Unit 3 Session 2.pptx

Online MBA Semester I ORGANIZATIONAL BEHAVIOUR & HUMAN RESOURCE MANAGEMENT Course Code - (OMBA-103) Unit 3: Human Resource Management Lesson 2 : Introduction to Human Resource Management (Part II) Human Resource Management Introduction to Human Resource Management Learning Objectives: • Scope of...

Online MBA Semester I ORGANIZATIONAL BEHAVIOUR & HUMAN RESOURCE MANAGEMENT Course Code - (OMBA-103) Unit 3: Human Resource Management Lesson 2 : Introduction to Human Resource Management (Part II) Human Resource Management Introduction to Human Resource Management Learning Objectives: • Scope of HRM • Integration of Objectives • Evolution of HRM • Organization of HRM • Bad and good HRM Policies • Principles of HRM 2 Human Resource Management Introduction to Human Resource Management Scope of HRM (Source: V.S.P. Rao, p. 3) 3 Human Resource Management Human Resource Management Objectives Introduction to Human Resource Management Societal Organizational Functional Personal 4 Human Resource Management Introduction to Human Resource Management Societal Objectives: To be ethically and socially responsive to the needs and challenges of the society while minimizing the negative impact of such demands on the organization. Organizational Objectives: To recognize the role of HRM in bringing about organizational effectiveness. 5 Human Resource Management Introduction to Human Resource Management Functional Objectives: To maintain the department’s contribution at a level appropriate to the organization’s needs. Personal Objectives: To assist employees in achieving their personal goals, at least in so far as the goals enhance the individual’s contribution to the organization. 6 Human Resource Management Introduction to Human Resource Management Specifically, HRM aims at….. • Identifying and Developing People • Retaining Suitable Employees • Creating a Cohesive Work Culture • Educating Managerial Personnel • Conducting Research • Developing a Communication System. 7 Human Resource Management Introduction to Human Resource Management 8 Human Resource Management Introduction to Human Resource Management Organization for HR • When the HR Director has to set up a new HR Organizational Structure, the questions to be answered are the following: • What are the real needs of the internal customers? • What are the costs the organization wants to carry? • What kind of the HRM Intervention the organization wants? • What future development can be expected? 9 Human Resource Management Introduction to Human Resource Management Manager HR In a Small Organization…. HR Coordinator Office Generalist 10 Human Resource Management Introduction to Human Resource Management 11 Human Resource Management Introduction to Human Resource Management Companies with bad HR policies: • Hire the wrong person • Experience high turnover (Attrition) • Have unproductive employees • Have employees who think their salaries are unfair • Waste time in useless interviews • Commit unfair labor practices 12 Human Resource Management Introduction to Human Resource Management Importance of HRM • Attract and retain talent • Train people for challenging roles • Develop skills and competencies Good HR • Promote team spirit Policies • Develop loyalty and commitment help • Increase productivity and profits • Improve job satisfaction • Enhance standard of living • Generate employment opportunities 13 Human Resource Management Introduction to Human Resource Management PRINCIPLES OF HRM Human resources management is guided by very important aspects. These aspects are essential for any business to succeed. Principles of Human Resources •Management have been well summarised in 10C’s. Comprehensiveness • Cost-effectiveness • Control • Coherence • Communication 14 Human Resource Management Introduction to Human Resource Management • • • • • Creativity Competence Credibility Change Management Commitment 15 Human Resource Management Introduction to Human Resource Management Besides these, some other principles of HRM are: • Focus on the situation, issue, or behaviour, not on the person • Maintain the self-confidence and self-esteem of others • Maintain good working relationships • Take initiative to make things better • Lead by example • Think beyond the moment 16 Online MBA Semester 1 Managerial Economics (OMBA102) All The Best