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Unit-1

Human Resource
Management
Introduction
• HRM is a broad sense may be defined as
management function that helps, manages,
recruit and select, train and develop
members/employees for an organisation. It is
obviously concerned with the people’s
dimensions in organization.
Meaning of HRM
• HRM is a broad sense may be defined as
management function that helps, manages, recruit,
select, Train and develop members for an
organisation.
• It is obviously concerned with the people’s
dimensions in organisation.
• The principal component of an organisation is its
human resource or people at work. Human resources
may be defined as the resource with the knowledge
skills, creative ability, talents and aptitudes.
Nature of HRM

 It is pervasive in nature, as it is present in all industries.


 It focuses on outcomes and not on rules.
 It helps employees develop and groom their potential
completely.
 It motivates employees to give their best to the company.
 It is all about people at work, as individuals as well as in groups.
 It tries to put people on assigned tasks in order to have good
production or results.
 It helps a company achieve its goals in the future by facilitating
work for competent and well-motivated employees.
 It approaches to build and maintain cordial relationship among
people working at various levels in the company.
Objectives of the HRM
1. Organizational Objectives
2. Societal Objectives
3. Functional Objectives
4. Personal Objectives
Scope of HRM
• Human Resources Planning
• Job Analysis Design
• Recruitment and Selection
• Orientation and Induction
• Training and Development
• Performance Appraisal
• Compensation Planning and Remuneration
Functions of HRM
• Managerial Functions,
 Human Resource Planning
 Organizing
 Directing
 Controlling
• Operative Functions
 Recruitment and Selection
 Job Analysis and Design
 Performance Appraisal
 Training and Development
 Wage and Salary Administration
 Employee Welfare
 Maintenance
 Labour Relations
 Personnel Research
 Personnel Record
• Advisory Functions
 Advised to Top Management
 Advised to Departmental Heads
Personnel Policies of HRM
1. Recruitment and Selection (Employment)
Policy
2. Promotion policy
3. Training policy
4. Wage policy
5. Demotion and termination policy
6. Working conditions and motivation policy
7. Welfare policy
8. Integration policy
Principles of HRM
• Principle of individual development
• Principle of scientific selection
• Principle of free flow of communication
• Principle of participation
• Principle of fair remuneration
• Principle of incentive
• Principle of dignity of labour
• Principle of labour management co-operation
• Principle of team spirit
• Principle of contribution to national prosperity
Challenges of HRM
1. Change Management
2. Staff Training and Development
3. Attracting Top Talent
4. Talent Retention
5. Ensuring Employees’ Physical and Mental
Well Being
6. Ensuring Diversity and Inclusion
Skills required for HR Professionals
HRM Models
HR function models include:
1. The Fombrun Model
2. The Harvard Model
3. The Guest Model
4. The Warwick Model
5. Dave Ulrich Model
1. The Fombrun Model
2. The Harvard Model
3. The Guest HR Model
4. The Warwick Model
5. Dave Ulrich HR Model

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