Human Resource Management (HRM) Lesson 1 PDF

Human Resource Management HRM  Human Resource Management HRM suggests picking, developing, inspiring, and maintaining human resources within the organization. It initially selects the proper human resources or workers. It trains and develops them. It motivates them by giving them...

Human Resource Management HRM  Human Resource Management HRM suggests picking, developing, inspiring, and maintaining human resources within the organization. It initially selects the proper human resources or workers. It trains and develops them. It motivates them by giving them recognition and rewards. It additionally provides them with the simplest operating conditions. Key Component of HRM Manpower Planning Management Information Recruitments system Performance Staff Relation Management Training and Development  Key Element of HRM HRM allows enterprises to automate several aspects of human resource management, with the twin edges of reducing the employment of the unit-of-time department and increasing the potency of the department by standardizing unit-of-time processes. Management Systems have the subsequent key modules: Organization Payroll Time & Attendance Benefits Administration HR Management Information System Recruiting Training Employee Self-Service Reports  Model of HRM Strategic HRM HR Strategic- Strategies Management Overall / Speci ies Strategic role of HR Strategic Choice Strategic Analysis f  Scope of HRM Human Resource Planning Acquisition Function Placement Function Performance Appraisal Career Development Training and Development Quality of Work Life Employees' Welfare Compensation Function Labour Relations Maintenance Function  Characteristics of HRM The characteristics of the HRM concept as it emerged from the writing of the pioneers and slate commentators are that it is Divers Strategic with an emphasis on integration Commitment – oriented Based on the belief that people should be treated as assets Unitary rather than pluralist, individualistic rather than collective in its approach to employee relation A management-driven activity , the delivery of HRM is a line management responsibility Focused on business values  Human Resource Planning Meaning - assessment of Human Resource requirements and the time and stages of requirement. Right person -At Right place -At Right time. De inition – HRP is defined as the process by which management determines how an org should move from its current manpower position to its desired manpower position. f  Function of HR Management Function Objective Function Planning Staffing Organizing Development Directing Compensation Controlling Motivation Maintenance Integration  What is the Purpose of HRM Human Resource Management is predicated on the economic utilization of staff to achieve two main goals at intervals in a company or various organizations. The 1st goal is to effectively build use of the skills and skills of staff to attain the operational objectives that square measure the final word aim of the organization. In conjunction with realizing the organization's goals, Human Resource management seeks to ensure that the individual worker is happy with each operating setting and, therefore, the compensation and edges he or she receives.  Policy Goal of HRM Managing people as assets that are fundamental to the competitive advantages of the organization Aligning HRM policies with business policies and corporate strategy Developing a close fit of HR policies, procedures, and systems with one another. Creating a flatter and more flexible organization capable of responding more quickly to change Empowering employees to manage their self-development and learning Developing reward strategies designed to support a p e r f o r m a n c e - driven culture Improving employee involvement through better internal communication Building greater employee commitment to the organization Increasing line management responsibility for HR policies Developing the facilitating role of managers as enablers  Future of HR Management HRM as a Process Continuous Process Focus on Objectives Universal Application Integrated use of Subsystems Multidisciplinary Develops Team Spirit Develops Staff Potentialities Key Elements for Solving Problems Long Term Benefits QUESTIONS? COMMENTS? REACTIONS?