114.241 Chapter Notes - Chapter 1: Keynesian Economics

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Base a seminar discussion around the questions at the end of this feature and use it to illustrate the new skills required from hr managers and the new responsibilities they are taking on as the moral compass" for organizations. This feature can be used to generate discussion about the challenges of senior hr managers in the early 21st century, including how hr can be defined, how its outcomes can be evaluated, and how it differs (if at all) from personnel management. The chapter examines five theoretical models of hrm that seek to define the salient features of hrm. Practice without theory is blind": fombrun, tichy and devanna model of hrm, harvard model of hrm, guest model of hrm, warwick model of hrm, storey model of hrm, ulrich"s strategic partner model. They, and hrm practitioners, have a vested interest in promoting the hrm model.

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