2. WHAT IS HUMAN RESOURCE
MANAGEMENT?
• HRM is the study of activities regarding people
working in an organization.
• It tries to match an organization’s needs to the
skills and abilities of its employees.
• Since mid 1980’s Human Resource Management
(HRM) has gained acceptance in both academic
and commercial circle
3. DEFINITION
Human Resource Management (HRM) can be defined
as the art of procuring, developing and maintaining
competent workforce to achieve the goals of an
organization in an effective and efficient manner.
4.
5. Differences between HRM and HRD
• The biggest distinction between HRM and HRD
is HRM only deals with people.
• Contrarily, HRD deals with developing and
enhancing the whole organization in almost all
aspects.
7. Key difference between HRD and
HRM
• One of the main differences between HRD and HRM is that the former
applies management principles on a routine basis for the proper
management of organizational employees. The latter refers to a continuous
development function that is performed continuously with the intent of
improving the performance of those working in an organization.
• HRM is a reactive management function, while HRD stands for proactive
tasks that are a subset of HRM. HRM aims to fulfill the various demands
that keep on arising in an organization, while HRD meets up with the ever-
changing needs of employees by anticipating them beforehand.
8. Key difference between HRD and
HRM
• Another way to differentiate between HRM and HRD is
that the objective of HRM lies in improving the
efficiency of all employees, while HRD deals with
increasing the knowledge, skills, and overall
competency of those working in the organization.
• HRM is an independent entity and function and has
different roles to play in comparison to HRD that is a
subsystem of HRM and a dependent task.