... light of HRM into as many different colors. For instance the managers look HRM as Strategy, Style, and Outcome. HRM as resource based model, HRM as a restatement of existing personnel practice and HRM as strategic and international practice. Style, Strategy & Outcome Resource Based Model Manager's View Restatement of Existing personnel Practice. Strategic & International practice 1.1 Prism illustrating different facet of HRM seen by a manager HRM owes a great deal to the different Models. Now we can analyze some of the models with its advantage, disadvantage, strength and weakness and try to associate it with different organization in today's scenario. Model 1: Risk Management 5 Audit & Review Assess Compliance Periodically 4 Measure Performance Active (before Things go wrong) Model extracted: (Kelvin Cheatle, Mastering Human Resource Management, 1999, Mcmillan publication, Chapter 12, page number 208, exhibit number, 12.1) Explanation of Model 1: The term "risk" is literally defined as the possibility of meeting danger or suffering ...

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