HR Management PDF

Summary

This document provides an overview of human resource management (HRM). It covers topics such as the importance of HRM, objectives of HRM, essential HRM skills, strategic HRM, the importance of strategic HRM, steps to strategic HRM, human resource planning and tools for human resource planning

Full Transcript

HUMAN RESOURCE MANAGEMENT ========================= The Importance of Human Resource Management ------------------------------------------- OBJECTIVES OF HUMAN RESOURCE MANAGEMENT ======================================= 1. Societal objectives 2. Organizational Objectives 3. Functional Object...

HUMAN RESOURCE MANAGEMENT ========================= The Importance of Human Resource Management ------------------------------------------- OBJECTIVES OF HUMAN RESOURCE MANAGEMENT ======================================= 1. Societal objectives 2. Organizational Objectives 3. Functional Objectives 4. Personal Objectives Essential HR Management Skills ============================== - Communication - Recruitment and talent acquisition - Employee relations - Compliance with legal requirements - Conflict management and resolution - Performance management - Strategic thinking - Analytics - Adaptability - Ethics and confidentiality STRATEGIC HUMAN RESOURCES MANAGEMENT ==================================== SHRM programs and policies includes: ------------------------------------ - Performance Management - Training and Development - Compensation and Benefits - Employee Relations IMPORTANCE OF STRATEGIC HR MANAGEMENT ===================================== - Improve employee performance - Develop the workforce - Create a positive work environment - Reduce turnover - Improve productivity 5 STEPS TO STRATEGIC HR MANAGEMENT ================================== 1. Know your company's goals and abilities 2. Forecast future needs 3. Determine the resources needed to achieve company goals 4. Execute your plan 5. Assess and pivot HUMAN RESOURCE PLANNING ======================= 1. Analyze the company\'s current employees and their offerings 2. Make predictions about future changes to current employees - Supply Forecasting - Demand Forecasting 3. Conduct a gap analysis to determine new hiring needs and other factors 4. Integrate your HR plan into the organization TOOLS FOR HUMAN RESOURCE PLANNING ================================= - Surveys - HR dashboards - Performance Management System - Human Resource Management Systems (HRIS) - Compensation and benefits analysis software

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