HRM1 Intro

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    HUMAN RESOURCE

    MANAGEMENT

    Prof. Krishna Sawant

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    MEANING OF HUMAN RESOURCE

    According to Leon C. Megginson, the

    term Human Resources can be defined

    as the total knowledge, skills, creativeabilities, talents and aptitude of an

    organizations workforce, as well as the

    value, attitudes and beliefs of theindividuals involved.

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    DEFINITION OF HUMAN RESOURCE

    MANAGEMENT

    Human Resource Management can be defined

    as the field of Management which has to dowith Planning, Organizing, Directing and

    Controlling the functions of procuring,

    developing, maintaining and utilizing a laborforce

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    FEATURE OF HRM

    Concerned with employees

    Concerned with the development of Human

    Resources Covers all levels and categories of employees

    Applies to all types of organizations

    Continuous Process

    Integrated Approach

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    GOALS OF HRM

    Provide a range of services which supportthe achievement of corporate objectives.

    Enable the organization to obtain and retain

    the skilled, committed and well-motivatedworkforce.

    Create a climate in which productive and

    harmonious relationships can be maintainedbetween management and employees, thusdeveloping mutual trust.

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    GOALS OF HRM

    Ensure that people are valued andrewarded for what the do and achieve.

    Ensure that equal opportunities areavailable to all.

    Maintain and improve the physical

    and mental wellbeing of employees.

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    SCOPE OF HRM AND ITS FUNCTIONS

    Human resource planning: HRP is one of the keyand prime jobs of human resource management.Decreasing the layer of the organization structure,

    over emphasis on of the decentralization etc. areincreasing the scope of the HRM.

    Employees remuneration and its administration

    Employees motivation

    Maintenance of Industrial Relations

    Potential development of employees

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    Main Difference between PM and HRM

    PM is workforce centered, directed mainly at the

    organizations employees; such as finding and

    training them, arranging for them to be paid,

    explaining managements expectations, justifying

    managements actions etc.

    HRM is resource centered, directed mainly at

    management, in terms of developing theresponsibility of HRM to line management,

    management development etc.

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    MAINDIFFERENCE BETWEEN PM AND

    HRM

    PM is basically an operational function,concerned primarily with carrying out the day today people management activities.

    HRM is more proactive than PM. PM is aboutmaintenance of personnel and administrativesystems, HRM is about the forecasting oforganizational needs, the continual monitoring

    and adjustment of personnel systems to meetcurrent and future requirements, and themanagement of change.

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    OBJECTIVE OF HRM

    Personal Objectives: Personal objective of employees must be

    met if employees are to be maintained, retained and motivated.

    Functional Objectives: To utilize the scare human resources to

    full fill the organizational demand. It facilitates the organizationto accomplish the mission and vision.

    Organizational Objectives: HRM is continuous process. It is not

    an end in itself but to assist the organization with is primary

    objectives.

    Societal Objectives: HRM ensures ethically healthy workingculture where there is no discrimination with anybody and equal

    employment opportunity, safety and quality of work life.

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    OBJECTIVE OF HRM

    HRM : OBJECTIVES

    Organizational Societal Functional Personnel

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    FUNCTIONS OF HRM

    Efficiently employing the skills and ability of the

    workforce in the perspective of unique work

    demand.

    Making a co-ordination among diverse workforce. Achieving quality of work life.

    Effective communication of HRM policies to all

    levels. Managing change.

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    FUNCTIONS OF HRM

    H

    R

    M

    Acquisition:

    HRP

    Recruitment

    Selection

    Socialization

    Development:

    Training

    Management

    Development

    Career

    Development

    Motivation:

    Job design

    Reward

    Performance appraisal

    Job evaluation

    Maintenance:

    Labor Relation

    Health and safetyCustomer Relation

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    COMPONENTS OF HRM

    Five M are the main aspects of any kind ofbusiness activities and for any kind oforganization to run its functions smoothly. These

    are Men, Machines, Material, Money and Minuti.e. Time. But the most important asset for anybusiness organization is the first M i.e. Men.

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    COMPONENTS OF HRM

    Four major components have been identified for

    effective and efficient human resource

    management. These are values, emotions, skills,

    and motivation.

    Values: Values generally influence attitude

    and behavior. Managing human resources

    requires great values of employees so that teamspirit and sound culture can be imagined.

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    COMPONENTS OF HRM

    Emotions: It is a kind of cognitive factor bywhich emotional intelligence can be imagined.The control over mind, making dedication and

    ensuring enthusiasm are the response of emotions.Skills: A kind of attribute of a person which

    embarks competencies for achieving the goal.Technical skills, Human skills and Conceptual

    skills are essential for HRM.

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    COMPONENTS OF HRM

    Motivation: Motivation is important as oxygen is

    important for life. There are number of factors

    which motivate employees in the organization

    like; responsibility, authority, working conditions,

    organizational culture and organizational policy

    etc.

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    HRM MODEL

    HR professional become strategic partners when

    they participate in the process of defining

    business strategies, when they help in converting

    strategy to action, and when they design HR

    practices that align with the overall business

    strategy. By fulfilling this role, HR professional

    increase the capacity of a business to execute itsstrategies.

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    HRM MODEL

    HR planning is very much align to the overall

    business strategy of the organization.

    HR strategy needs to be in sync with the business

    objectives, and the systems and process

    incorporated must also support the required

    results.

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    HRM MODEL

    The three Ps make the sense of all about the

    HRM.

    These are: People, Process andPerformance. People, are the common

    factor while process involves the

    organizational process and performance islinked with the return on investment.

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    HRM MODEL

    Changes in socio-economic, technological

    innovation and political conditions are

    bound to bring about change in theenvironment within the organizations.

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    HRM MODEL

    People

    Shareholder

    Management

    Government

    Employees

    Community

    Process

    HRP

    T&P

    Reward System

    HR Policies

    HRM

    IR

    Performance

    HR Outcomes

    Congruence

    Commitment

    Cost

    effectiveness

    Corporate Strategy

    Business Strategy

    HRM

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    HRM PRACTICES

    Todays organization need to develop and managepeople who can think, lead and act from a globalperspective, and who must possess a global mindset

    as well as global skills. These HRM practices are:

    * Transformation of ideas, skills and practices.

    * Stress on enhancing capability, not only

    capacity.

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    HRM PRACTICES

    * Developing leadership and management

    capability, so that everybody can act and think

    like a manager.

    * Developing team spirit.

    * Addressing spirituality so that everybody can

    following organizations ethics without any kind

    of enforcement but by their own willingness.

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    HRM PRACTICES

    Inputs:

    QWL

    Culture

    Satisfaction

    Outputs:

    Motivation

    Team Spirit

    Values

    HRM

    HRD

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    APPROACHES TO HRM

    Hard and Soft approaches to HRM.

    Hard approach to HRM in which employees are

    viewed as a resource to be managed like any other

    factor of production.

    In this approach, the critical task for management

    is to align the formal structure and HR systems of

    the organization so that they drive the strategicobjectives of the organization.

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    APPROACHES TO HRM

    The strategic model of HRM developed by

    Fomburn et al(1984)argued that an over-emphasis

    cannot be ignored if business strategies is to

    succeed.

    Soft' approach to HRM in which employees are

    viewed as a valuable asset whose commitment

    will assist in achieving organizational success.

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    APPROACHES TO HRM

    The objective for organization in such anapproach is to integrate HR policies with thestrategic planning process, to gain the willing

    commitment of employees, to achieve flexibilitythrough avoidance of rigid bureaucratic structuresand to improve quality.

    The most well known soft model of HRM,

    known as the Harvard Model of HRM (Beer et al1984), views business strategy as just onesituational factor which influences managementsapproach to HRM.

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    ROLE OF STAKEHOLDERS IN

    HRM Key stakeholders: Government Is a key stakeholder.

    The significance of this stakeholder is of particular

    relevance for public sector organizations, because

    government act as both stakeholder and employer.Government may act as a key driving force for HRM

    reform.

    Key stakeholders: Management Storey(1992)

    argues that the real appeal of HRM for top

    management is its apparent ability to bring coherence,

    direction and form to a cluster of existing personnel

    policies.

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    ROLE OF STAKEHOLDERS IN HRM

    Key stakeholders: Unions As key

    stakeholders in Organizational decision

    making. It includes direct involvement of

    employees, in addition to representation by

    unions on behalf of employees.

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    PROGRAM OF STUDY

    Module 1-Nature and Scope of Human Resource

    Management.Module 2- Organization of Personnel Functions.

    Module 3- Manpower Planning, Job description,Scientific Recruitment and Selection Methods.

    Module 4- Motivation Strategies, incentive schemes,job enrichment, job satisfaction, Personnel turnover.

    Module 5- Performance Appraisal System.

    Module 6- Training and Development.

    Module 7- Organization Development Organizationstructures, Re-engineering multi skilling, BPR.

    Module 8- Management of Organization Change.

    Module 9-HRD strategies for long term planning andgrowth, Productivity and HRM

    Module 10- Introduction to Human Audit.