Professional Documents
Culture Documents
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The “cycle of personnel”
Planning
Recruiting & Selection
Career planning
Appraisal
Rewarding
Performance
Development & Training
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What does it mean HRM?
On the one hand, HRM is no more than a more
modern name for “personnel management”.
On the other hand, the term is equally widely
used to denote a particular approach to the
management of people which is clearly distinct
from the “personnel management”. It also
suggests a distinctive philosophy towards carrying
out people-oriented organisational activities.
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HRM function has four key
objectives:
Staffing objectives
Performance objectives
Change-management objectives
Administration objectives
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Personnel vs. HRM
Personnel management HRM
Time and planning Short term, reactive, “ad Long term, proactive,
perspective hoc”, marginal strategic, integrated
Psychological Compliance Commitment
contract
Control system External controls Self-control
Performance . Administration
HRM
Line managers
HR specialists
Consultants
Subcontractors
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HRM in a small-scale unit
Owner/Manager
Personnel
Assistant
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HRM in a large-scale unit
Chairman and Managing Director
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Functions of HRM
Functions of HRM
Production 11
Strategic HRM
The linking of human resources with
strategic goals and objectives in order
to improve business performance and
develop organizational culture that
foster innovation and flexibility
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Human Resource Strategy…
The intention of the corporation
both explicit and covert, towards
the management of its employees,
expressed through philosophies,
policies and practices (Tyson)
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Org. Str. HR Str.
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Org. Str. HR Str.
15
Org. Str. HR Str.
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Org. Str. HR Str.
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Org. Str. HR Str.
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Diagnostic Measures of HR
Effectiveness
HR expense per employee
Compensation as a percent of
expenses
HR department expense as a
percent of total expenses
Cost of hires
Turnover rates
Absenteeism rates
Worker’s compensation per
employee
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