Dear Member
The difference is of perspective/philosophy and the belief.
The entire personnel management concept historically has transformed from "Labour welfare"-----"Personnel Management" to the present "Human Resources Management".
With industrialization...nature and needs of business and hence profile of "manpower" changed- from manual labour to technically skilled to professionals and now knowledge workers and knowledge managers.
Business challenges shifted from "ensuring presence/reducing absenteeism (i.e. LW interventions) to proper maintenance of manpower by timely providing salary, training and promotion" (*Personnel Management) to "right alignment of f individual's needs (ranging from Basic to apex level i.e. self esteem, professional enrichment, recognition and meaning of life) with organizational goals". (Human Resource Management).
from considering about Human as “commodity” (The one M among the Five) to Resource –the supreme resource.
After Second World War the progress and development of Japan as Phoenix has realized the world that it is not the Natural resources or Capital but HUMAN is the supreme resource for business –for the country.
A lot can be written on this topic...but considering shift in perspectives/philosophy/objectives will give right understanding about both the regime.
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65