PowerPoint PresentationAll other resources get connected through men
To make them deliver they need to be –
Properly selected
Properly trained
Properly motivated
Definitions of HRM
Byers & Rue: “HRM is the function facilitating the most effective use of people to achieve both organisational and individual goals”
Michael Jucious: “HRM is that field of management which deals with planning, organising & controlling the functions of procuring, developing, maintaining and utilising a labour force such that organisational & individual goals are fulfilled”
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Process of acquiring, training, appraising and compensating employees such that they are motivated to achieve both the organisational and individual goals
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Importance of human resources can be discussed at four levels:
Corporate
Professional
Social
National
Attracting talent through effective HRP
Developing necessary skills & attitude with training
Securing cooperation through motivation
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Professional
HRM helps improve quality of work life and contributes to growth in the following ways:
Opportunities for personal development
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Good employment opportunities
Deliver economic growth
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Acquisition of human resources
Development of human resources
Motivation of human resources
Maintenance of human resources
H.R.M & OB
Acquisition Function
Process of identifying and employing people possessing required level of skills
Job Analysis
H.R.M & OB
Development Function
Process of improving, moulding and changing the skills, knowledge and ability of an employee
Employee Training
Management Development
Career Development
H.R.M & OB
Motivation Function
Process of integrating people into a work situation in a way that it encourages them to perform / deliver to the best of their ability
Understanding needs
Designing motivators
H.R.M & OB
Maintenance Function
Process of providing employees the working conditions that help maintain their motivation and commitment to the organisation
Satisfaction Levels
HRM vs. HRD
HRM is the process of effectively employing people in an organisation
HRD is the process of training & development of employees to make them effective
HRD is an important subset of HRM
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Not an ‘as & when needed’ function!
Not specifically qualified / trained people!
Inadequate information systems / records!
Demographic Trends (Young India!)