This document provides an overview of human resource management. It defines HRM as focusing on managing employees at all levels to achieve organizational goals. Employees are the most valuable asset of an organization. HRM helps with recruiting, selecting, training, and developing employees. The document also discusses the nature and scope of HRM, key human resource objectives including improving performance and competitiveness, and the importance of HRM such as effectively managing people and linking performance to competencies. Finally, it lists future challenges for managers like changes in the size and education level of the workforce, technology advances, and mobility of professional personnel.
3. INTRODUCTION
• Human Resource Management is defined as a system of activities and
strategies that focus on successfully managing employees at all levels of an
organization to achieve organizational goals (Byars & Rue, 2006)
• Employees are the human resources of an organization and its most valuable
asset.
• It is also a management function that helps manager’s recruit, select, train and
develop members of organization.
4. BEFORE QUOTING THE DEFINITIONS, THESE ARE THE
ESSENTIALS AND CORE POINTS IN DEFINITIONS:
• They are people. They are the ones who staff and manage organizations.
• It involves the application of management functions and principles.
• Decisions relating to employees must do consistent with other human
resource (HR) decisions.
• Decisions made must influence the effectiveness and betterment of an
organizations.
• They are non applicable only in business world, they are applicable also
in non business world such as EDUCATION, HEALTH CARE,
RECREATION AND THE LIKE.
5.
6. NATURE OF HRM
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7. SCOPE OF HRM
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8. SCOPE OF HRM
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14. When we talk about the
importance of Human
Resource Management.
We must perform six
important people-
related exercises to add
value to a company.
These are some of them:
1.They are effectively managing and
utilizing people.
2.Performance evaluation and
compensation are linked to competencies.
3.Individual and organizational
performance can be improved by
developing competencies.
4.It is improving competitiveness by
increasing innovation, creativity, and
flexibility.
5.They are designing work processes,
succession planning, career development.
It also follows inter-organizational mobility
using new approaches.
6.They are improving staffing, training,
and employee communication. It manages
the implementation and integration of
technology.
15. 1) INCREASING SIZE OF WORKFORCE
2) INCREASE IN EDUCATION LEVEL
3) TECHNOLOGICAL ADVANCES
4) CHANGES IN POLITICAL ENVIRONMENT
5) INCREASING ASPIRATIONS OF EMPLOYEES
6) CHANGING PSYCHOSOCIAL SYSTEM
7) COMPUTERIZED INFORMATION SYSTEM
8) MOBILITY OF PROFESSIONAL PERSONNEL
9) CHANGES IN LEGAL ENVIRONMENT
10) MANAGEMENT OF HUMAN RELATIONS
FUTURE CHALLENGES BEFORE MANAGERS