BUSINESS ETHICS

MANAGEMENT

SUBMITTED BY:
ASWATHY V
 INTRODUCTION TO HRM

 New approach to manage people

 People are the key resourses
 Maintains good human relation
 DEFINITION
According to Edwin B. Flippo, ―Human resource
management is the planning, organising, directing and
controlling of the procurement, development,
resources to the end that individual and societal
objectives are accomplished
 FUNCTIONS OF HRM
 Collective bargaining
 Performance appraisal
 Team building
 Staff-welfare
 Recruitment
 Motivation and incentives
 Job specification and description
 Retention
 Absenteeism
 GROWTH OF HRM
 1890-1910: Frederick.W.Taylor formulated scientific
management
- includes the reward system, best method for doing
job, systematic training and selection.

 1910-1930: give more importance to welfare of

workers
- emerged industrial psychology and improved
recruitment procedures
 1930-1945: Hawthorne studies got importance
- give importance to team work and emphasis to
motivational factors.

 1945- 1965: more emphasis to collective bargaining

- more importance for compensation and benefits
and insurance coverage
- obtained paid vacations and holidays.
 1965- 1985: equal employment opportunities and
strong employee rights were formulated.

 1985-2005: Three trends were formulated

- First: increased diversity of labour
- Second: globalization of business and technological
revolution
-Third: focused on ‘strategic function’
 SCOPE OF HRM
 Determing HR needs
 Attracting potential employees
 Choosing employees
 Traing/preparing
 Rewarding
 Evaluating performance
 Creating a positive environment
DIFFERENT ASPECTS OF HRM
 Attempts to demand forecasting
 Training and development practices
 Learning organisations
 Performance management
 Teamwork
 Motivation
 FUNCTIONAL AREAS OF
HRM
 Human Resources
 Sales and Marketing
 Research and Development
 Finance and Accounts
 Production
 Administration and IT
 Customer Service
THANK YOU