2. Four elements of HRM asspecified by John Storey A set of
beliefs and assumptions A strategic thrust embodying decisions
about people management The central involvement of line management
Dependence upon a set of levers to determine employee
relationships
3. How Human ResourceManagement has evolved1. The Commodity
concept2.The Factor of Production concept3.The Goodwill
concept4.The Paternalistic concept/Paternalism5.The Humanitarian
concept6.The Human Resource concept7.The Emerging concept
4. # The Changing Role of the HRProfessional
5. # The War for Talent
6. # Outsourcing of HR functions thevirtual HR
organization
7. # The Healthy Workplace :Wellness, work-life balance