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HUMAN

RESOURCE
MANAGEMENT

Topic: “Understanding and • Prepared by. MBA sem-2 students


Context of HRM”
Introduction of
Human Resource Management
Human :- People

Resource :- Assets for Organizations

Management :- Co-ordination and Control to

Achieve set Goals.


HRM Meaning

• Human Resource Management is also a function of


management, concerned with hiring, motivating &
maintaining people in an organization.

• It focuses on people in the organization.


Definition

• Human Resource Management is the planning,


organizing, directing & controlling of the procurement,
development, compensation, integration, maintenance and
separation of human Resource to the end that individual,
organization , and social objectives are accomplished.

- Edwin B. Flippo
FUNCTIONS OF HRM

A. B.
A. B.
Managerial Operational
Managerial Operational
Function Function
Function Function
A.
Managerial
Function of
HRM
Planning

Directing Managerial Organizing

Controlling
B.
OPERATIONAL
FUNCTIONS

Abhishek Chauhan (Roll no.01)


OPERATIONAL FUNCTIONS

Integration of 1. EMPLOYEMENT
employee interest
Performance
Job Evaluation
and HR Planning
business
Appraisal
organization interest
2. HR DEVELOPMENT

Payment for work, done by the


workers
Integrate these
conflicting interests in 3. COMPENSASITON MANAGEMENT
a way - both the
parties should be Training
Recruitment, Selection, Placement
satisfied.
4. EMPLOYEE RELATION
Bridge between
Employee and
Wages and Salaries -organization
incentives - Bonus

Career Planning and Development

Abhishek Chauhan (Roll no.01)


OPERATIONAL FUNCTIONS

Building relations
working with workers
conditions and welfare
Acknowledge
5. MAINTENANCE employees’
achievement

6. MOTIVATION

Rewarding
employees
7. INDUSTRIAL RELATION

Encourage
8. PERSONNAL RECORDS friendly
competition
Don’t let employees
becomeHealth
bored – Safety - Comfort

Abhishek Chauhan (Roll no.01)


Principles of HRM
• Maximum individual development
• Scientific selection
• High morale
• Effective communication
• Dignity of labour
• Team spirit
• Fair reward
• Effective utilisation of human resource
Role of HR Executive
Roles of HR Executive

Service provider Executive Facilitator Consultant Auditor


CHALLENGES
TO
HRM
KEY CHALLENGES TO HRM :
• Globalization
• Ever changing technology
• Change management
• Managing human capital
• Managing diversity
• Communication
CONTEXT OF HRM
HRM FORCES
There are two types of HRM Forces:

1. Internal Forces

2. External Forces
INTERNAL FORCES EXTERNAL FORCES

1) Strategy 1) Economic
2) Task 2) Political-Legal
3) Leadership 3) Technological
4) Trade Unions 4) Cultural
5) Organizational Cultural
THANK YOU…

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