2. Mastermind Credo
For Human Resource
We Will Always Ensure That Each Member Of Our Team Is
Happy And Leading A Progressive And Well Balanced Life. We
Will Ensure That Each One Of Them Learn And Grow In Life
And For That We Will Provide All The Necessary Resources
And Tools. We Will Also Create Platforms Where They Can
Share And Exchange Their Knowledge With Other Members Of
The Society And The Organization.
We Are Committed To Provide Them Transparent And Easy
Systems And Process To Fulfill Their Tasks Effectively And
Also To Provide Them Healthy And Clean Work Environment
And Infrastructure.
3. Objective
• My Objective is to share on how the Human Resource can be
managed.
• To share factors affecting the organizational investment.
• Steps to HRM.
4. 5 Types of Assets/Capital
• Financial Assets/Capital
• Physical Assets/Capital
• Market Assets/Capital
• Operational Assets/Capital
• Human Assets/Capital
Easier
More Difficult
5. What is HAM?
• Human Asset management (HRM, or simply HR) is a function in
organizations designed to maximize employee performance of an
employer's strategic objectives.
• HR is primarily concerned with the management of people within
organizations, focusing on policies and systems.
6. Ease of Measurement
• Financial & Physical Asset are relatively easy to measure via
accounting practices. Most of these assets are tangible and having
clear market value.
(Equity, Securities & Investment, Account receivable, Plant, Land, Equipment, Raw
Material)
• Market & Operational are bit more Challenging to measure, but
accounting practices have been developed that generally can place
subjective value on such assets.
(Goodwill, branding, customer loyalty, Patents, trademarks, copyrights, Management
practices, structure of work, technology)
• Human assets are very difficult to measure as education,
knowledge, skills, competencies, etc have no boundaries and thus
to measure it’s very difficult.
7. Factors affecting an organizational
investment orientation
• There are basically five(5) major factors that affect the
Investment oriented Company in its management of Human
Resources :
1.Management
Values
2. Attitude
Towards Risk
3. Nature of
Employee
4. Utility theory 5. Outsourcing
8. Steps for Effective HAM
• Recruitment
• Assessment
• Staff Performance
• Wellbeing
9. Steps for Effective HAM
• Staff Retention
• Resolve Conflict
• Career Development
• Facilitators
