This document discusses changing trends in human resource management. It outlines 7 concepts in human resource management: the commodity concept, factor of production concept, goodwill concept, paternalistic concept, humanitarian concept, human resource concept, and emerging concept. The document was submitted by Somitra Upadhyay, an MBA student at the Asia Pacific Institute of Management in Ahmedabad, to their professor Umashankar for a class on changing trends in human resource management.

1. ASIA PACIFIC INSTITUTE OF MANAGEMENT
AHMEDABAD
Name - Somitra Upadhyay
Class – MBA 1st year
Submitted to Mr.
Umashankar Sir
Changing trends in Human Resource Management

3.  A set of beliefs and assumptions
 A strategic thrust embodying decisions about
people management
 The central involvement of line management
 Dependence upon a set of levers to
determine employee relationships

4. 1. The Commodity concept
2.The Factor of Production concept
3.The Goodwill concept
4.The Paternalistic concept/Paternalism
5.The Humanitarian concept
6.The Human Resource concept
7.The Emerging concept