Human Resource Management Introduction
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Questions and Answers

What does HRM stand for?

Human Resource Management

Which disciplines does HR apply according to the content?

  • Economics
  • Psychology
  • Sociology
  • All of the above (correct)
  • HRM focuses on efficiently managing an organization's financial resources.

    False

    HRM aims to ensure that the organization has the ________, skilled, and engaged people it needs.

    <p>talented</p> Signup and view all the answers

    Match the HRM roles with their descriptions:

    <p>HR Planning = Planning labor needs Recruitment and Selection = Selecting new employees Training and Development = Enhancing employees' skills Performance Management = Tracking and evaluating employee performance</p> Signup and view all the answers

    What is the central premise of strategic human resource management theory?

    <p>Successful organizational performance depends on a close fit or alignment between business and human resource strategy.</p> Signup and view all the answers

    What are the aims of SHRM? (Select all that apply)

    <p>Generate strategic capabilities by ensuring skilled, committed &amp; well motivated employees</p> Signup and view all the answers

    HR implications of cost differentiation strategy include structured jobs & departments to maximize _____ and knowledge sharing.

    <p>cross training</p> Signup and view all the answers

    The provision of advice and services related to human resource management is the responsibility of the HR function.

    <p>True</p> Signup and view all the answers

    Match the HR strategy models with their descriptions:

    <p>Harvard's framework for HR management = Line managers are responsible for aligning competitive strategy with HR Delivery model adopted by the HR function = Organization's HR architecture consisting of HR systems, practices, and delivery model</p> Signup and view all the answers

    Study Notes

    Human Resource Management (HRM)

    • HRM is the function within an organization that focuses on recruitment, management, and providing direction for the people who work in the organization.

    Defining HRM

    • HRM is the managerial utilization of the efforts, knowledge, capabilities, and committed behaviors of people who contribute to an organization.
    • HRM is a strategic and coherent approach to the management of an organization's most valued asset – the people working there who individually and collectively contribute to its objectives.

    Aims of HRM

    • Support the organization in achieving its objectives by developing and implementing HR strategies that are integrated with the business strategy.
    • Ensure that the organization has the talented, skilled, and engaged people it needs.
    • Create a positive employment relationship between management and employees and a climate of mutual trust.

    HRM Defined

    • HR is multidisciplinary, applying disciplines such as Economics, Psychology, and Sociology.

    Evolution of HRM

    • Welfare Officer: Concerned about the welfare of workers, particularly women, in response to harsh industrial conditions and trade union pressures.
    • Labour Manager: Handled absence, recruitment, dismissal, and queries over bonuses in big industries.
    • Personnel Manager: Integrated employment management and welfare work under the broad term 'personnel management'.

    Personnel Management vs. HRM

    • Personnel Management: Focuses on the work force and their relationship with the entity, emphasizing implementation of procedures.
    • HRM: Focuses on the most effective use of manpower to achieve organizational goals, emphasizing strategy and competitive pay and conditions.

    Basic Concepts of HR

    • An organization is made up of four resources: humans, materials, money, and machinery.
    • Humans make use of the other three resources.

    Key Assumption

    • Employees are the most important asset of the organization, and their quality and effectiveness determine the organization's success.

    Typical HR Roles

    • HR planning, recruitment, and selection, promotion, transfers, and dismissals.
    • Orientation, induction, training, and development, coaching, policy recommendation, organizational development, and job analysis.
    • Performance management, health and safety, collective bargaining, and managing relations.
    • Developing and designing systems or processes that facilitate organizational restructuring.

    Functions of Management in HRM

    • Planning: Determining goals and laying down policies and procedures to reach them.
    • Organising: Structuring work, grouping personnel activities, and assigning tasks.
    • Directing: Encouraging employees to work towards organizational goals.
    • Controlling: Observing and comparing results with standards and correcting deviations.
    • Staffing: Attracting, recruiting, and retaining talent within the organization.

    The Roles of HR Professionals

    • General Role: Contributing to the organizational strategy, developing integrated HR strategies, and providing guidance on HR matters.
    • Service Delivery Role: Emphasizing transactional and day-to-day activities such as recruitment, training, and employment law matters.
    • Strategic Role: Contributing to the development of the business strategy by advising on how the business can achieve its goals using HR.
    • HR People as Innovators: Introducing new processes and procedures to improve organizational effectiveness.
    • Change Agent Role: Facilitating change by providing advice and support on its introduction and management.
    • HR Business Partners: Sharing responsibility with line management colleagues for the success of the enterprise and implementing the business strategy.

    HR Model

    • HR officers are part of the organizational management and must perform the basic managerial functions.

    HRM Environment

    • External factors such as the complexity of the external environment and influences that appear most pertinent must be recognized and addressed by HR officers.

    Strategic HRM

    • Strategic HRM is an approach that defines how an organization's goals will be achieved through people by means of HR strategies and integrated HR policies and practices.
    • It is concerned with achieving a close fit or alignment between business and human resource strategy.

    Aims of SHRM

    • Generate strategic capabilities by ensuring the organization has skilled, committed, and well-motivated employees.
    • Integrate with the organizational strategy.
    • Provide a sense of direction in an often turbulent environment.

    Organizational Strategies and HR Implications

    • Cost differentiation strategy: provide great value at low cost, emphasizing on acquiring materials at low cost, streamlining processes, and minimizing wastes.
    • HR implications: jobs and departments are structured to maximize cross-training and knowledge sharing, compensation programs reward savings and cost savings, and employees are selected on the basis of cost-saving skills.
    • Product differentiation strategy: product/service is similar to competitors but incorporates a feature(s) that differentiates it.
    • HR implications: compensation systems reward creativity and innovation, employees need to be educated about product/service differentiating features, and marketing campaigns are created to promote special product features.
    • Customer intimacy strategy: strong personal relationship between provider of product/service and customer.
    • HR implications: recruit and select job candidates with strong customer service and customer relations skills, and emphasize versatility and adaptability in employees.
    • Customer/market focus strategy: unique target market characteristics.
    • HR implications: use market research to drive recruitment and selection, and employees need to have a strong understanding of the target market.

    Delivery of the HR Strategy

    • The framework for delivering HRM is provided by the HR architecture of an organization, which consists of HR systems, HR practices, and HR delivery models.
    • The delivery of HRM is the responsibility of line managers who put HR strategies and policies into practice.

    HR Models in Organizations

    • Models help explain the role of HR in organizations and how the HR department operates.
    • Examples include Harvard's framework for HR management, which emphasizes the alignment of a competitive strategy and HR strategy.

    Engaging and Aligning HR and Business Strategies

    • HR function delivers through the provision of advice and services relating to human resource management.
    • HR tools include engagement, reward, development, foundational aspects like pay and recruitment.

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    Related Documents

    Strategic HRM (3).pptx

    Description

    Learn about the definition and function of Human Resource Management (HRM) in an organization, including recruitment, management, and direction of employees.

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