SlideShare a Scribd company logo
HUMAN
RESOURCE
MANAGEMENT
HUMAN RESOURCE
• HR may be defined as the total knowledge,
skills, creative abilities, talents and aptitudes
of an organization's workforce, as well as the
values, attitudes, approaches and beliefs of
the individuals involved in the affairs of the
organization.
• It is the sum total of inherent abilities,
acquired knowledge and skills represented by
the talents and aptitudes of the persons
employed in the organization.
HUMAN RESOURCE
• From the national point of view, human
resources may be defined as the
knowledge, skills, creative abilities,
talents and aptitudes obtained in the
population;
• From the organisational viewpoint, it
represents the total of the inherent
abilities, acquired knowledge and skills as
shown in the talents and aptitudes of its
employees
◉ HRM is that process of management which
develops and manages the human element of
an enterprise.
◉ It is not only the management of skills but
also the attitude and aspiration of people.
◉HRM may be defined as a set of
policies and practices and programmes
designed to maximise both personal
and organizational goals.
◉It is such a process by which the people
and organization are bound together in
such a way that both of them are able
to achieve their objective.
HRM Main Functions
• It tries to put people on assigned jobs in order
to produce good results.
• It helps an organization to meet its goals in
the future by providing for competent and
well-motivated employees.
• It tries to build and maintain cordial relations
among people working at various levels in the
organization.
• It is a multidisciplinary activity, utilizing
knowledge and inputs drawn from psychology,
economics, etc.
HRM: Scope
1. Personnel aspect-This is concerned with
manpower planning, recruitment, selection,
placement, transfer, promotion, training and
development, layoff and retrenchment,
remuneration, incentives, productivity etc.
2. Welfare aspect-It deals with working conditions and
amenities such as canteens, crèches, rest rooms and
lunchrooms, housing, transport, medical assistance,
education, health and safety, recreation facilities, etc.
3. Industrial relations aspect-This covers union-
management relations, joint consultation, collective
bargaining, grievance and disciplinary procedures,
settlement of disputes, etc.
HRM Main Objectives
1. Goal attainment
2. Enhancing skills and knowledge
3. Optimum utilization of employee’s skills
4. Ensuring cordial human relations
5. Increasing potential of employees
6. Increasing job satisfaction
7. Communicating HR policies
8. To hire, develop and utilize best brains in market
9. Ensuring ethical and social responsibility
⦿ Werther and Davis has classified the objectives of HRM into
four categories.
fu
Functional objectives
Organisational objectives
Societal objectives
Personnel
objectives
◉Societal objectives: the basic
objective of HRM is towards the society
⦿ should be to ensure that their
organization manages human resource
in an ethical and socially responsible
manner through ensuring compliance
with legal and ethical standards.
◉Thus, this objective includes:
◉To manage human resources in an
ethical and socially responsible
manner.
◉To ensure compliance with legal and
ethical standards.
◉To minimize the negative impact of
s o c i e t a l d e m a n d s u p o n t h e
organization.
◉ Organizational objectives:-
◉ H R d e p a r t m e n t , l i k e a n y o t her
department in an organization, should
focus on achieving the goals of the
organization first.
⦿ If it does not meet this purpose, the HR
department cannot exist in the long run.
◉ HR department should recognise its role
in bringing about organizational
effectiveness.
◉HRM is not an end in itself. It is only a
means to assist the organization with
its primary objectives.
◉In simple words, the HR department
should aim at serving the rest of the
organization
◉Functional objectives:-
◉To maintain the HRM department’s
contribution at a level appropriate to
the organizational needs
◉Resources are wasted when HRM is
either more or less sophisticated to suit
the organizational demands.
◉The department’s levels of service must
be tailored to fit the organization it
serves.
◉HRM should employ the skills and
abilities of the workforce efficiently.
◉It should aim at making the people’s
strength productive and to benefit the
organization.
◉HRM should aim at providing the
organization with well trained and well
motivated employees.
◉ Personnel objectives:-
◉ Personnel objectives of the employees
must be met if employees are to be
maintained,
◉ Retained and motivated otherwise
employee performance and satisfaction
may decline and they may leave the
organization.
◉The objective of HRM in this context are-
HRM should increase to the fullest extent
the employee job satisfaction.
◉HRM should also meet the
actualization of the employee.
self
◉HRM should assist the employees in
achieving their personal goals.
◉HRM should develop and maintain QWL.
◉HRM should also communicate HR
policies to all employees
• HRM is a process of bringing people and
organizations together so that the goals of each
are met. The various features of HRM include:
• It is pervasive in nature as it is present in all
enterprises.
• Result Oriented-Its focus is on results rather than on
rules.
• Employment Development Oriented-It tries to help
employees develop their potential fully.
• Motivational-It encourages employees to give their
best to the organization.
• It is all about people at work, both as individuals and
groups.
HRM Nature
1. Concerned with human element- best from employee
2. Pervasive – at all level of mgmt
3. Action oriented- rather than record keeping
4. Individual potential oriented-encourage to develop
5. People oriented – rewards & motivates people
6. Future oriented – future goals
7. Development oriented- training to develop skills
8. Continuous function- constant
9. Performance oriented- increase performance
10. Auxiliary service – assist and advice line managers
11. Inter-disciplinary (multidimensional)
12. Welfare oriented
Here is my Resume, or, as I like to call it,
‘a series of unfortunate events’.
Evolution
• The early
for improved efficiency through careful
part of the century saw a concern
design
of work.
• During the middle part of the century emphasis
shifted to the employee's productivity.
• Recent decades have focused on increased concern
for the quality of working life, TQM and worker's
participation in management.
• These three phases may be termed as welfare,
development and empowerment.
Efficiency
Productivity
TQM
Quality of work life
Worker’s participation
Welfare, Development and Empowerment
Definition of HRM
HRM is an activity which:-
• molds human resources into
organisation,
an effective
• provides opportunity for maximum individual
contributions under healthy working conditions,
• promotes individual development,
• encourages
understanding
mutual confidence and
between the employees and
employer and between the employees
themselves
• HRM aims to maintain good human
relations in the organisation.
• It contributes to improve quality and
capability of employees in org.
HRM often called by some other names e. g.
Manpower management, labour
management, labour relations, industrial
relations
1. HR or manpower planning.
2. Recruitment, selection and placement
of personnel.
3. Training and development of employees.
4. Appraisal of performance of employees.
5. Taking corrective steps such as transfer from
one job to another.
6. Remuneration of employees.
7. Social security and welfare of employees.
8. Setting general and specific management
policy for organizational relationship.
• POSDC - Planning, Organising, Staffing,
Directing and Controlling
• POCCC - Planning, Organising, Commanding,
Co-coordinating and Controlling function.
• POSDCORB - Planning, Organising, Staffing,
Directing, Co-Ordinating, Reporting and
Budgeting
9. Collective bargaining, negotiation and grievance
handling.
10. Staffing the organization.
11. Helping in the self-development of employees at all
levels.
12. Developing and maintaining motivation by providing
incentives.
13. Reviewing and auditing manpower management in
the organization
14. Potential Appraisal, Feedback, Counseling.
15. Role Analysis
16. Job Rotation.
17. Organization development and Quality of Working
Life.
Managerial functions Operative Functions
Planning
Organizing
compensation
Job Evaluation
Procurement Development
Job analysis Performance
Human resource Appraisal
Integration maintenance
Motivation Health
Job Satisfaction Safety
Planning
Wage & Salary
Administration Grievance Social
Directing Bonus & Incentives Redressal Security
Payroll Welfare
Schemes
Training
Executive
Development
Career planning
& Development Personnel
Records
Recruitment
Selection
Placement
Induction
Transfer
Promotion
separation
Personnel
Audit
Collective
Bargaining
Conflict
Management
Participation of
Employee
Discipline
Controlling
HRM Functions
Managerial Functions:
1. Planning- Personnel Policy & Program
2. Organizing- task allocation, identifying
relationship, integrating activities
3. Directing - by leadership, motivation &
communication
4. Commanding- by leadership & communication
5. Coordinating- persons and groups
6. Controlling – removing deviation by
supervision and feedback
Operative Functions:
1. Employment- Job analysis, HR Planning,
recruitment, selection, placement and mobility
2. T&D- to change attitudes, for individual and
organisational growth
3. Compensation- for workers involvement
4. Human relations- productivity, economic &
social satisfaction through integration and
cooperation
5. Effectiveness of HRM- through feedback
mechanism
HRM Process{1}
4 steps to realize HRM process
1. Individual- capability along with values
2. Team or group- developing employee morale
3. Adaptation with the organisation- linkage
between self, group and the organisation
4. Adaptation with the environment-
enabling people to work together as a system
Process of HRM
Individual
Team/group
Adaptation with the organisation
Adaptation with the environment
Process of HRM{2}
• Setting Objectives- purpose of org. is identified
• Division of responsibilities- to increase efficiency
& specialization
• Proper placement of individuals- suitable &
qualified person
• Defining and developing relationship- clear
hierarchy, authority and responsibility
• Coordination- to avoid duplication, repetition
& overlapping
• Supervision, direction and control
• Outcomes & Feedback
Process of HRM
Setting Objectives
Division of responsibilities
Proper placement of individuals
Defining & developing relationship
Coordination
Supervision, direction & control
Outcome
F
e
e
d
b
a
c
k
HRM Significance
• Organisational- attracting and retaining best
people, securing cooperation, utilizing skills,
imparting training
• Professional- work allocation, increasing
professionalism, providing opportunities, train
people
• Social- pay, equal opportunity, employment
• National- team spirit, speed up economic
activities, improving living standards
PM Vs HRM
Personnel Management
1. Employees are made for rules & regulations
2. Limited recruitment and training
3. Communication is slow and downward
4. Slow decision making
5. Work oriented approach
6. Focus on division of labour
7. Level of trust is low
8. Labour management relations
PM Vs HRM
9. Job based salary
10. Interest of org. is uppermost
11. Preceded by HRM
12. Centralized
13. Mechanistic
14.Labour is treated as a tool which is
replaceable
15. management’s role is transactional
PM Vs HRM
HRM
1. Rules and regulations are made for employees
2. Fast communication- downward and upward
3. People oriented approach
4. Team work
5. High level of trust
6. Customer-management relations
7. Performance based salary
8. Mutual interest(individual & organizational)
PM Vs HRM
HRM
9. Latest evolution of subject
10. Decentralized
11. Organic or social or humanistic
12.People are treated as assets for the
organization
13. management’s role is transformational
Role of HR Manager
•
•
•
•
•
•
Advisory role- to line managers
Counselor’s role- for conflict, career, health, family, etc.
Mediator’s role- whenever problem arises
Welfare role- for job satisfaction(canteens, medical, etc.)
Representative role- before other organizations
Conscience(Ethical) role- informing management about
moral and ethical obligations
Record keeping role- to maintain calculations of wages,
salary, allowances, incentives, fringe benefits, etc.
Problem solver - all the problems related to employees
•
•
HRD Definition
• HRD is the framework for helping employees
i n d e v e l o p i n g t h e i r p e r s o n a l a n
d organizational skills, knowledge, and
abilities.
• HRD includes employee training, employee
ca r e e r d e v el o pm ent, per form a n ce
management and development, coaching,
mentoring, succession planning, key employee
identification, tuition assistance, and
organization development.
HRD Definition
• HRD is a function of more concern with
training and development, career planning
and development and organizational
development. HRD is a part of HRM.
• Myres defined HRD as a process of
increasing the knowledge, skills and
capacities of all the people in a country. It is
a continuous and planned process.
Why HRD is required?
• To sharpen capabilities required to perform various
functions associated with their present or expected
future roles.
• To help individuals to discover their own inner
potential for OD.
• To develop an organizational culture- relationship,
team work, collaboration and integration.
• To fill the gap between actual and expected
performance.
• To bring all round development of people so that they
can contribute to organization, society & nation.
HRD Concept
• Recent origin of HRM used at Micro and Macro
level.
• Micro level- towards improvement of quality and
higher level of productivity of Organization.
• Macro Level- towards improvement of quality of
life of nation.
• It is based on system approach includes
subsystems(training, performance appraisal, role
analyses, communication, etc.)
• It is built around behavioral science.
Nature of HRD
• Planned system of developing people.
• Competency development oriented.
• Career development oriented.
• Continuous process.
• Open system approach.
• Protecting organization against disaster.
• Facilitating values and cooperation.
• Developing organizational and national interest.
HRM Vs HRD
HRM
• Rules are made for employees
• Fast communication downward and
upward
• Fast decision making process
• People oriented approach
• Level of trust is high
HRM Vs HRD
HRD
• Development oriented
• Focus on interdependent parts of org.
• Proactive approach
• Growth is the responsibility of all managers
• Emphasis on high order needs for motivation
like challenges, creativity, respect, etc.
• Focus is on improving satisfaction and morale
• It is all about the learning process of people
Nature of HRD
Nature of
HRD
Planned
system
Competenc
y building
Adaptation of
new techniques
Value
development
oriented
Growth
oriented
Continuous
process
Career
development
oriented
Developing
national
interest
Process of HRD
Performance Appraisal
Training(Job rotation/Job Enrichment)
Organizational Development
Career Development
Feedback and Counseling
Rewards
Objectives of HRD
•
•
•
To develop mental and physical ability.
To make employees capable for present and future role.
To make employees abreast with the latest changing
technology, knowledge and skills.
To ensure effective utilization of HR through training and
development.
To prevent overstaffing and wastage of HR.
To make employees committed and interested in the work
for their career advancement.
To increase the motivation level of employees.
To develop innovative strategies for effective productivity.
To create healthy environment.
•
•
•
•
•
•
Mechanism of HRD System
Actions Focus Objectives
Training
Education
Develop
ment
Learning of
Present and
Related Jobs
Preparing
for job
General
growth of
employee
Improved
performa
nce
Developing Competency at 4 Levels
• Individual
•Interpersonal
•Group
•Organizational
•Requirements
• Development
• Competency
•Knowledge
•Skill
•Ability
Developing Competency at 4 Levels
Structure of HRD
Simple Chart of HRD Organisation
Role of HRD Manager
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Manpower Planning
Role analyses
Training, Education & Development
Compensation and Reward
OD Techniques
Role Development
Participative Devices
Industrial Relations
Performance Appraisal & Potential Appraisal
Feedback
Career planning & Career Development
Quality of Work life
Employee Welfare
Data storage and Research
HRM(Def.)
• Human Resource Management (HRM) is
the function within an organization that
f o c u s e s o n r e c r u i t m e n t a n d
management of human resource, and
providing direction for the people who
work in the organization. Human
Resource Management can also be
performed by line managers.
HRM(Def.)
• Human Resource Management is the
organizational function that deals with
issues related to people such as
compensation, hiring, performance
management, organization development,
safety, wellness, benefits, employee
m o t i v a t i o n , c o m m u n i c a t i o n ,
administration and training.
HRM: Major Influencing Factors
In the 21st century HRM will be influenced by
following factors:-
• Size of the workforce.
• Rising employees' expectations.
• Drastic changes in the technology as well as
Life-style changes.
• Composition of workforce.
• New skills required.
HRM: Major Influencing Factors
• Environmental challenges.
• Lean and mean organizations.
• Impact of new economic policy.
• Political ideology of the Government.
• Downsizing and rightsizing of the
organizations.
• Culture existing in the organization etc.
HRM: Beliefs
The HRM philosophy is based on the following
beliefs:
• Human resource is the most important asset in the
organization and can be developed and increased to
an unlimited extent.
• A healthy climate with values of openness,
enthusiasm, trust, mutuality and collaboration is
essential for developing human resource.
• HRM can be planned and monitored in ways that
are beneficial both to the individuals and the
organization.
HRM: Beliefs
• Employees feel committed to their work and the
organization, if the organization enables a feeling of
belongingness.
• Employees feel highly motivated if the organization
provides satisfaction of their basic and higher level
needs.
• Employee commitment is increased with the
opportunity to discover and use one‘s capabilities
and potential in one's work.
• It is every manager's responsibility to ensure the
development and utilization of the capabilities of
subordinates.
HRM: Futuristic Vision
1. There should be a properly defined recruitment policy
in the organization that should give its focus on
professional aspect and merit based selection.
2. In every decision-making process there should be given
proper importance to the aspect that employees are
involved wherever possible. It will ultimately lead to
sense of team spirit, team-work and inter-team
collaboration.
3. Opportunity and comprehensive frame works should be
provided for full expression of employees‘ talents and
potentialities.
HRM: Futuristic Vision
4. Networking skills of the organizations should be
developed internally and externally as well as
horizontally and vertically.
5. For performance appraisal of the employee’s emphasis
should be given to 360 degree feedback which is based
on the review by superiors, peers ,subordinates as well
as self-review.
6. 360 degree feedback will further lead to increased
focus on customer services, creating of highly involved
workforce, decreased hierarchies, avoiding
discrimination and biases and identifying performance
entry.
HRM: Futuristic Vision
7. More emphasis should be given to Total Quality
Management. TQM will cover all employees at all
levels; it will conform to customer's needs and
expectations; it will ensure effective utilization
of resources and will lead towards continuous
improvement in all spheres and activities of the
organization.
8. There should be focus on job rotation so that
broadened as well as potentialities of
vision and knowledge of the employees are
the
employees are increased for future job prospects.
HRM: Futuristic Vision
9. For proper utilization of manpower in the
organization. The concept of six sigma of
improving productivity should be intermingled in
the HRM strategy.
10.The capacities of the employees should be
assessed through potential appraisal for
performing new roles and responsibilities. It
should not be confined to organizational aspects
only but the environmental changes of political,
economic and social considerations should also be
taken into account.
HRM: Futuristic Vision
11. The career of the employees should be
planned in such a way that individualizing
process and socializing process come together
for fusion process and career planning should
constitute the part of human resource
planning.
CONCLUSION
• To conclude HRM should be linked with
strategic goals and objectives in order to
improve business performance and develop
organizational cultures that foster innovation
and flexibility. All the above futuristic visions
coupled with strategic goals and objectives
should be based on 3 H's of Heart, Head and
Hand i.e., we should feel by Heart, think by
Head and implement by Hand.
StrategicHRM
• Strategic HRM is the practice of aligning
business strategy with the HR practices to
achieve the strategic goals of the
organization.
• The idea behind SHRM is that companies
must ‘fit´ their HR strategy with in the
framework of overall Business objectives
and hence ensure that there is alignment
between the HR practices and the strategic
objectives of the organization.

More Related Content

Similar to HRM - Unit 1.pptx

Human Resource Management
Human Resource ManagementHuman Resource Management
Human Resource ManagementPrince Verma
 
Introduction to human resource management
Introduction to human resource managementIntroduction to human resource management
Introduction to human resource management
Shilpa Rajak
 
Introduction to hrd
Introduction to hrdIntroduction to hrd
Introduction to hrdKosha Nair
 
Introduction to hrd
Introduction to hrdIntroduction to hrd
Introduction to hrdKosha Nair
 
Introduction to hrd
Introduction to hrdIntroduction to hrd
Introduction to hrdKosha Nair
 
Fundamentals of Human Resource Management
Fundamentals of Human Resource ManagementFundamentals of Human Resource Management
Fundamentals of Human Resource Management
Amare_Abebe
 
Human Resource Management and Its Importance
Human Resource Management and Its ImportanceHuman Resource Management and Its Importance
Human Resource Management and Its Importance
prachimba
 
1Part One - Human Resource Management.ppt
1Part One - Human Resource Management.ppt1Part One - Human Resource Management.ppt
1Part One - Human Resource Management.ppt
TaddeseGashaw
 
UNIT 1 HRM.pptx
UNIT 1 HRM.pptxUNIT 1 HRM.pptx
UNIT 1 HRM.pptx
PoojaPatidar51
 
human resource development
human resource developmenthuman resource development
human resource development
Karpagam Alagappan
 
H.R. - HUMAN RESOURCE MANAGEMENT
H.R. - HUMAN RESOURCE MANAGEMENTH.R. - HUMAN RESOURCE MANAGEMENT
H.R. - HUMAN RESOURCE MANAGEMENT
Learn with Tibetan Norser
 
Human Resources Management Part 01 . pdf
Human Resources Management Part 01 . pdfHuman Resources Management Part 01 . pdf
Human Resources Management Part 01 . pdf
jazarenojorgeallyson
 
Chapter One.pptx
Chapter One.pptxChapter One.pptx
Chapter One.pptx
abdulfetah2
 
HUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTX
HUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTXHUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTX
HUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTX
saikoundinya987
 
HRM NOTES.docx
HRM NOTES.docxHRM NOTES.docx
HRM NOTES.docx
KetanSehdev4
 
Human Resource Management
Human Resource ManagementHuman Resource Management
Human Resource Management
Ariful Saimon
 
Training And Development Of Empolyees
Training And Development Of EmpolyeesTraining And Development Of Empolyees
Training And Development Of Empolyees
Tecnovaters Software Solutions Pvt Ltd
 
hrm class notes and important topic from india
hrm class notes and important topic from indiahrm class notes and important topic from india
hrm class notes and important topic from india
MehediHasanAlif1
 
Introduction to Human Resource Management
Introduction to Human Resource ManagementIntroduction to Human Resource Management
Introduction to Human Resource Management
Manpreet Singh
 

Similar to HRM - Unit 1.pptx (20)

Human Resource Management
Human Resource ManagementHuman Resource Management
Human Resource Management
 
Introduction to human resource management
Introduction to human resource managementIntroduction to human resource management
Introduction to human resource management
 
Introduction to hrd
Introduction to hrdIntroduction to hrd
Introduction to hrd
 
Introduction to hrd
Introduction to hrdIntroduction to hrd
Introduction to hrd
 
Introduction to hrd
Introduction to hrdIntroduction to hrd
Introduction to hrd
 
Fundamentals of Human Resource Management
Fundamentals of Human Resource ManagementFundamentals of Human Resource Management
Fundamentals of Human Resource Management
 
Human Resource Management and Its Importance
Human Resource Management and Its ImportanceHuman Resource Management and Its Importance
Human Resource Management and Its Importance
 
1Part One - Human Resource Management.ppt
1Part One - Human Resource Management.ppt1Part One - Human Resource Management.ppt
1Part One - Human Resource Management.ppt
 
UNIT 1 HRM.pptx
UNIT 1 HRM.pptxUNIT 1 HRM.pptx
UNIT 1 HRM.pptx
 
human resource development
human resource developmenthuman resource development
human resource development
 
Functions of hrm
Functions of hrmFunctions of hrm
Functions of hrm
 
H.R. - HUMAN RESOURCE MANAGEMENT
H.R. - HUMAN RESOURCE MANAGEMENTH.R. - HUMAN RESOURCE MANAGEMENT
H.R. - HUMAN RESOURCE MANAGEMENT
 
Human Resources Management Part 01 . pdf
Human Resources Management Part 01 . pdfHuman Resources Management Part 01 . pdf
Human Resources Management Part 01 . pdf
 
Chapter One.pptx
Chapter One.pptxChapter One.pptx
Chapter One.pptx
 
HUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTX
HUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTXHUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTX
HUMAN RESOURCES DEVELOPMENT UNIT 1 BY SAI PPT.PPTX
 
HRM NOTES.docx
HRM NOTES.docxHRM NOTES.docx
HRM NOTES.docx
 
Human Resource Management
Human Resource ManagementHuman Resource Management
Human Resource Management
 
Training And Development Of Empolyees
Training And Development Of EmpolyeesTraining And Development Of Empolyees
Training And Development Of Empolyees
 
hrm class notes and important topic from india
hrm class notes and important topic from indiahrm class notes and important topic from india
hrm class notes and important topic from india
 
Introduction to Human Resource Management
Introduction to Human Resource ManagementIntroduction to Human Resource Management
Introduction to Human Resource Management
 

Recently uploaded

Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
Wasim Ak
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
kimdan468
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
DhatriParmar
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
deeptiverma2406
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
Jisc
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
Mohammed Sikander
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 

Recently uploaded (20)

Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 

HRM - Unit 1.pptx

  • 2. HUMAN RESOURCE • HR may be defined as the total knowledge, skills, creative abilities, talents and aptitudes of an organization's workforce, as well as the values, attitudes, approaches and beliefs of the individuals involved in the affairs of the organization. • It is the sum total of inherent abilities, acquired knowledge and skills represented by the talents and aptitudes of the persons employed in the organization.
  • 3. HUMAN RESOURCE • From the national point of view, human resources may be defined as the knowledge, skills, creative abilities, talents and aptitudes obtained in the population; • From the organisational viewpoint, it represents the total of the inherent abilities, acquired knowledge and skills as shown in the talents and aptitudes of its employees
  • 4. ◉ HRM is that process of management which develops and manages the human element of an enterprise. ◉ It is not only the management of skills but also the attitude and aspiration of people.
  • 5. ◉HRM may be defined as a set of policies and practices and programmes designed to maximise both personal and organizational goals. ◉It is such a process by which the people and organization are bound together in such a way that both of them are able to achieve their objective.
  • 6. HRM Main Functions • It tries to put people on assigned jobs in order to produce good results. • It helps an organization to meet its goals in the future by providing for competent and well-motivated employees. • It tries to build and maintain cordial relations among people working at various levels in the organization. • It is a multidisciplinary activity, utilizing knowledge and inputs drawn from psychology, economics, etc.
  • 7.
  • 8. HRM: Scope 1. Personnel aspect-This is concerned with manpower planning, recruitment, selection, placement, transfer, promotion, training and development, layoff and retrenchment, remuneration, incentives, productivity etc. 2. Welfare aspect-It deals with working conditions and amenities such as canteens, crèches, rest rooms and lunchrooms, housing, transport, medical assistance, education, health and safety, recreation facilities, etc. 3. Industrial relations aspect-This covers union- management relations, joint consultation, collective bargaining, grievance and disciplinary procedures, settlement of disputes, etc.
  • 9.
  • 10. HRM Main Objectives 1. Goal attainment 2. Enhancing skills and knowledge 3. Optimum utilization of employee’s skills 4. Ensuring cordial human relations 5. Increasing potential of employees 6. Increasing job satisfaction 7. Communicating HR policies 8. To hire, develop and utilize best brains in market 9. Ensuring ethical and social responsibility
  • 11. ⦿ Werther and Davis has classified the objectives of HRM into four categories. fu Functional objectives Organisational objectives Societal objectives Personnel objectives
  • 12. ◉Societal objectives: the basic objective of HRM is towards the society ⦿ should be to ensure that their organization manages human resource in an ethical and socially responsible manner through ensuring compliance with legal and ethical standards.
  • 13. ◉Thus, this objective includes: ◉To manage human resources in an ethical and socially responsible manner. ◉To ensure compliance with legal and ethical standards. ◉To minimize the negative impact of s o c i e t a l d e m a n d s u p o n t h e organization.
  • 14. ◉ Organizational objectives:- ◉ H R d e p a r t m e n t , l i k e a n y o t her department in an organization, should focus on achieving the goals of the organization first. ⦿ If it does not meet this purpose, the HR department cannot exist in the long run. ◉ HR department should recognise its role in bringing about organizational effectiveness.
  • 15. ◉HRM is not an end in itself. It is only a means to assist the organization with its primary objectives. ◉In simple words, the HR department should aim at serving the rest of the organization
  • 16. ◉Functional objectives:- ◉To maintain the HRM department’s contribution at a level appropriate to the organizational needs ◉Resources are wasted when HRM is either more or less sophisticated to suit the organizational demands. ◉The department’s levels of service must be tailored to fit the organization it serves.
  • 17. ◉HRM should employ the skills and abilities of the workforce efficiently. ◉It should aim at making the people’s strength productive and to benefit the organization. ◉HRM should aim at providing the organization with well trained and well motivated employees.
  • 18. ◉ Personnel objectives:- ◉ Personnel objectives of the employees must be met if employees are to be maintained, ◉ Retained and motivated otherwise employee performance and satisfaction may decline and they may leave the organization. ◉The objective of HRM in this context are- HRM should increase to the fullest extent the employee job satisfaction.
  • 19. ◉HRM should also meet the actualization of the employee. self ◉HRM should assist the employees in achieving their personal goals. ◉HRM should develop and maintain QWL. ◉HRM should also communicate HR policies to all employees
  • 20. • HRM is a process of bringing people and organizations together so that the goals of each are met. The various features of HRM include: • It is pervasive in nature as it is present in all enterprises. • Result Oriented-Its focus is on results rather than on rules. • Employment Development Oriented-It tries to help employees develop their potential fully. • Motivational-It encourages employees to give their best to the organization. • It is all about people at work, both as individuals and groups.
  • 21. HRM Nature 1. Concerned with human element- best from employee 2. Pervasive – at all level of mgmt 3. Action oriented- rather than record keeping 4. Individual potential oriented-encourage to develop 5. People oriented – rewards & motivates people 6. Future oriented – future goals 7. Development oriented- training to develop skills 8. Continuous function- constant 9. Performance oriented- increase performance 10. Auxiliary service – assist and advice line managers 11. Inter-disciplinary (multidimensional) 12. Welfare oriented
  • 22. Here is my Resume, or, as I like to call it, ‘a series of unfortunate events’.
  • 23. Evolution • The early for improved efficiency through careful part of the century saw a concern design of work. • During the middle part of the century emphasis shifted to the employee's productivity. • Recent decades have focused on increased concern for the quality of working life, TQM and worker's participation in management. • These three phases may be termed as welfare, development and empowerment.
  • 24. Efficiency Productivity TQM Quality of work life Worker’s participation Welfare, Development and Empowerment
  • 25. Definition of HRM HRM is an activity which:- • molds human resources into organisation, an effective • provides opportunity for maximum individual contributions under healthy working conditions, • promotes individual development, • encourages understanding mutual confidence and between the employees and employer and between the employees themselves
  • 26. • HRM aims to maintain good human relations in the organisation. • It contributes to improve quality and capability of employees in org. HRM often called by some other names e. g. Manpower management, labour management, labour relations, industrial relations
  • 27. 1. HR or manpower planning. 2. Recruitment, selection and placement of personnel. 3. Training and development of employees. 4. Appraisal of performance of employees. 5. Taking corrective steps such as transfer from one job to another. 6. Remuneration of employees. 7. Social security and welfare of employees. 8. Setting general and specific management policy for organizational relationship.
  • 28. • POSDC - Planning, Organising, Staffing, Directing and Controlling • POCCC - Planning, Organising, Commanding, Co-coordinating and Controlling function. • POSDCORB - Planning, Organising, Staffing, Directing, Co-Ordinating, Reporting and Budgeting
  • 29. 9. Collective bargaining, negotiation and grievance handling. 10. Staffing the organization. 11. Helping in the self-development of employees at all levels. 12. Developing and maintaining motivation by providing incentives. 13. Reviewing and auditing manpower management in the organization 14. Potential Appraisal, Feedback, Counseling. 15. Role Analysis 16. Job Rotation. 17. Organization development and Quality of Working Life.
  • 30. Managerial functions Operative Functions Planning Organizing compensation Job Evaluation Procurement Development Job analysis Performance Human resource Appraisal Integration maintenance Motivation Health Job Satisfaction Safety Planning Wage & Salary Administration Grievance Social Directing Bonus & Incentives Redressal Security Payroll Welfare Schemes Training Executive Development Career planning & Development Personnel Records Recruitment Selection Placement Induction Transfer Promotion separation Personnel Audit Collective Bargaining Conflict Management Participation of Employee Discipline Controlling
  • 31. HRM Functions Managerial Functions: 1. Planning- Personnel Policy & Program 2. Organizing- task allocation, identifying relationship, integrating activities 3. Directing - by leadership, motivation & communication 4. Commanding- by leadership & communication 5. Coordinating- persons and groups 6. Controlling – removing deviation by supervision and feedback
  • 32. Operative Functions: 1. Employment- Job analysis, HR Planning, recruitment, selection, placement and mobility 2. T&D- to change attitudes, for individual and organisational growth 3. Compensation- for workers involvement 4. Human relations- productivity, economic & social satisfaction through integration and cooperation 5. Effectiveness of HRM- through feedback mechanism
  • 33. HRM Process{1} 4 steps to realize HRM process 1. Individual- capability along with values 2. Team or group- developing employee morale 3. Adaptation with the organisation- linkage between self, group and the organisation 4. Adaptation with the environment- enabling people to work together as a system
  • 34. Process of HRM Individual Team/group Adaptation with the organisation Adaptation with the environment
  • 35. Process of HRM{2} • Setting Objectives- purpose of org. is identified • Division of responsibilities- to increase efficiency & specialization • Proper placement of individuals- suitable & qualified person • Defining and developing relationship- clear hierarchy, authority and responsibility • Coordination- to avoid duplication, repetition & overlapping • Supervision, direction and control • Outcomes & Feedback
  • 36. Process of HRM Setting Objectives Division of responsibilities Proper placement of individuals Defining & developing relationship Coordination Supervision, direction & control Outcome F e e d b a c k
  • 37. HRM Significance • Organisational- attracting and retaining best people, securing cooperation, utilizing skills, imparting training • Professional- work allocation, increasing professionalism, providing opportunities, train people • Social- pay, equal opportunity, employment • National- team spirit, speed up economic activities, improving living standards
  • 38. PM Vs HRM Personnel Management 1. Employees are made for rules & regulations 2. Limited recruitment and training 3. Communication is slow and downward 4. Slow decision making 5. Work oriented approach 6. Focus on division of labour 7. Level of trust is low 8. Labour management relations
  • 39. PM Vs HRM 9. Job based salary 10. Interest of org. is uppermost 11. Preceded by HRM 12. Centralized 13. Mechanistic 14.Labour is treated as a tool which is replaceable 15. management’s role is transactional
  • 40. PM Vs HRM HRM 1. Rules and regulations are made for employees 2. Fast communication- downward and upward 3. People oriented approach 4. Team work 5. High level of trust 6. Customer-management relations 7. Performance based salary 8. Mutual interest(individual & organizational)
  • 41. PM Vs HRM HRM 9. Latest evolution of subject 10. Decentralized 11. Organic or social or humanistic 12.People are treated as assets for the organization 13. management’s role is transformational
  • 42. Role of HR Manager • • • • • • Advisory role- to line managers Counselor’s role- for conflict, career, health, family, etc. Mediator’s role- whenever problem arises Welfare role- for job satisfaction(canteens, medical, etc.) Representative role- before other organizations Conscience(Ethical) role- informing management about moral and ethical obligations Record keeping role- to maintain calculations of wages, salary, allowances, incentives, fringe benefits, etc. Problem solver - all the problems related to employees • •
  • 43. HRD Definition • HRD is the framework for helping employees i n d e v e l o p i n g t h e i r p e r s o n a l a n d organizational skills, knowledge, and abilities. • HRD includes employee training, employee ca r e e r d e v el o pm ent, per form a n ce management and development, coaching, mentoring, succession planning, key employee identification, tuition assistance, and organization development.
  • 44. HRD Definition • HRD is a function of more concern with training and development, career planning and development and organizational development. HRD is a part of HRM. • Myres defined HRD as a process of increasing the knowledge, skills and capacities of all the people in a country. It is a continuous and planned process.
  • 45. Why HRD is required? • To sharpen capabilities required to perform various functions associated with their present or expected future roles. • To help individuals to discover their own inner potential for OD. • To develop an organizational culture- relationship, team work, collaboration and integration. • To fill the gap between actual and expected performance. • To bring all round development of people so that they can contribute to organization, society & nation.
  • 46. HRD Concept • Recent origin of HRM used at Micro and Macro level. • Micro level- towards improvement of quality and higher level of productivity of Organization. • Macro Level- towards improvement of quality of life of nation. • It is based on system approach includes subsystems(training, performance appraisal, role analyses, communication, etc.) • It is built around behavioral science.
  • 47. Nature of HRD • Planned system of developing people. • Competency development oriented. • Career development oriented. • Continuous process. • Open system approach. • Protecting organization against disaster. • Facilitating values and cooperation. • Developing organizational and national interest.
  • 48. HRM Vs HRD HRM • Rules are made for employees • Fast communication downward and upward • Fast decision making process • People oriented approach • Level of trust is high
  • 49. HRM Vs HRD HRD • Development oriented • Focus on interdependent parts of org. • Proactive approach • Growth is the responsibility of all managers • Emphasis on high order needs for motivation like challenges, creativity, respect, etc. • Focus is on improving satisfaction and morale • It is all about the learning process of people
  • 50. Nature of HRD Nature of HRD Planned system Competenc y building Adaptation of new techniques Value development oriented Growth oriented Continuous process Career development oriented Developing national interest
  • 51. Process of HRD Performance Appraisal Training(Job rotation/Job Enrichment) Organizational Development Career Development Feedback and Counseling Rewards
  • 52. Objectives of HRD • • • To develop mental and physical ability. To make employees capable for present and future role. To make employees abreast with the latest changing technology, knowledge and skills. To ensure effective utilization of HR through training and development. To prevent overstaffing and wastage of HR. To make employees committed and interested in the work for their career advancement. To increase the motivation level of employees. To develop innovative strategies for effective productivity. To create healthy environment. • • • • • •
  • 53. Mechanism of HRD System Actions Focus Objectives Training Education Develop ment Learning of Present and Related Jobs Preparing for job General growth of employee Improved performa nce
  • 54. Developing Competency at 4 Levels • Individual •Interpersonal •Group •Organizational •Requirements • Development • Competency •Knowledge •Skill •Ability Developing Competency at 4 Levels
  • 55. Structure of HRD Simple Chart of HRD Organisation
  • 56.
  • 57.
  • 58. Role of HRD Manager • • • • • • • • • • • • • • Manpower Planning Role analyses Training, Education & Development Compensation and Reward OD Techniques Role Development Participative Devices Industrial Relations Performance Appraisal & Potential Appraisal Feedback Career planning & Career Development Quality of Work life Employee Welfare Data storage and Research
  • 59. HRM(Def.) • Human Resource Management (HRM) is the function within an organization that f o c u s e s o n r e c r u i t m e n t a n d management of human resource, and providing direction for the people who work in the organization. Human Resource Management can also be performed by line managers.
  • 60. HRM(Def.) • Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee m o t i v a t i o n , c o m m u n i c a t i o n , administration and training.
  • 61. HRM: Major Influencing Factors In the 21st century HRM will be influenced by following factors:- • Size of the workforce. • Rising employees' expectations. • Drastic changes in the technology as well as Life-style changes. • Composition of workforce. • New skills required.
  • 62. HRM: Major Influencing Factors • Environmental challenges. • Lean and mean organizations. • Impact of new economic policy. • Political ideology of the Government. • Downsizing and rightsizing of the organizations. • Culture existing in the organization etc.
  • 63. HRM: Beliefs The HRM philosophy is based on the following beliefs: • Human resource is the most important asset in the organization and can be developed and increased to an unlimited extent. • A healthy climate with values of openness, enthusiasm, trust, mutuality and collaboration is essential for developing human resource. • HRM can be planned and monitored in ways that are beneficial both to the individuals and the organization.
  • 64. HRM: Beliefs • Employees feel committed to their work and the organization, if the organization enables a feeling of belongingness. • Employees feel highly motivated if the organization provides satisfaction of their basic and higher level needs. • Employee commitment is increased with the opportunity to discover and use one‘s capabilities and potential in one's work. • It is every manager's responsibility to ensure the development and utilization of the capabilities of subordinates.
  • 65. HRM: Futuristic Vision 1. There should be a properly defined recruitment policy in the organization that should give its focus on professional aspect and merit based selection. 2. In every decision-making process there should be given proper importance to the aspect that employees are involved wherever possible. It will ultimately lead to sense of team spirit, team-work and inter-team collaboration. 3. Opportunity and comprehensive frame works should be provided for full expression of employees‘ talents and potentialities.
  • 66. HRM: Futuristic Vision 4. Networking skills of the organizations should be developed internally and externally as well as horizontally and vertically. 5. For performance appraisal of the employee’s emphasis should be given to 360 degree feedback which is based on the review by superiors, peers ,subordinates as well as self-review. 6. 360 degree feedback will further lead to increased focus on customer services, creating of highly involved workforce, decreased hierarchies, avoiding discrimination and biases and identifying performance entry.
  • 67. HRM: Futuristic Vision 7. More emphasis should be given to Total Quality Management. TQM will cover all employees at all levels; it will conform to customer's needs and expectations; it will ensure effective utilization of resources and will lead towards continuous improvement in all spheres and activities of the organization. 8. There should be focus on job rotation so that broadened as well as potentialities of vision and knowledge of the employees are the employees are increased for future job prospects.
  • 68. HRM: Futuristic Vision 9. For proper utilization of manpower in the organization. The concept of six sigma of improving productivity should be intermingled in the HRM strategy. 10.The capacities of the employees should be assessed through potential appraisal for performing new roles and responsibilities. It should not be confined to organizational aspects only but the environmental changes of political, economic and social considerations should also be taken into account.
  • 69. HRM: Futuristic Vision 11. The career of the employees should be planned in such a way that individualizing process and socializing process come together for fusion process and career planning should constitute the part of human resource planning.
  • 70. CONCLUSION • To conclude HRM should be linked with strategic goals and objectives in order to improve business performance and develop organizational cultures that foster innovation and flexibility. All the above futuristic visions coupled with strategic goals and objectives should be based on 3 H's of Heart, Head and Hand i.e., we should feel by Heart, think by Head and implement by Hand.
  • 71. StrategicHRM • Strategic HRM is the practice of aligning business strategy with the HR practices to achieve the strategic goals of the organization. • The idea behind SHRM is that companies must ‘fit´ their HR strategy with in the framework of overall Business objectives and hence ensure that there is alignment between the HR practices and the strategic objectives of the organization.