General knowledge.

1. Committed People → Amount of innovative products → Competitive advantage 
                 ↑→→→→→→→→ Directly related →→→→→→→→→↑

2. What is people management?
It's all those management utilities administer, recruitment, selection, work for, design, motive and control workers.



HRM comprises a number of discrete but overlapping areas of managerial activity. five broad Functions of HRM central to managing the workforce:
• Resourcing – Activities include HR planning (matching organisational demand for workers with supply), recruitment, selection, induction, talent management, succession planning and ending the employment contract (including managing retirement and redundancy).

• Performance – Managing individual and team performance and the contribution of workers to the achievement of organisational goals, for example, through goal setting and performance appraisals.

• Reward – Designing and implementing reward systems covering individual and collective, financial and non-financial rewards, including pay structures, benefits, perks and pensions.

• Learning and Development – Identifying individual, team and organisational development requirements and designing, implementing and evaluating training and development interventions.

• Employment relations – Managing employee ‘voice’, communication and employee involvement in organisational decision-making, handling union–management relations (including industrial action and collective bargaining over terms and conditions of employment), managing employee welfare and handling employee grievance and discipline.
(According to Peter Boxall and John Purcell)