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MBA 513 2 sem

Human Resource
Organizations are managed by

the people and through people. Resource that make or breaks an organization, depending upon their level of commitment, contribution and cooperation. Human resource is collection of people and their characteristics at work.

Mission Statement of few organisations:


Aditya Birla Group
ICICI Bank

To develop ICICI Bank into

To deliver superior value to

our customers, shareholders, employees and society at large.

an organisation that is empowered by bright and talented individuals, working in teams and riding on the backbone of world-class technology.

Human Resources Management

What is human resource management?


The

effective use of people to organizational and individual goals

achieve

both

The effective recruitment, selection, development,

compensation, and utilization of human resources by organizations

Why care about HRM?


Impact on you as employees Impact on you as managers

Potential future roles as HR professionals


Impact of HRM on organizations

HRM has increased in importance since the 1980s. Why?


Government regulation Stronger knowledge/research base Changing role for labor unions Challenge of matching worker expectations with competitive

demands
Globalization

Professional organizations in HR
Society for Human Resource Management

Human Resource Certification Institute


American Society for Training & Development American Compensation Association

Competencies needed for HRM


Personal credibility Business mastery HR mastery Change mastery

SCOPE OF HRM

Employee education Health & safety Wages SCOPE Employee remuneration Industrial relations Employee motivation Employee selection

IMPORTANCE
It plays an important role at 4 levels:

Corporate

Professional

Social

National

Features of Human Resources


Appreciating asset over a period.
Produce output larger than the input. Provide utility value to each one of the physical

assets. Flexibility of an organization depends more on people than on technical factors.

Objectives of HRM
To take care of the work life of

employees from time they join the organization to the time they leave it, while ensuring their best cooperation while achieving organizational as well as personal goals. Liaison between top management and the employees. Arrange adequate manpower inventory.

Offer training and development programs to

enhance productivity. Device employee benefit schemes. Ensure and enhance quality of work life. Keep up ethical values and behavior amongst employees.

Scope of HRM
Personnel or Labour Aspect

Planning, recruitment, selection, placement, transfer, promotion, T&D, layoffs, renumeration, incentives etc Canteen, creches, rest-lunch rooms, housing, recreational facilities Union management relations, collective bargaining, grievance handling.

Welfare Aspect

Industrial Relations Aspect

Functions of HRM
Managerial functions Planning Organizing Staffing Directing Controlling Operative functions Procurement Development Compensation Maintenance & Motivation Integration Industrial relations

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