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INTRODUCTION of Human Resource Management
INTRODUCTION of Human Resource Management
Human Resources!!
Resources are anything that has utility and adds
value to your life. a source of supply or support Air,
water, food, plants, animals, minerals, metals, and
everything else that exists in nature and has utility to
mankind is a 'Resource’
•Natural resources.
•Human resources.
•Environmental resources.
•Mineral resources.
•Water resources.
•Capital resource
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© 2005 Prentice Hall Inc. All rights reserved. 1–3
Human resource management (HRM), or
staffing, is the management function devoted to
acquiring, training, appraising, and
compensating employees
“Human resource management involves the
acquisition, retention, and development of
human resources necessary for organizational
success”
Management process
The five basic functions of planning,
organizing, staffing, leading, and controlling.
2)Motivating
3)Maintaining people in the organisation.
1. Recruitment.
2. Performance Appraisals.
3. Maintaining Work Atmosphere.
4. Budget Control.
5. Conflict Resolution.
6. Training and Development.
7. Employee Satisfaction.
8. Performance Improvement.
9. Sustaining Business.
10. Corporate Image.
Components of Human Resource
Management
1) Environmental Challenges.
2) Organizational Challenges.
3) Individual Challenges.
1. Environmental Challenges
Environmental challenges refer to forces and institutions
that are beyond access to management. These forces
are external to the organization and beyond the control
of management.
Hence, managers face difficulties in managing such
environmental issues. Environmental challenges consist
of the following factors:
Globalization Movement
Change in Economic Outlook
Change in Political Environment
Change in Socio-cultural Environment
Change in Technological Environment
2. Organizational Challenges
Figure 1–1
Source: Adapted from BNA Bulletin to Management, June 29, 2000.
© 2005 Prentice Hall Inc. All rights reserved. 1–16
Study Guide Questions
Use these questions to help prepare yourself for the exam .