2. What is HRM?
Human – people
Resource – assets/costs for organizations
Management – co-ordination and control to
achieve set goals.
But humans, unlike other resources in the context of
work and management, cause problem.
3. According to Edwin B. Flippo
“Personnel or human resource management
is the planning, organising, directing and
controlling of the procurement, development,
compensation, integration, maintenance of
human resource to the end so that individual,
organizational and societal objectives are
accomplished.”
4. Nature of HRM
Continuous process
Flexible
People oriented
Development oriented
Futuristic
Pervasive
Multi-disciplinary
Action oriented
Integrating mechanism
6. HRM Objectives…
To help the organisation attain its goals by providing well
trained and well motivated employees
To utilise the skills and knowledge of employees effeciently and
effectively
To established and maintain productive working relationship
among all the members of the organisation
To bring about maximum individual development of members of
the organisation by providing opportunities for their carrier
development
To maintain high morale and good human relations within the
organisation
7. HRM Objectives…
Employee job satisfaction, self-actualization and
motivation
Employee effectiveness and efficiency
Improved quality (innovation & Creativity)
Cost-effectiveness and competitiveness
Labor flexibility
Rewards and incentives linked to performance
Recognition of human resource or people issues at
the strategic level