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The (potential) demise of HRM?
Author(s) -
Dundon Tony,
Rafferty Anthony
Publication year - 2018
Publication title -
human resource management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.44
H-Index - 77
eISSN - 1748-8583
pISSN - 0954-5395
DOI - 10.1111/1748-8583.12195
Subject(s) - demise , argument (complex analysis) , mainstream , ideology , human resource management , context (archaeology) , neglect , capitalism , sociology , individualism , subject (documents) , field (mathematics) , management , public relations , political science , economics , psychology , geography , biochemistry , chemistry , mathematics , archaeology , psychiatry , politics , library science , computer science , pure mathematics , law
This article seeks to provoke that human resource management (HRM), both as an academic field of study and as a form of professional practice, is at risk of impoverishment. The main reasoning for this is because of ideological individualism and marketisation with an attendant neglect on wider organisational, employee, and societal concerns. Following a review of the context of financialised capitalism, three contemporary developments in HRM are used to illustrate the argument: reward strategies, talent management, and high performance work systems. Implications for the practice of HRM and the way the subject area is taught in mainstream business schools are considered.