2. HUMAN RESOURCE MANAGEMENT
HRM refers to planning, organising,
directing and controlling of the
procurement, development,
compensation, integration, motivation,
maintenance and separation of human
resource to the end that individual,
organizational and social objectives are
accomplished.
3. HRM is.....
Proactive (Personnel and Labour Management
was reactive)
Strategic in nature
Plays dual role
Dynamic and consistently changing
Helps in development of worker’s skills, abilities.
4. FUNCTIONS OF HRM
Managerial Functions (planning, organising, directing and
controlling)
Human Resource Planning
Acquisition of HR (Recruitment, Selection, Placement and
Training)
Motivating and maintaining
workers
Maintain healthy human
relations in organization
5. MANAGERIAL FUNCTIONS
PLANNING includes establishment of goals and standards,
developing rules and procedures.
ORGANIZING includes giving each subordinate a specific
task, establishing departments, delegating authority to
subordinates, establishing channels of authority and
communication, co-ordinating subordinates work.
DIRECTING includes motivating commanding, leading and
activating subordinates.
CONTROLLING includes setting standards and comparing it
with actual performance.
6. HUMAN RESOURCE PLANNING
Getting the right number of persons
With right skills, experiences and competencies
At the right place
At the right time and
At the right cost
7. ACCQUISITION OF HR
Conducting job analyses (determining the nature of
each employee’s job)
Planning labour needs and recruiting job candidates
Selecting job candidates
Orienting and training new
employees
Assess effectiveness of training
programme
8. MOTIVATING WORKERS
Providing incentives and benefits
Appraising performance
Communicating (interviewing,
counselling, disciplining)
Training and developing managers
Building employee commitment
Maintenance of workforce
9. MAINTAINING HEALTHY
HUMAN RELATION
Motivating and Boosting employee
morale
Interpersonal skills
Redressing employees grievances properly and in time
Job satisfaction and quality of work life
Counselling employees in solving personal and work
problems
10. CONCLUSION
Human resource gives innovative ideas,
grows consistently, has unique social,
economic and cultural background but at
the same time it is complex and
unpredictable hence it must be utilised
to its best since it is the resource that
maintains all other resources and HRM is
the way to it.....