Underpinning Social and Economic Reasons for HRM Transition, The evolution of HRM has been significantly influenced by a complex interplay of social and economic factors. These factors have driven a shift from traditional administrative roles to strategic business partners. In essence, the evolution of HR reflects a broader shift towards human capital as a critical organisational asset. HR professionals are increasingly expected to be strategic thinkers, change leaders, and employee advocates, driving business success through effective people management.