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PRINCIPLES

OF HUMAN
RESOURCE
MANAGEMENT
HUMAN RESOURCE
MANAGEMENT (HRM)
An Introduction
What is HRM?
According to Wendell F. French…

“ the human resource


management refers to the
philosophy, policies, procedures,
& practice related to the
management of people within an
organization.”
What is HRM?
According to Stephen Robbins…

“HRM is a process consisting of


the acquisition, development,
motivation & maintenance of
human resources.”
Objectives of HRM
SOCIETAL

• To manage human resources in an


ethical & socially responsible manner.
• To ensure compliance with legal &
ethical standards.
Objectives of HRM
ORGANIZATIONAL

• To focus on achieving the goals of


the organization.

• To recognize its role in bringing about


organizational effectiveness.
Objectives of HRM
FUNCTIONAL

• To maintain the HRM departments


contribution at a level appropriate to
the organization's needs.
• To employ the skills & abilities of the
workforce efficiently.

• To provide the organization with well


trained & well motivated employees.
Objectives of HRM
PERSONAL

• To increase employees job satisfaction to


the fullest extent.
• To meet the self actualization needs of the
employees.
• To assist the employees in achieving their
personal goals.
• To develop & maintain a quality of work
life.
Importance of HRM
Attract and retain talents

Train people for challenging roles

Develop skills and competencies

Promote team spirit

Develop loyalty and commitment


Importance of HRM
Increase productivity and profits

Improve job satisfaction

Enhance standard of living

Generate employment opportunities


Thank you very much!

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