Introduction, Meaning, Features, Characteristics, Functions and Process

1. HUMAN RESOURCE
MANAGEMENT
Dr. R. MUTHU KRISHNAVENI
Asst. Prof.

2. Introduction
◦ Human: refers to the skilled workforce in an organization.
◦ Resource: refers to limited availability or scarce.
◦ Management: refers how to optimize and make best use of such limited or scarce resource
so as to meet the organization goals and objectives.
◦ This will be our focus throughout the text: generation of revenue through the use of people’s skills and
abilities.

3. Meaning
◦ Human Resource Management is the process of recruiting, selecting, inducting employees, providing
orientation, imparting training and development, appraising the performance of employees, deciding
compensation and providing benefits, motivating employees, maintaining proper relations with
employees and their trade unions, ensuring employees safety, welfare and health measures in compliance
with labour laws of the land

4. Definition
◦ Edwin Flippo defines- Human Resource Management as “planning, organizing, directing,
controlling of procurement, development, compensation, integration , maintenance and
separation of human resources to the end that individual, organizational and social objectives
are achieved.”

5. Objectives

6. Characteristics
◦ It is an art and a science
◦ It is pervasive
◦ It is a continuous process
◦ HRM is a service function
◦ HRM must be regulation-friendly
◦ Interdisciplinary and fast changing
◦ Focus on results
◦ People-centred
◦ Human relations philosophy
◦ An integrated concept

7. Importance
◦ Achieve the objective
◦ Facilitates professional growth
◦ Better relations between union and management
◦ Helps an individual to work in a team/group
◦ Identifies person for the future
◦ Allocating the jobs to the right person
◦ Improves the economy

8. Functions
◦ The main functions of human resource management are classified into two categories:
◦ (a) Managerial Functions
◦ Planning
◦ Organisation
◦ Directing
◦ controlling
◦ (b) Operative Functions
◦ Procurement of Personnel
◦ Development of Personnel
◦ Compensation to Personnel
◦ Maintaining Good Relation
◦ Record Keeping

9. HRM methods
◦ Leadership
◦ Monitoring
◦ Education Climate Assessment
◦ Competence Management / Knowledge Management and Performance Evaluation
◦ Incentive Systems
◦ Analytical and Problem Solving and Teamwork
◦ Meetings Management
◦ Internal Communication

10. Process