Harvard Framework | Meaning and Definition

What is Harvard Framework?

The Harvard Framework for HRM is a human resource model that includes different steps of the outcome, taking a more systematic approach to an HR Model. This HR Model having numerous levels of results takes a more holistic approach to HR. One of the most crucial and essential responsibilities of HRM (Human Resources Management) is the human resources administration. That is to say, if the employees of an organization are well managed, the organization is believed to achieve its objectives and become successful more likely. The effective use of human capital is another way that can assist an organization in reaching its goals and meeting priorities on time. Human Resource Management has to operate in order for significant consequences. It always has to look for systematic ways to implement and assign the members with their responsible tasks, which in turn benefit the company constantly. 

Aspects of Human Resources Management

The Harvard Framework is systematic and consists of six major aspects of Human Resources Management. They are:

•       HRM policy decisions
•       Preferences
•       Stakeholders
•       Long Term Implications
•       HR effects
•       Situational consideration 

Apart from all these, a feedback loop is also included in the Harvard Model. The results are available to the stakeholders and the organization on time.