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Human Resource Management
Farhanullah khan
(0895)BSSE
What HRM is?
Definition of HRM
• Strategic and approach to the management
of an organization’s most valued assets – the
people working there who individually and
collectively contribute to the achievement of
its objectives.
Human resource system
1. HR philosophies (values and guiding principles
adopted in managing people)
2. HR strategies (defining the direction)
3. HR policies (how values, principles should be
applied)
4. HR processes ( formal procedures and methods
put HR plans into effect)
5. HR practices ( informal approaches used)
6. HR programmers (which enable strategies,
policies, practices to be implemented)
The HR cycle
Elements of human resource cycle
1.Selection: matching available human
resources to jobs
2.Appraisal: performance management
3.Rewards: focus on organizational
performance (most under-utilized and
mishandled tool)
– short-term and long-term
1.Development – developing high quality
employees
Characteristics of HRM in framework
• 1) line managers accept more responsibility
for ensuring the alignment of competitive
strategy and personnel policy
• 2) personnel has the mission of setting
policies that govern how personnel activities
are developed and implemented in ways that
make them more mutually reinforcing
Aims of HRM
1. Organizational effectiveness (HRM makes a significant impact
on firm performance)
2. Human capital management (HC is the prime asset – the aim is
to develop the inherent capacities of people)
3. Knowledge management (support the development of firm-
specific knowledge)
4. Reward management (enhance motivation, job engagement)
5. Employee relations (harmonious relationship between partners)
6. Meeting diverse needs (stakeholders, workforce)
7. Bridging the gap between rhetoric and reality (HRM is to bridge
the gap – and to ensure that aspirations are translated to
effective action
HRM concepts
People Management
The policies and practice which govern
how people are managed and
developed in organizations
Human Capital Management
An approach to obtaining, analyzing
and reporting on data which informs
the direction of value adding people
management strategic investment and
operational decisions at corporate
level and at the level of front line
management
Human Resources Management
The strategic and coherent approach
to the management the most of
organization’s most valued assets –
the people working there who
individually and collectively contribute
to the achievements of its objectives
Personnel Management
Personnel mmanagement is
concerned with obtaing, organizing
and motivating human resources
required by enterprise
HRM and Personnel Management
differences
HRM:
• places more emphasis on strategic fit and
integration,
• is based on a management and business oriented
philosophy,
• places more emphasis on mutuality,
• specialists are more like business partners than
administrators,
• treats people as assets and not only costs.
The link between HRM and firm performance
THANK YOU FOR YOUR ATTENTION

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Hrm

  • 3. Definition of HRM • Strategic and approach to the management of an organization’s most valued assets – the people working there who individually and collectively contribute to the achievement of its objectives.
  • 4. Human resource system 1. HR philosophies (values and guiding principles adopted in managing people) 2. HR strategies (defining the direction) 3. HR policies (how values, principles should be applied) 4. HR processes ( formal procedures and methods put HR plans into effect) 5. HR practices ( informal approaches used) 6. HR programmers (which enable strategies, policies, practices to be implemented)
  • 6. Elements of human resource cycle 1.Selection: matching available human resources to jobs 2.Appraisal: performance management 3.Rewards: focus on organizational performance (most under-utilized and mishandled tool) – short-term and long-term 1.Development – developing high quality employees
  • 7. Characteristics of HRM in framework • 1) line managers accept more responsibility for ensuring the alignment of competitive strategy and personnel policy • 2) personnel has the mission of setting policies that govern how personnel activities are developed and implemented in ways that make them more mutually reinforcing
  • 8. Aims of HRM 1. Organizational effectiveness (HRM makes a significant impact on firm performance) 2. Human capital management (HC is the prime asset – the aim is to develop the inherent capacities of people) 3. Knowledge management (support the development of firm- specific knowledge) 4. Reward management (enhance motivation, job engagement) 5. Employee relations (harmonious relationship between partners) 6. Meeting diverse needs (stakeholders, workforce) 7. Bridging the gap between rhetoric and reality (HRM is to bridge the gap – and to ensure that aspirations are translated to effective action
  • 9. HRM concepts People Management The policies and practice which govern how people are managed and developed in organizations Human Capital Management An approach to obtaining, analyzing and reporting on data which informs the direction of value adding people management strategic investment and operational decisions at corporate level and at the level of front line management Human Resources Management The strategic and coherent approach to the management the most of organization’s most valued assets – the people working there who individually and collectively contribute to the achievements of its objectives Personnel Management Personnel mmanagement is concerned with obtaing, organizing and motivating human resources required by enterprise
  • 10. HRM and Personnel Management differences HRM: • places more emphasis on strategic fit and integration, • is based on a management and business oriented philosophy, • places more emphasis on mutuality, • specialists are more like business partners than administrators, • treats people as assets and not only costs.
  • 11. The link between HRM and firm performance
  • 12. THANK YOU FOR YOUR ATTENTION