Human Resource Management

Human Resource Management

Unit I

1 Concepts & Perspectives of Human Resource Management (HRM)

HRM is a process of bringing people and organizations together so that the goals

of each are met. It is that part of the management process, which is concerned

with management of human resources in an organization. In short, it may be

defined as the art of procuring, developing and maintaining competent

workforce to achieve the goals of an organization in an effective and efficient

manner.

HRM has the following characteristics:

1. Pervasive Force

2. Action Oriented

3. Individual Oriented

4. People Oriented

5. Development Oriented

6. Interdisciplinary Function

7. Continuous Function

2 HRM in Changing Environment

HRM has extremely important roles to play in managing changing environment. HRM has to visualize the future changes and start preparing human resource functions keeping in line with those changes. HRM also has to keep a strong watch on the response time to changes as any delay in responding can cause huge losses to the organization.

3 HRM Functions

1. Performance Appraisal

2. Potential Appraisal

3. Career Planning

4. Training and Employee Development

5. Organization Development

6. Rewards

7. Employee Welfare and Quality of Work Life

8. Human Resource Information

4 Role of HR Practitioners

Role of HR Practitioners is to ensure that all aspects of HRM are managed

successfully and all...