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session 1
Human resource management
Definition of HRM
1
Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees
2
Human resource management is the strategic approach to the effective management of people in a company or organization. It is designed to maximize employee performance in service of an employer's strategic objectives
3
HRM is management function that helps managers to recruit, select, train and develop members for an organization. Obviously HRM is concerned with the people’s dimensions in organizations. HRM refers to set of programs, functions, and activities designed and carried out
Core elements of HRM
Applicability
Influence
Management
People
Integration & Consistency
Human resources management objectives
Organizational objectives
Functional objectives
personal objectives
Why is human resource (HR) management important ?
It provides
Having the right people doing the right thing
what causes
Higher levels of performance
The dedicated and enthusiastic employee
Take full advantage of human resources
Increased job satisfaction
Highest quality work
Establish a good relationship between the employee and the manager
Avoid legal action
Human resource management
function
Planning
In the human resource planning function, the number and type of employees needed to accomplish organisational goals are determined
Recruitment
Staffing emphasises the( recruitment ) of the human resources for an organisation. Human resources planning and recruiting precede the actual selection of people for positions in an organisation. Recruiting is the personnel function that attracts qualified applicants to fill job vacancies. In the selection function
Orientation
the first step toward helping a new employee adjust himself to the new job and the employer. It is a method to acquaint new employees with particular aspects of their new job, including pay and benefit programmes, working hours, and company rules and expectations
Training and Development
The human resources department handles the training and development of an organization. It creates training programs and conducts training for new hires and existing employees. The human resources department also works in conjunction with department managers and supervisors to determine the training needs of employees.
Performance Appraisal
function monitors employee performance to ensure that it is at acceptable levels. Human resource professionals are usually responsible for developing and administering performance appraisal systems, although the actual appraisal of employee performance is the responsibility of supervisors and managers
Compensation
The human resources department is responsible for various aspects of employee compensation. The department typically handles employee payroll and ensures employees are paid accurately and on time.
Management
Definition
1- Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals
2, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system
Importance of Management ??
1- It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goal
2- Optimum Utilization of Resources - Management utilizes all the physical & human resources productively. This leads to efficacy in management. Management provides maximum utilization of scarce resources by selecting its best possible alternate use in industry from out of various uses.
3- Reduces Costs - It gets maximum results through minimum input by proper planning and by using minimum input & getting maximum output. Management uses physical, human and financial resources in such a manner which results in best combination. This helps in cost reduction
4- Establishes Sound Organization - No overlapping of efforts (smooth and coordinated functions). To establish sound organizational structure is one of the objective of management which is in tune with objective of organization and for fulfillment of this, it establishes effective authority & responsibility relationship
5- Establishes Equilibrium - It enables the organization to survive in changing environment. It keeps in touch with the changing environment. With the change is external environment, the initial co-ordination of organization must be changed
The Management Process
???
1 Planning
Establishing goals and standards, developing rules and procedures, plans and forecasting
2 Organizing
giving each subordinate a specific task, establishing departments, delegating authority to subordinates and coordinating their work
3 Staffing
determine what type of people we should hire, select and recruit employees, train and develop employees, setting performance standards, evaluating performance and compensating Employees
4 Leading
getting others to do the job, maintaining moral and motivating subordinates.
5 Controlling
setting standards as sales quotas and quality standards, compare actual performance with these standards and set corrective actions as needed