The importance of HRM or Human Resource management has grown over the last few years. Earlier, it considered as one of the least important parts or division of management. The companies have understood that the management of the employees is one of the most important functions which can increase the morale of the employees as well as train them to improve their skills. The recession underlined the point that the HRM practices of the companies have to be evolved on an ongoing basis to stay ahead of the situation (Herndl, 2000).
Need for the study
The need for the study on the creative HRM strategies has been fairly laid out in the introductory paragraph of the paper. In the wake of the recent economic conditions, it is necessary that like the other aspects of management, the HRM policies are also changed.
Research questions
Present paper the research questions formulated as follows:
What is the need of the creative HRM?
What are the developments regarding creative HRM?
What are the main aspects of creative HRM?
How the creative HRM can be developed in the long run to make it sustainable in every kind of economic conditions?
Possible limitations
The scope of the paper limited and conducting a formal research is a problem in this limited sphere. The sample size in regard of the primary research limited in numbers and geographical sphere to term itself as a formal research.
Literature review
During the last few decades, the management of the organizations all over the world has understood the importance of the HRM functions in the development of the organizations. With the passage of time, the organizations have understood it has importance ...