Chapter 1 - S1 - Human Resource Management Functions Flashcards
Is a strategic approach to managing an organization’s human resources with a focus on attracting, developing, retaining, and maximizing the potential of talented individuals to achieve the organization’s goals and objectives.
Talent Management
Key elements of talent management typically include:
- Talent Acquisition
- Talent Development
- Performance Management
- Succession Planning
- Career Pathing
- Retention
- Workforce Analytics
4 main activities of Human Resource Management
- Acquisition
- Development
- Motivation
- Maintenance of Human Resources
Involves the processes of attracting, sourcing, selecting, and hiring qualified individuals for various job roles within the organization.
Acquisition
Focuses on enhancing the skills, knowledge, and abilities of employees to improve their performance and contribute effectively to the organization.
Development
Involves creating a positive work environment, recognizing employee contributions, and implementing strategies to increase employee engagement and job satisfaction.
Motivation
Activities that aim to retain and sustain the workforce over the long term.
Maintenance of Human Resources
Includes: recruitment strategies, candidate evaluation, and making informed hiring decisions to bring in the right talent.
Acquisition
Includes: training programs, career development initiatives, mentoring, and continuous learning opportunities.
Development
Includes: managing employee relations, ensuring fair compensation and benefits, addressing workplace concerns, and creating a safe and inclusive workplace culture.
Maintenance of Human Resources
2 functions of Human Resource Management
Basic functions and Operative functions
General management: planning, organizing, directing, coordinating, and controlling
Basic functions
Daily activities of business: procurement, placement and utilization of employees, motivating, and compensating employees
Operative functions
One of the basic functions of HRM. Developing strategies and action plans to align HR activities with organizational goals, anticipating workforce needs, and creating a roadmap for effective HR management.
Planning
One of the operative functions of HRM. Involves attracting, sourcing, and recruiting suitable candidates to fill vacant positions within the organization. Includes: activities such as job analysis, job posting, candidate screening, interviewing, and selecting the best-fit individuals for the roles.
Procurement of Employees
One of the basic functions of HRM. Structuring and arranging resources, roles, and responsibilities within the organization to ensure smooth operations, clear communication, and efficient workflow.
Organizing
One of the operative functions of HRM. Focuses on placing selected employees in appropriate job roles that align with their skills, qualifications, and competencies. Aims to optimize the allocation of human resources to maximize their contributions and overall organizational efficiency.
Placement and Utilization of Employees
One of the basic functions of HRM. Guiding and leading HR teams to execute tasks, projects, and initiatives effectively, while fostering a positive work environment that encourages collaboration and innovation.
Directing
One of the operative functions of HRM. Encompasses activities that enhance the skills, knowledge, and abilities of employees.
Training and Development
It involves structured programs that impart specific skills.
Training
It focuses on a broader growth plan for employees to excel in their current and future roles.
Development
One of the basic functions of HRM. Responsible for monitoring and evaluating HR processes and outcomes, comparing actual results to predefined standards, and taking corrective actions to ensure compliance, efficiency, and continuous improvement.
Controlling
One of the operative functions of HRM. It involves creating an environment that encourages employees to perform at their best. Includes: recognition, rewards, career growth opportunities, and addressing employees’ needs to boost their job satisfaction and commitment.
Motivating Employees
One of the operative functions of HRM. It encompasses designing and managing compensation packages for employees. Includes: determining salaries, bonuses, benefits, and incentives that align with both industry standards and the organization’s financial capabilities.
Compensating
One of the operative functions of HRM. It focuses on fostering positive relationships between employees, management, and labor unions (if applicable). Includes: handling grievances, disputes, negotiations, and creating an environment of open communication and cooperation.
Maintaining Good Industrial Relations
One of the operative functions of HRM. It involves maintaining accurate and up-to-date records related to employees’ personal and professional information. Includes: documentation of employment contracts, performance evaluations, training records, and other relevant data for legal compliance and decision-making purposes.
Record Keeping
One of the features of HRM. HRM is an integral component of overall management, involving the management of people to achieve organizational goals and objectives.
Inherent Part of Management
One of the features of HRM. HRM is present throughout the organization and impacts all levels, departments, and functions, reflecting its broad influence.
Pervasive Function
One of the features of HRM. Human resource management principles are essential in every functional area of an organization, ensuring that people are effectively managed regardless of their roles.
Basic to all Functional Areas
One of the features of HRM. HRM places a strong emphasis on employees as valuable assets, recognizing their contributions and focusing on their development and well-being.
People Centered
The one whose working on machines and engaged in loading, unloading, etc.
Blue-collar workers
They are the clerical Employees, Managerial and Non-managerial personnel, professionals
White-collar workers
One of the features of HRM. HRM encompasses various activities, including recruitment, training, compensation, performance management, and employee relations.
Personnel Activities or Functions
One of the features of HRM. HRM is grounded in the understanding of human behavior, interactions, and psychology to effectively manage and motivate employees.
Based on Human Relations
One of the features of HRM. HRM is an ongoing and evolving process, involving various stages such as planning, recruitment, selection, development, and retention that require consistent attention and adaptation.
Continuous Process
