The Word Café Podcast with Amax

S1 Ep. 59 Redefining HR

February 09, 2022 Amachree Isoboye Afanyaa Season 1 Episode 59
The Word Café Podcast with Amax
S1 Ep. 59 Redefining HR
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Show Notes

Human Resources Management is synonymous with work (Employment). There is no way in this age and time to talk about work without unconsciously having Human Resources Management in view. So one can comfortably assume that if the landscape of work undergoes any form of change, Human Resources Management inevitably with also experience that change, more like a Siamese twin scenario. 

What is work (Employment)? What is Human Resources Management? Human resource management is the strategic approach to the effective and efficient management of people in a company or organization to help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer's strategic objectives. 

Employment is an arrangement in which a person works for another person (or company) in exchange for money. You can work without being in Employment - you can be self-employed, be a volunteer, and be doing work that directly benefits you and your family (housework, subsistence farming). 

Looking at the definitions, one thing stands out: people doing something in return for compensation. 

Over a century now, the Work and HR process and practices have been carried out more traditionally concerning Adam Smith's economic principle. Economic development theory rests on the pillars of saving, labor division, and the market's vast extent. 

The above situation has seen a dramatic change in the last 10, but there was a quantum leap in this change following the Pandemic. Work and HR practices as we know it traditionally has evolved and is still evolving. In this episode of the Word Café, I have the privilege of discussing this situation with Lars Schmidt. 

Lars Schmidt is an HR expert with over 20 years of hands-on experience in the HR professional area. He is the author of the Bestselling Book, Redefining HR and is building a Bridge to the Next Generation of HR. He is a Podcast Host and the Founder, Amplify Accelerator. Happy listening

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