HRM (WK1) Flashcards
Concerned with the personnel policies and managerial practices and systems that influence the workforce
Human Resource Management
The process of acquiring, training, appraising and compensating employees, and of attending to their labor relations, health and safety, and fairness concerns.
Human Resource Management
*The set of organizational activities directed at attracting, developing and maintaining an effective workforce.
Human Resource Management
Parts of Human Resource
● PEOPLE
● WORKFORCE
● TALENT
Core Elements of HRM
- ORGANIZATION
- PEOPLE
- MANAGEMENT
HRM Objectives
- Achieve an organizational mission, vision, goals and objectives using people as valuable resources.
- Utilize staff capacity.
- Ensure that employees are committed to their jobs, teams, departments and the entire organization.
- Ensure that organizational systems, processes and activities are integrated and synergized through a strong organizational culture.
- Optimal utilization of available resources.
- Enable managers to be flexible and adapt to changes required in pursuing excellence in human resource management functions.
HRM Philosophies
- HRM is and has to be owned and driven by the top management in the interests of the key stakeholders.
- Business or organizational strategies form the basis for human resource strategies.
- Consider employees as assets rather than liabilities.
- Get additional value from employees.
- Employee commitment
- Build a strong organizational culture.
1900 Employee Welfare is called
Welfare officer
1920-1930 Personnel administration is called
Personnel Administrator
1940-1960 Personnel management is called
Personnel Manager
1970-1980 Personnel/Human Resource Management is called
Personnel/HR Manager
1990 Human resource management is called
HR Manager
2000 Strategic human resource management is called
Strategic Human Resource Manager
PM or HRM: Traditional Approach
Personnel Management
PM or HRM: Focuses on personnel administration, employee welfare and labor relation
Personnel Management
PM or HRM: People as input for achieving a desired output.
Personnel Management
PM or HRM: Personnel function is undertaken for employee satisfaction
Personnel Management
PM or HRM: Job design is done on the basis of division of labor
PM or HRM: Employees are provided with less training and development opportunities.
Personnel Management
PM or HRM: Decisions are made by the top management as per rules and regulation of the organization.
Personnel Management
PM or HRM: Focuses on increased production and satisfied employees
Personnel Management
PM or HRM: Concerned with personnel manager
Personnel Management
PM or HRM: Routine function
Personnel Management