Podcast
Questions and Answers
What is the primary goal of Human Resource Management?
What is the primary goal of Human Resource Management?
What is the definition of human resource?
What is the definition of human resource?
What is the outcome of effective Human Resource Management?
What is the outcome of effective Human Resource Management?
What is the scope of Human Resource Management in the present day scenario?
What is the scope of Human Resource Management in the present day scenario?
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What is the role of HRM in an organisation?
What is the role of HRM in an organisation?
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What is the key function of HRM?
What is the key function of HRM?
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What is the outcome of managing employees well?
What is the outcome of managing employees well?
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What is the importance of human resource in an organisation?
What is the importance of human resource in an organisation?
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What is human resource in the context of an organisation?
What is human resource in the context of an organisation?
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Why is it important for an organisation to manage its human resource effectively?
Why is it important for an organisation to manage its human resource effectively?
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What is the primary focus of Human Resource Management?
What is the primary focus of Human Resource Management?
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What is the benefit of HRM for an organisation?
What is the benefit of HRM for an organisation?
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What is the benefit of HRM for employees?
What is the benefit of HRM for employees?
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What is the definition of Human Resource Management according to Invancevich and Gluek?
What is the definition of Human Resource Management according to Invancevich and Gluek?
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What is the primary objective of Human Resource Management as an organisational function?
What is the primary objective of Human Resource Management as an organisational function?
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What is the outcome of inefficient management of human resource in an organisation?
What is the outcome of inefficient management of human resource in an organisation?
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Study Notes
Human Resource Management (HRM)
- HRM is a comprehensive process of acquiring, developing, motivating, and maintaining a pool of efficient employees.
- The main aim of HRM is to ensure the right people with the right skills for the right job position in an organisation.
- Key functions of HRM include recruiting people, training them, appraising their performance, motivating them, ensuring their health and safety, and managing workplace communication.
Importance of HRM
- Human resource has become an invaluable asset for organisations.
- Effective HRM encourages employees to work efficiently towards the accomplishment of organisational goals and objectives.
- Inefficient management of human resource may create difficulties for an organisation, such as employee dissatisfaction and unclear organisational goals and objectives.
Definition of Human Resource
- Human resource is a group of individuals that forms the workforce of an organisation.
- It is responsible for executing various operations and functions of the organisation.
Definition of HRM
- HRM can be defined as a comprehensive process that involves acquiring, recruiting, and maintaining an efficient pool of employees in an organisation.
- It focuses on employees' issues related to recruitment, selection, compensation, benefits, training, and development.
- HRM aims at developing employees' skills and attributes so that they can serve their best to the organisation.
Benefits of HRM
- HRM is beneficial for both an organisation and its employees.
- For the organisation, HRM aims at maintaining an effective work culture and environment.
- For employees, HRM provides a direction to work towards organisational goals and objectives, which motivates them to perform efficiently.
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Description
Learn about human resource management and its functions, challenges, and relation to strategic management. Understand the concept of personnel management and the importance of treating employees well.