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  • 1. Introduction to HRM Overview
  • 2. Contents
    • HRM: Concept & Its Definition
    • Importance of HRM
    • Functions of HRM
    • HRM Department: Organisation & Role
    • HRM vs. HRD
    • Limitations of HRM
    • Challenges before HRM
  • 3. Human Resources…
    • Are the greatest assets of an Org.
    • All other resources get connected through men
    • To make them deliver they need to be –
      • Properly selected
      • Properly trained
      • Properly motivated
  • 4. Definitions of HRM
    • “ HRM is the function facilitating the most effective use of people to achieve both organizational and individual goals”
    • “ HRM is that field of management which deals with planning, organizing & controlling the functions of procuring, developing, maintaining and utilizing a labor force such that organizational & individual goals are fulfilled”
  • 5. HRM is
    • Process of acquiring, training, appraising and compensating employees such that they are motivated to achieve both the organisational and individual goals
  • 6. Importance of HRM
    • Importance of human resources can be discussed at four levels:
      • Corporate
      • Professional
      • Social
      • National
  • 7. Corporate
    • HRM can help an enterprise in the following ways:
      • Attracting talent through effective HRP
      • Developing necessary skills & attitude with training
      • Securing cooperation through motivation
      • Retaining talent through the right policies
  • 8. Professional
    • HRM helps improve quality of work life and contributes to growth in the following ways:
      • Opportunities for personal development
      • Motivating work environment
      • Proper allocation of work
      • Healthy relationships between individuals & groups
  • 9. Social
    • Society benefits from good HRM in many ways:
      • Good employment opportunities
      • Development of human capital
      • Generation of income & consumption
      • Better lifestyles
  • 10. National
    • Drivers of development of a country
    • Deliver economic growth
  • 11. Functions of HRM
    • The process of HRM consists of 4 basic functions:
      • Acquisition of human resources
      • Development of human resources
      • Motivation of human resources
      • Maintenance of human resources
  • 12. Acquisition Function
    • Process of identifying and employing people possessing required level of skills
      • Job Analysis
      • HRP
      • Recruitment
      • Selection
  • 13. Development Function
    • Process of improving, moulding and changing the skills, knowledge and ability of an employee
      • Employee Training
      • Management Development
      • Career Development
  • 14. 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
      • Monitoring
  • 15. Maintenance Function
    • Process of providing employees the working conditions that help maintain their motivation and commitment to the organisation
      • Satisfaction Levels
      • Retention
  • 16. Organisation of HRM Department DIRECTOR (HRD) MANAGER (PERSONNEL) MANAGER (ADMINISTRATION) MANAGER (HRD) HR PLANNING RECRUITMENT & SELECTION WELFARE LEAVE RECORDS TRAINING & DEVELOPMENT PERFORMANCE APPRAISAL
  • 17. Role of HR Manager
    • Job Design / Job Analysis
    • Human Resource Planning
    • Recruitment & Selection
    • Training & Development
    • Performance Appraisal
    • Compensation / Benefits
    • Personnel Information Systems
    • Employee Motivation / Assistance
  • 18. 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
  • 19. Limitations of HRM
    • HRM only a ‘support function’!
    • Training programs only a ‘cost’!
    • Not an ‘as & when needed’ function!
    • Not specifically qualified / trained people!
    • Inadequate information systems / records!
    • Misunderstood as HRD!
  • 20. Challenges before HRM
    • Globalisation (More productivity)
    • Technological Trends (New skill set)
    • Increasing Service Sector (Customer Interface)
    • Working Trends (9 to 9!)
    • Demographic Trends (Young India!)
  • 21. Summary
    • HRM: Concept & Its Definition
    • Importance of HRM
    • Functions of HRM
    • HRM Department: Organisation & Role
    • HRM vs. HRD
    • Limitations of HRM
    • Challenges before HRM