HUMAN RESOURCE MANAGEMENT PRINCIPLES OF HRM Presented by V VINAY CHANDRA 19021E0065 DEFINITION • Human Resource Management is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage. • It is designed to maximize employee performance in service of an employer's strategic objectives. Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. PRINCIPLES OF HRM • Principle of scientific selection: For the proper coordination between work and workers it is necessary to have a right person for the job so that the question of inability of the person will not arise and workers will be able to get and do work according to the interest. • Principle of effective communication: There must be effective medium of communication between the management and the workers. Communication means that, orders of higher authorities are conveyed in a proper way. PRINCIPLES OF HRM • Principle of maximum individual development. • Principle of high morale. • Principle of team spirit. • Principle of dignity of labour. • Principle of joint management. THANK YOU