Ba hrm 01

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Ba hrm 01

  1. 1. Introduction to HRM Overview
  2. 2. Contents <ul><li>HRM: Concept & Its Definition </li></ul><ul><li>Importance of HRM </li></ul><ul><li>Functions of HRM </li></ul><ul><li>HRM Department: Organisation & Role </li></ul><ul><li>HRM vs. HRD </li></ul><ul><li>Limitations of HRM </li></ul><ul><li>Challenges before HRM </li></ul>
  3. 3. Human Resources… <ul><li>Are the greatest assets of an Org. </li></ul><ul><li>All other resources get connected through men </li></ul><ul><li>To make them deliver they need to be – </li></ul><ul><ul><li>Properly selected </li></ul></ul><ul><ul><li>Properly trained </li></ul></ul><ul><ul><li>Properly motivated </li></ul></ul>
  4. 4. Definitions of HRM <ul><li>“ HRM is the function facilitating the most effective use of people to achieve both organizational and individual goals” </li></ul><ul><li>“ HRM is that field of management which deals with planning, organizing & controlling the functions of procuring, developing, maintaining and utilizing a labor force such that organizational & individual goals are fulfilled” </li></ul>
  5. 5. HRM is <ul><li>Process of acquiring, training, appraising and compensating employees such that they are motivated to achieve both the organisational and individual goals </li></ul>
  6. 6. Importance of HRM <ul><li>Importance of human resources can be discussed at four levels: </li></ul><ul><ul><li>Corporate </li></ul></ul><ul><ul><li>Professional </li></ul></ul><ul><ul><li>Social </li></ul></ul><ul><ul><li>National </li></ul></ul>
  7. 7. Corporate <ul><li>HRM can help an enterprise in the following ways: </li></ul><ul><ul><li>Attracting talent through effective HRP </li></ul></ul><ul><ul><li>Developing necessary skills & attitude with training </li></ul></ul><ul><ul><li>Securing cooperation through motivation </li></ul></ul><ul><ul><li>Retaining talent through the right policies </li></ul></ul>
  8. 8. Professional <ul><li>HRM helps improve quality of work life and contributes to growth in the following ways: </li></ul><ul><ul><li>Opportunities for personal development </li></ul></ul><ul><ul><li>Motivating work environment </li></ul></ul><ul><ul><li>Proper allocation of work </li></ul></ul><ul><ul><li>Healthy relationships between individuals & groups </li></ul></ul>
  9. 9. Social <ul><li>Society benefits from good HRM in many ways: </li></ul><ul><ul><li>Good employment opportunities </li></ul></ul><ul><ul><li>Development of human capital </li></ul></ul><ul><ul><li>Generation of income & consumption </li></ul></ul><ul><ul><li>Better lifestyles </li></ul></ul>
  10. 10. National <ul><li>Drivers of development of a country </li></ul><ul><li>Deliver economic growth </li></ul>
  11. 11. Functions of HRM <ul><li>The process of HRM consists of 4 basic functions: </li></ul><ul><ul><li>Acquisition of human resources </li></ul></ul><ul><ul><li>Development of human resources </li></ul></ul><ul><ul><li>Motivation of human resources </li></ul></ul><ul><ul><li>Maintenance of human resources </li></ul></ul>
  12. 12. Acquisition Function <ul><li>Process of identifying and employing people possessing required level of skills </li></ul><ul><ul><li>Job Analysis </li></ul></ul><ul><ul><li>HRP </li></ul></ul><ul><ul><li>Recruitment </li></ul></ul><ul><ul><li>Selection </li></ul></ul>
  13. 13. Development Function <ul><li>Process of improving, moulding and changing the skills, knowledge and ability of an employee </li></ul><ul><ul><li>Employee Training </li></ul></ul><ul><ul><li>Management Development </li></ul></ul><ul><ul><li>Career Development </li></ul></ul>
  14. 14. Motivation Function <ul><li>Process of integrating people into a work situation in a way that it encourages them to perform / deliver to the best of their ability </li></ul><ul><ul><li>Understanding needs </li></ul></ul><ul><ul><li>Designing motivators </li></ul></ul><ul><ul><li>Monitoring </li></ul></ul>
  15. 15. Maintenance Function <ul><li>Process of providing employees the working conditions that help maintain their motivation and commitment to the organisation </li></ul><ul><ul><li>Satisfaction Levels </li></ul></ul><ul><ul><li>Retention </li></ul></ul>
  16. 16. Organisation of HRM Department DIRECTOR (HRD) MANAGER (PERSONNEL) MANAGER (ADMINISTRATION) MANAGER (HRD) HR PLANNING RECRUITMENT & SELECTION WELFARE LEAVE RECORDS TRAINING & DEVELOPMENT PERFORMANCE APPRAISAL
  17. 17. Role of HR Manager <ul><li>Job Design / Job Analysis </li></ul><ul><li>Human Resource Planning </li></ul><ul><li>Recruitment & Selection </li></ul><ul><li>Training & Development </li></ul><ul><li>Performance Appraisal </li></ul><ul><li>Compensation / Benefits </li></ul><ul><li>Personnel Information Systems </li></ul><ul><li>Employee Motivation / Assistance </li></ul>
  18. 18. HRM vs. HRD <ul><li>HRM is the process of effectively employing people in an organisation </li></ul><ul><li>HRD is the process of training & development of employees to make them effective </li></ul><ul><li>HRD is an important subset of HRM </li></ul>
  19. 19. Limitations of HRM <ul><li>HRM only a ‘support function’! </li></ul><ul><li>Training programs only a ‘cost’! </li></ul><ul><li>Not an ‘as & when needed’ function! </li></ul><ul><li>Not specifically qualified / trained people! </li></ul><ul><li>Inadequate information systems / records! </li></ul><ul><li>Misunderstood as HRD! </li></ul>
  20. 20. Challenges before HRM <ul><li>Globalisation (More productivity) </li></ul><ul><li>Technological Trends (New skill set) </li></ul><ul><li>Increasing Service Sector (Customer Interface) </li></ul><ul><li>Working Trends (9 to 9!) </li></ul><ul><li>Demographic Trends (Young India!) </li></ul>
  21. 21. Summary <ul><li>HRM: Concept & Its Definition </li></ul><ul><li>Importance of HRM </li></ul><ul><li>Functions of HRM </li></ul><ul><li>HRM Department: Organisation & Role </li></ul><ul><li>HRM vs. HRD </li></ul><ul><li>Limitations of HRM </li></ul><ul><li>Challenges before HRM </li></ul>

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