Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Â
HR Management Functions & Objectives
1. Human Resource Management is the
function within an organization that deals
with issues related to people such as
compensation,
hiring,
performance
management, organization development,
safety, wellness, benefits, employee
motivation, communication, administration,
and training.
3. The purpose of human resource
management is to improve the productive
contribution of people to the organization
in ways that are strategically, ethically, and
socially responsible.
4. Objectives are benchmark against which
actions are evaluated.
Organizational
Objectives
Functional
Objectives
Societal
Objective
Personal
Objective
5. Human Resource Activities are actions that are
taken to provide and maintain an appropriate
workforce for the organization. Not every
organization undertakes every activities. HR
departments simply focus on the activities that
are most important for the organization .
7. Human Resource activities are actions that are taken to provide and maintain an
appropriate workforce for the organization
When organizations
grow large
Human
Resource
Planning
As demand change
Placement,
promote,
demote ,
transfer
With an eye
towards future
needs
Recruitment
(pool of
applicants)
Subsequent HR
planning reveal
new staffing need
Recruitment
&
development
With an eye
towards future
needs
Selection
(screen
applicants)
Performance is
analyzed
Evaluation /
appraisal
New employees
are tuned to the
organization’s need
Orientation
&
Training
Compensation
Wages,
salaries,
benefits,
Employee relations
Union – management relations
11. PROACTIVE
REACTIVE
Human Resource Management
•Effective and efficient solutions are
generally more likely to be found if
managers and HR departments use
proactive approaches.
•It improves productivity by minimizing
the resources needed to respond to
changes in the environment or to
produce the organization’s goods or
services.
•It is a major step in enhancing
organizational productivity.
•It occurs when HR problems. Are
anticipated and corrective action
begins before a problem arises.
•Mangers and HR departments cannot
always wait for feedback and then
respond.
•Waiting until an actual problem occurs
and then reacting may be
inappropriate and costly.
•Reactive Human Resource
Management occurs when decision
makers respond to HR problems.
12. 1. Since HR department are typically seen as a cost of operations, explain how
they contribute to an organization’s ability to confront the increased
globalization of business now taking ;lace throughout the world.
2. Describe the purpose and primary objectives of an HR department.
3. Why is improved human productivity important to organizations?
4. Explain the relationship between societal needs and the activities of a human
resource department.
5. What benefits exist when the HR department is viewed with a systems
approach?
6. Why is proactive approach to human resource management more
emphasized?
7. If a Bank opened a branch in a distant city, what activities would the HR
department need to undertake before a fully operational and staffed branch
was ready for business?
