Chapter 1 - Human Resource Management

Nature/Meaning - HRM
HRM is a process Acquisition Development Motivation Maintenance Multidisciplinary

Focus on Objectives
Universal Application Continuous in nature

Integrated use of sub-

approach Key element of coping with problems Development of Team Spirit Development of Employee Potential Long Term Benefits

system

Definition
Edward Flippo PODC PDCIMS IOS

HR Management is the planning, organising, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are accomplished David DeCenzo and Stephen Robbins Human resource management is concerned with the people dimension in management. Since every organisation is made up of people, acquiring their services, developing their skills, motivating them to higher levels of performance, and ensuring that they continue to maintain their commitment to the organisation are essential to achieving organisational

Importance
Significance for Organisation

Attaining objective of organisation Human Resource Planning Proper Recruitment Developing KSAs Motivation by providing proper compensation Maintaining workforce To give timely feedback Help employees to correct their weakness and consolidate their strengths

Importance
Professional Significance

Maximum opportunities for personal growth and develop each employee Provide healthy relationship between individuals Proper allocation of jobs Social Significance Providing employment that provides psychological satisfaction Fairly compensating the employees according to contribution made by them Eliminate waste of human resource through conservation of energy

Importance
National Significance

Effective management of Human Resource Effective utilization of natural, physical and financial resources Contributes in economic development of nation

 Define HRM. Explain the various functions of

HRM

Descriptive Questions

Define HRM. Differentiate between Personnel

Management & HRM. (2 Times)

Define the term HRM with its evolution and

importance
Define the nature, objectives and scope of HRM

(7 Marks)
Define HRM and explain the duties and

responsibilities of HR Manager in changing