5. The Changing Environment
The advent of Technology
Lesser value of emotions at the workplace
Outcome driven environment
Globalisation and Liberalisation
Changed need levels (Maslow’s Hierarchy of needs)
6. What is Human Resource
Management
“HRM is management function concerned with
hiring , motivating and maintaining people in an
organization. It focuses on people in the
organization”
7. The application of management functions and
principles related to employees
HRM functions applicable every where (not for profit
and profit driven organizations)
All activities from employee entry to managing
performance and training until he or she leaves
9. The Semantics (1)
Personnel Management
Human Resource Management
PM and HRM are different in scope and orientation
HRM is broad concept
PM and HRD (Human Resource Development) are
part of HRM
10. Nature of HRM
HRM: the application of management functions
and principles related to employees
HRM functions applicable every where, even for
NGOs
11.
12. The Semantics (2)
Human Resource Development (HRD)
Human Resource Management (HRM)
HRD : a function more concerned with training and
development, career planning and organisational
development
HRD is thus a subset of HRM
13. The Semantics (3)
Industrial Relations Management
Human Resource Management
IRM : concerned with employee grievances and their
settlement, unionisation, and the like
IRM is one wing of HRM
15. Strategic Human Resource
Management
A 2-way concept
How HRM is affected by strategy
How HRM affects strategy formulation
How HRM is affected by strategy : Discuss (for class
participation points )
How HRM affects strategy formulation : Assignment
for Group 1
16. HRM : Functions & Objectives
The main objective of HRM is to ensure the availability
of willing and competent force to an organization
There are other objectives of HRM too
Societal objectives
Functional objectives
Organizational objectives
Personal objectives
17. Personal
Objectives
• Assist employees in achieving their personal goals
• Maintain employee performance and satisfaction
Functional
Objectives
• Maintain department’s contribution
• Tailor the department’s service level to fit organisation
Organisational
Objectives
• Recognize the role of HRM in bringing organisational
effectiveness
• Assist the organisation with its primary objectives
Societal
Objectives
• Be ethical and socially responsible to the needs of the
society
• Adhering to the law of the land