Podcast
Questions and Answers
What is the mantra followed by many companies?
What is the mantra followed by many companies?
- 'Act Local, Think Global'
- 'Be Local, Think Global' (correct)
- 'Think Local, Act Global'
- 'Be Global, Act Local'
In the field of Information Technology, what is a common trend for professionals today?
In the field of Information Technology, what is a common trend for professionals today?
- Enrolling for an MBA degree in Finance (correct)
- Starting their own business
- Switching to non-technical roles
- Pursuing a degree in Marketing
How has technology impacted HR functions?
How has technology impacted HR functions?
- Streamlined the recruitment process
- Made employee training obsolete
- Increased the need for continuous learning (correct)
- Reduced the need for skilled professionals
What cultural factor influences the work attitude of human resources?
What cultural factor influences the work attitude of human resources?
Why do HR managers need to devise new strategies for highly talented professionals?
Why do HR managers need to devise new strategies for highly talented professionals?
What has become a common practice due to technology advancement in terms of work location?
What has become a common practice due to technology advancement in terms of work location?
What period saw the development of scientific management ideas by Frederick Taylor?
What period saw the development of scientific management ideas by Frederick Taylor?
During which period did the discipline of industrial psychology begin to develop?
During which period did the discipline of industrial psychology begin to develop?
Which period saw advancements in employment testing and selection due to industrial psychology and World War I?
Which period saw advancements in employment testing and selection due to industrial psychology and World War I?
In which period did the 'Hawthorne Studies' begin to have an impact on management thought and practice?
In which period did the 'Hawthorne Studies' begin to have an impact on management thought and practice?
During which period did a surge in union membership lead to a greater emphasis on collective bargaining and labour relations?
During which period did a surge in union membership lead to a greater emphasis on collective bargaining and labour relations?
What key legislation passed during the period 1965-1985 is mentioned in the text?
What key legislation passed during the period 1965-1985 is mentioned in the text?
What is the main objective of Human Resource Management (HRM)?
What is the main objective of Human Resource Management (HRM)?
In the context of HRM, what is the significance of Employee Engagement (EE)?
In the context of HRM, what is the significance of Employee Engagement (EE)?
What is a key aspect of Work from Home (WFH) that organizations need to consider?
What is a key aspect of Work from Home (WFH) that organizations need to consider?
How has Human Resource Management (HRM) evolved over the years?
How has Human Resource Management (HRM) evolved over the years?
What role does academic theory play in Human Resource Management (HRM)?
What role does academic theory play in Human Resource Management (HRM)?
What is the future trend of Human Resource Management (HRM) mentioned in the text?
What is the future trend of Human Resource Management (HRM) mentioned in the text?
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Study Notes
Evolution of Human Resource Management
- Human Resource Management (HRM) developed gradually over time with key milestones:
- 1890-1910: Frederick Taylor develops ideas on scientific management, advocating for scientific selection of workers based on qualifications and experience.
- 1910-1930: Companies establish departments for worker welfare, and industrial psychology begins to develop, leading to advancements in employment testing and selection.
- 1930-1945: The 'Hawthorne Studies' emphasize the social and informal aspects of the workplace, highlighting the importance of job satisfaction in increasing productivity.
- 1945-1965: Union membership surges in the US, leading to a greater emphasis on collective bargaining, labor relations, and compensation and benefits administration.
- 1965-1985: The Civil Rights Movement in the US leads to a greater emphasis on equal employment opportunities.
Introduction to Human Resource Management
- Human Resource Management (HRM) involves functions such as:
- Job analysis
- Manpower planning
- Recruitment, selection, induction, and orientation
- Motivation
- Training and development
- Employee engagement
- Performance appraisal
- Employee welfare
- Compensation administration
- Separation
- Human Resource Information System
- Work-life quality and related issues
- Total quality and human resource management
- Ethics in human resource management
- Recent trends in HRM
Factors Affecting Human Resource Management
- Technological factors:
- Constant changes in technology require HR managers to devise new strategies to motivate, train, and retain employees.
- Employees need to stay updated with recent technological changes, especially in Information Technology.
- Cultural factors:
- Cultural background influences attitude towards work, work ethics, achievement needs, and effort-reward expectations.
- Examples: Japanese workers are dedicated to achieving high quality, while Indian workers are committed to work and loyal to their organizations.
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