HRM is defined as planning, organizing, directing, and controlling the procurement, development, compensation, integration, maintenance, and separation of human resources to accomplish individual, organizational, and social objectives. The key managerial functions of HRM include planning, organizing, staffing, directing, and controlling. HRM is a people-oriented, action-oriented, continuous, future-oriented, challenging, and staff function that draws from both science and art.

2. Definition:
• HRM is planning, organizing directing and
controlling of the procurement , development,
compensation , integration, maintenance, and
separation of human resources to the end that
individual, organizational and social objectives
are accomplished.

3. Managerial functions
Planning- plan & research
Organizing- manpower and
resources
Staffing- recruitment &
selection
Directing- issuance of orders
and instructions to follow plan
of action
Controlling – to regulate the
activities
Functions of HRM

4. •People oriented
•Action oriented
•Continuous function
•Future oriented
•Challenging function
•Staff function
•Young discipline
•Science as well as Art
•Nervous system

5. HUMAN RESOURCE
MANAGEMENT PERSONAL MANAGEMENT
 Strategic Function
 Modern Approach
 Fast decision making
 Fast communication
 Labour is an asset for
organization
 Pay on performance
evaluation
 Concern with all levels
all management (top to
bottom)
 Routine Function
 Traditional Approach
 Slow decision making
 Slow communication
 Labour is a tool and can
be replaced any time
 Pay on job evaluation
 Concerned with
personal manager