General Administrative Theories are they relevant to managing Modern Essay

General Administrative Theories are they relevant to managing Modern Global Organisations - Essay Example This essay stresses that Human Resource Management or HRM is one of the key methods by which managers keep hold of the actions of the people beneath them. This is also a way by which managers are able to control, at least in part, the behavior of the people to remain parallel to the interests of the firm. Nowadays, business managers are beginning to recognise the need to consider the weight and importance of human resource (HR) function in determining the growth or downfall of any venture. This paper makes a conclusion that modern global organisations need to leverage on all facets of financials, customer, best business practice and human resources, if it shall be sustainable for the long haul. More importantly, it should be able to dedicate attention to its most important resource: its people. This paper has presented the ways in which administrative theories may be expanded to encompass not only the end goals of productivity and profit, but also of people development. It points out that the human resource function may also be used as a control measure, focusing on all facets of attracting the right talent through careful staffing and training practices, setting apt performance goals, and similar people development initiatives. If people are adequately developed, they shall be able to contribute more to the enterprise and carry out initiatives that are directly aligned to corporate strategies. This will ultimately spell success for the global enterprise.