itft human resource management introduction
DESCRIPTION
Introduction, Function Nature, Scope & Importance of Human Resource Management, Role of HR Manager, HRM & Globalization.TRANSCRIPT
Human Resource Management
ITFT College, Chandigarh 14/26/2014
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Management: The Art of Getting Things Done
Men & WomenMaterial
PLANNING DIRECTING
GOODS AND
Inputs The Management Functions Objectives(The Six M’s)
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MaterialMethod
MachinesMoney
Markets
GOODS AND SERVICES
DESIRED BY CUSTOMERS
CONTROLLINGORGANIZING
STAFFING
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Human Resource Management
• The policies and practices involved in carrying out the people or humanresource aspects of a management position including recruiting,screening, training, rewarding and appraising.
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Elements of human capital
Intellectual capital Social capital Emotional capital
• Specialization knowledge
• Network of relationship
• Self confidence
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knowledge relationship
• Skills and expertise
• Sociability • Ambition and courage
• Cognitive complexity
• Trust-worthy • Risk taking Ability
• Learning capacity • Resilience
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Functions of Human Resource Management
Operative AdvisoryManagerial
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1. Planning2. Organizing3. Directing4. Controlling
1. Employment2. Training and
Development3. Remuneration4. Working Condition5. Motivation6. Personal Records7. Separation
1. Advice to top management
2. Advice to departmental heads
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Nature of HRM
• It is pervasive in nature as it is present in allenterprises.
• Its focus is on results rather than on rules.• It tries to help employees develop their• It tries to help employees develop their
potential fully.• It encourages employees to give their best to
the organization.
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• It is all about people at work, both as individualsand groups
• It tries to put people on assigned jobs in order toproduce good results.
• It helps an organization meet its goals in thefuture by providing for competent and well-future by providing for competent and well-motivated employees.
• It tries to build and maintain cordial relationsbetween people working at various levels in theorganization.
• It is a multidisciplinary activity, utilizingknowledge and inputs drawn from psychology,economics, etc.
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Scope of HRM
• Human resources planning• Job analysis design• Recruitment and selection• Orientation and induction
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• Orientation and induction
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• Training and development• Performance appraisal• Compensation planning and
remuneration• Motivation, welfare, health
and safetyand safety• Industrial relations
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Role of HR Manager
Welfare role Advisory rolePolicy formulation
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Linking pin roleLeadership role
Representative roleMediator role Decision making
role
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Importance of HRM
• Recruitment and Training• Performance Appraisal• Performance Appraisal• Maintaining Work Atmosphere• Maintaining Disputes• Developing Public Relations
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HRM and Globalization• Globalization is a process that is drawing people
together from all nations of the world into asingle community linked by the vast network ofcommunication technologies.
• Global HRM refers to Human ResourceManagement practices that deal with managinga diversity of workforce from all around theworld.
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Challenges
• Managing pressures for more labor rights in third world countries.
• Managing Outsourcing of employees.• More part-time and temporary work• More part-time and temporary work• Managing productivity and Quality• Downsizing the workforce• Coping with flexible working hours
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Managing diversity of workforce.
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Managing Outsourcing of employees.
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More part-time and temporary work
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Managing productivity and Quality
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Downsizing the Workforce
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Coping with flexible working hours
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Effect of Globalization on HRM
democratization and pressures for more labor rights competition for investment
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Introduction of flexibility in the employment relationship to increase the capacity of enterprises to adapt
rapidly to market changes.
More emphasis on productivity and quality
Pushing for a more deregulated and flexible labor market
Competitiveness increasingly based knowledge/innovation, skills and
productivity
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HR practices
Staffing Practice
Training Practice
Compensation and practices
in India Practice
Performance
Appraisal
ion and Benefits
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QuestionsQ1 What is Human Resource Management?
What is the scope and importance of HRM?Q2 What is the nature of human resource
management and what is the role of ahuman resource manager?human resource manager?
Q3 What are the new trends of HRM due toglobalization?
Q4 What are the various HR practices in India?Explain.
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