HRM is the process of determining HR needs, then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals.

A high-performance work system is a coordinated setup where people, technology, and organizational structure fit together to help the organization hit its goals. When task design, staffing & development, rewards, and information systems are aligned, employees can do their best work and adapt quickly.

Human Resource Management (HRM) is important because it directly affects whether organizations can meet their goals and provide value to stakeholders. Here are the key points from the text.