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SEMESTER II MMS A
Joyce Jose
Lesson 1
OBJECTIVE OF STUDY Introduction to HRM Objectives of HRM Functions of HRM Scope of HRM Goals of HRM HR Model
HUMAN RESOURCE
HRM is concerned with employees both as individuals and as a group in attaining goals. It is concerned with development of human resources i.e knowledge, capability and skills. HRM covers all levels ( low, middle and top) and categories (unskilled, skilled, technical, professional, clerical and managerial) of employees. It applies to the employees in all types of organizations in the world.( industry, trade, service, commerce) Human resource management is a continuous and never ending process. It aims at attaining the goals of the organization
OBJECTIVE OF HRM
HRM : OBJECTIVES
Organizational
Societal
Functional
Personnel
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 organization to 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 working culture where there is no discrimination with anybody and equal employment opportunity, safety and quality of work life.
FUNCTIONS OF HRM
Four basic functions: Staffing Training and Development Motivation Maintenance
FUNCTIONS OF HRM
Managerial- Managerial functions include planning, organizing, directing and controlling. All these functions influence operative functions. Operative- The operative functions of human resource management are related to specific activities of personnel management viz employment, development, compensation and relation
FUNCTIONS OF HRM
Operative functions 1) Employment -Job Analysis -Human Resource Planning - Recruitment -Selection -Induction and Orientation 2) Human Resource Development - Performance Appraisal - Training and Development -Career planning and Development 3) Compensation - Job Evaluation - Wage and Salary Administration - Incentives -Bonus -Fringe Benefits 4) Employee relation
SCOPE OF HRM
Stress Management Cross culture Management
Emotions Management
HRM
Change Management
Emotions Management
Potential Development
Performance Management
Expatriate Management
GOALS OF HRM
Provide a range of services which support the achievement of corporate objectives. Enable the organization to obtain and retain the skilled, committed and well-motivated workforce. Create a climate in which productive and harmonious relationships can be maintained between management and employees, thus developing mutual trust. Ensure that people are valued and rewarded for what the do and achieve. Ensure that equal opportunities are available to all. Maintain and improve the physical and mental wellbeing of employees
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 its strategies.
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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 and Performance. People, are the common factor while process involves the organizational process and performance is linked with the return on investment.
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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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HR DEPARTMENT
VP Human Resource HR DIRECTOR- INDIA
Staffing Head
Training Manager
Admin Manager
Staffing Manager
FUNCTIONS OF HR MANAGER
A line function The HR manager directs the activities of the people in his or her own department and in related service areas (like the plant cafeteria). A coordinative function HR managers also coordinate personnel activities, a duty often referred to as functional control. Staff (assist and advise) functions Assisting and advising line managers is the heart of the HR managers job.
CHALLENGES IN HRM
Managing Knowledge workers Global Village-Businesses currently operate around the world. Competitive environment Corporate re- organizations Changed employee expectations Renewed focus on people Workforce Diversity Shortage of skilled workforce Contingent workers ( Part-time, temporary, contract workers) and Protect the interests of weaker sections
Thank You
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