanced discussion of HR from both theoretical and practical perspectives, and simplicity of language, this book is highly recommended for MBA students and practitioners alike.
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