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In this video, we'll provide you with a quick overview of what HRM is and its key responsibilities. Let's get started!" What is HRM? "HRM, which stands for Human Resource Management, is a strategic approach to managing people within an organization. It focuses on maximizing employee performance and ensuring their well-being, while also aligning their efforts with the organization's goals and objectives." "Key Responsibilities of HRM: Number 1: Recruitment and Selection. Number 2. Training and Development. Number 3. Performance Management. Number 4. Employee Relations. Number 5. Compensation and Benefits: "In summary, HRM is all about managing people effectively within an organization. It encompasses recruitment and selection, training and development, performance management, employee relations, and compensation and benefits."