Evolution of hrm
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EVOLUTION OF HRM
BY: AMAL JAISWALMBA 2nd (B)
source: Prof. Happy Paul slides.
![Page 2: Evolution of hrm](https://reader035.fdocuments.us/reader035/viewer/2022081505/555dd98cd8b42a1e2c8b46d6/html5/thumbnails/2.jpg)
Source :Prof. Happy Paul sir's slides.
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EVOLUTION OF HRM CONCEPT
The commodity concept The Factor of Production (Fop) concept The Goodwill concept The Paternalistic concept The Humanitarian/Human Relations concept The Human Resource/Modern concept The Emerging concept
source: Prof. Happy Paul slides.
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COMODITY CONCEPT
• Workers were considered as a commodity like any other factor of production which can be bought.
• The working conditions were worst, workers worked from dawn to dusk under unhygienic, unsafe working conditions for low wages
source: Prof. Happy Paul slides.
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FACTORS OF PRODUCTION• Scientific methods of production, scientific selection, training of workers, and compensating them handsomely for achieving output standards
Source: Prof. Happy Paul slides.
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GOODWILL CONCEPT• Welfare measures like safety, first aid, lunch room, rest room were provided to have a positive impact on worker’s productivity
source: Prof. Happy Paul slides.
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PATERNALISTIC CONCEPT
• Management assumed a fatherly and protective attitudes towards employees
• The approach of management was as if they offering a favour rather than giving as rights
source: Prof. Happy Paul slides.
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H.R CONCEPT
• Considers human resources as an asset for a sustainable competitive advantage
• Conscious effort to realize organizational goals by satisfying needs and aspirations of employees
Source :Prof. Happy Paul slides.
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EMERGING CONCEPT
• Today's workforce considers themselves as partners in industry.
• Employee empowerment practices like stock option plans, profit sharing plans and more autonomy and challenging responsibilities for workforce.
source: Prof. Happy Paul slides.
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Thank you…!!