2. MAIN POINTS OF CHAPTER 1
Definition and Concept of Human Resource
Management
History of Human Resource Management
Functions of Human Resource Management
Emerging role of Human Resource Management
Role of HR Executives
Challenges to HR Professionals
Strategic Human Resource Management
3. DEFINITION AND CONCEPT OF
HUMAN RESOURCE MANAGEMENT
“Personnel/Human resource management is
the function performed in organizations
that facilitates the most effective use of
people (employees) to achieve
organizational goals.”
Ivancevich and Glueck
4. FOUR FUNCTONS OF HRM
Acquiring
Developing
Motivating
Retaining human resources
5. HISTORY OF
HUMAN RESOURCE MANAGEMENT
Scientific Management Approach
Fredrick Taylor is considered to be the father
of scientific management
Focused on the study of motions
Study of motions replaced by “rule-of-the
thumb” method to accomplish a task
Economic man concept
6. Human Relations Approach
Employee productivity is affected not only by
job design and economic rewards
Reasons for failure in increasing productivity
and job satisfaction by the approach
It did not recognize individual differences
It did not recognize the need for job structure
It did not recognize the influence of
employee satisfaction and productivity on
work
10. EMERGING ROLE OF
HUMAN RESOURCE MANAGEMENT
Human resources-A competitive
advantage
According to Adi Godrej,”all corporate
strengths are dependent on people.”
Human resources accounting
According to Eric Flamholtz “accounting
people as organizational resources. Human
resources accounting is measurement of cost
and value of people for an organization.”
11. ROLE OF HR EXECUTIVES
Service provider
Executive
Facilitator
Consultant
Auditor
12. CHALLENGES TO
HR PROFESSIONALS
Worker Productivity
Quality Improvement
The Changing Attitudes of Workforce
The Impact of Government
Quality of Work Life
Technology and Training
13. STRATEGIC HUMAN RESOURCE
MANAGEMENT
Strategic Human Resource Management is the
optimum utilization of human resources
Strategic HR involves designing HR goals in
alignment with the goals of the organization
The Indian Scenario and HRM
14. FOCAL POINTS OF CHAPTER 1
Definition and Concept
History
Functions
Emerging role
Role of HR Executives
Challenges to HR Professionals
Strategic Human Resource Management