LESSON 1 Flashcards
is a human grouping in which work is done for the accomplishment of some specific goals or mission.
organization
To achieve organizational objectives, there is a need to coordinate the basic resources of the organization, Like: -
Financial
material (raw or semi-processed)
machinery (or fixed assets)
human resources.
principal component (asset) of any
organization is its
“Human Resources or People at work”.
the total knowledge, skills, creative abilities, talents and aptitudes of an organization’s workforce as well as the values, attitudes, approaches
and beliefs of individuals involved in the affairs of the organization.
HUMAN RESOURCES
is a paramount importance in the success of any organization.
HUMAN RESOURCES
Managers are expected to carry out five functions –
Planning,
Organizing
Staffing
Leading
Controlling
is management functions that helps managers’ recruit, select,
train and develop members for an organization
Human Resource management
It refers to the philosophy, policies, procedures and practices
related to the management of people within an organization.
Human Resource management
According to ??
HRM as: “… a strategic approach to managing employment
relations which emphasizes that people’s capabilities is critical to achieving sustained
competitive advantage, this being achieved through a distinctive set of integrated employment
policies, programs and practices”.
Bratton and Gold
According to ??
Human Resource Management is the planning, organizing, directing
and controlling of the procurement, development, compensation, integration, maintenance and
separation of human resource to the achievement or accomplishment of individual,
organizational and social objectives.
Edwin B Flippo
is concerned with the acquisition of proper kind and number of personnel’s necessary to accomplish organizational goals.
Recruitment
is related with the increment/enhancement of abilities, knowledge and
skills of human resources through training and development.
Development
refers to the pay and benefits that employees receive from the company. It is in the form of salary, wages, incentives and fringe benefits.
Compensation
is an attempt to effect reasonable reconciliation of individual, societal and organizational interests.
Integration
- maintaining the physical conditions of employees (health and safety measures) and employee service programs.
It also includes legal compliance and maintenance of industrial relations.
maintenance function
is the management of separating employees from organizations. It is negative recruitment.
Separation
It may take the form of retirement, resignation, dismissal, lay-off or
retrenchment.
Separation
If you commit personnel mistakes you will encounter
the following mistakes:
- To hire the wrong person for the job
- To experience high turnover
- To find out people not doing their best
- To waste time with countless and useless interviews
- To have the company sued (charged) for discriminatory actions.
- To be quoted under bad example of unsafe practices
- To have some of your employees think their salaries are unfair and inequitable relative to
others in the organization - To allow a lack of training to undermine your department’s effectiveness and
- To commit any unfair labor practices.
if managers properly apply the concepts and functions of HRM, it will be the best tools to achieve “competitive advantage through people”. These outcomes are the
following:
- Creation of a better image
- More Profits
- Higher Productivity
- More Competent People
- Better Generation of Internal Resources
- More Team-work, Synergy and 7. Respect for Each Other
- More Problem Solving
- Higher Work-commitment and job Involvement
- Growth and Diversification
- Better Developed Roles
- Better Utilization of Human Resources
objectives of human resource management are the following:
- Development of employees (Personal Objectives)
- Growth and development of the organization (Organizational objectives)
- The development of HR function and climate (Functional Objectives)
- Objectives for the welfare of the society (Societal objectives)
