MB0043 Slides Unit 01

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C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-1 HRM Concept, Functions and Evolution

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Program : MBA

Semester : I

Subject Code : MB0043

Subject Name : Human Resource Management

Unit number : 1

Unit Title : HRM- An Introduction

Lecture Number : 1

Lecture Title : HRM Concept, Functions and Evolution

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Objectives

Objectives :

• To Define human resource management

• To discuss the importance HRM

• To trace the evolution of HRM

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Lecture Outline

• Introduction

• HRM–Importance

• HRM-Objectives

• HRM-Functions

• Factors

• Evolution Phases

• Summary

• Check Your Check Your Learning Learning

• Activity

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Human resource ManagementHewitt Best Employers–”Organizations that care abouthow people are treated at work, who run their businesseswith their people top of mind, and who have superiorbusiness results as a consequence”

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Human Resource Management

Does it matter?

Why does it matter?

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Basic Definition

– ‘managing the employment relationship’

(Tyson, 1987)

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Human resource management is the function

performed in an organization that

facilitates the most effective use of people(employees)

to achieve organizational and individual goals

Introduction

What is Human Resource Management?

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HRM Importance

It is the competence and attitude of the human resource that

can make or break a business.

Unlike other resources human resource is dynamic in

nature

A nation with a rich human resource can develop fast.

Quality human resource are the asset to the organization and

they are the contributors to gain competitive advantage.

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Human Resource Management

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Organization

HRPlanning

Recruitment

Selection

Trainingand

Development

Performance

Review

Compensation

Laborrelations

Set of activities to attract, develop ,maintain an effective workforce

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HRM Objectives

Acquiring

Humanresources

MaintainingHuman

Resources

DevelopingHuman

resources

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Compare Personnel Managementand Human resource Management

and try to bring out the underlying differences between the two.

HRM Objectives

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HRM Functions

Managerial

Functions

Planning

Organizing

Controlling

Directing

Operative

Functions

Employment /staffing

HumanResource

Development

Compensation

Management

Humanrelations

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HRM Evolution

HRM Functions

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Globalization

Government regulation

Stronger knowledge/research base

Changing role for labor unions

Challenge of matching worker expectations with competitive demands

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Factors Affecting HRM

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Phases of HRM Evolution

The Pre-modern Era

Industrial Revolution

Classical Approach

Scientific Management

Human Resources Approach

Hawthorne studies

Human Relations Movement

The Quantitative Approach

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The human relations approach was the outcome of the famous

Hawthorne studies undertaken by Elton Mayo and Fritz Roethlisberger

at the western Electric’s Hawthorne plant in Chicago.

List down the findings of Hawthorne Studies ?

Phases of HRM Evolution

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MB0043 H R M t

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• Human Resource Management is a management function that helps

managers plan, recruit, select, train, develop, remunerate and

maintain members for an organization.

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Summary

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Check Your Learning

1. The genesis of HRM which is instilled in the principles of mass

production and organization of work is :

(a) Scientific approach (b) Craft system (c)Human relations approach

2. The genesis of HRM which was an outcome of the famous “Hawthorne

studies” is

(a)Scientific approach (b) Craft system (c)Human relations approach.

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Activity

1. Read Article – ‘Introduction to HRM’

2. There are certain mantras of management success. Best managed

companies are more employee-friendly, and focus on training and

fair remuneration. Find and list out top 5 Indian companies known

for best HR practices and also try to analyze what are the key

features that set them apart.

3. People management has matured from Personnel Management to

Human Resource Management. But has the change been only

cosmetic or real?-Discuss

4. Read Blog “Why HR” -http://resources.smude.edu.in/blogs/muzna/

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Transcript of MB0043 Slides Unit 01