Human Resource Management Course The management of the organisation's people (Human Resource Management) is now identified as the key variable determining whether a business succeeds or fails in the current competitive circumstances of the world economy. Human Resource Management (HRM) describes the range of strategies to achieve competitive advantage by matching the needs of the business to satisfy the customer with the reasonable aspirations & potential of the people employed in & by the business. About Human Resource Management As part of this process, businesses frequently restructure, review their managerial processes & redefine their value systems. The Human Resource specialist potentially plays a key role in all the organisational initiatives necessary, both to decide potential directions of change & to implement chosen strategies.