History of HRM Meaning of HRM Functions Significance Challenges of HRM Components of HR HRD Objectives HRD HRD Vs HRM
History of HRM Meaning of HRM Functions Significance Challenges of HRM Components of HR HRD Objectives HRD HRD Vs HRM
History of HRM Meaning of HRM Functions Significance Challenges of HRM Components of HR HRD Objectives HRD HRD Vs HRM
HISTORY OF HRM
The development and growth of HRM is very slow in the initial stages but later it has made a steady progress throughout the world. The development of HR is owed basically to the development of various disciplines and to the changes in the industrial sector
ORGANIZATION OF HR DEPARTMENT
The internal structure of a HR/personal department depends on various factors such as nature and size of the organization, managerial preference to structure operations clearly, external forces etc. Small firms have only a single section, headed by a personnel officer taking care of everything. Medium sized firms may create a separate personnel/HR department having experts in the personnel field supported by administrative staff. In large firms the structure of a personnel/HR department may take various shapes, depending on organizational resources, competitive pressures and total employee strength.
HRM in its simplest means acquisition, allocation, maintenance and motivation of Human Resources.
SIGNIFICANCE OF HRM
With good HR policies and practices an organization can hire, develop and utilize Attract and retain talent best brains in the marketplace, realize its professed goals and deliver results better than others Attract and retain talent
Good HR Practices help Promote team spirit Increase Productivity Improve job satisfaction Train people for challenging roles Develop skills and competencies Promote team spirit Develop loyalty and commitment
CHALLENGES OF HRM
Vision penetration Internal environment Change in industrial relations Building organizational capabilities Job design and organizational structure Increasing size of workforce Changing psycho-social system Satisfaction of higher level needs Equalitarian social system Technological advances Computerized information system Changes in legal environment Management of human relations
COMPONENTS OF HRM
ACQUISITION HR Planning Recruiting Employee socialization MAINTENANCE Safety &Health Employee Relations
DEVELOPMENT
External Influences
MOTIVATION Job Design Performance Evaluation Rewards Discipline
Employee Training
Management Development Career Development
HRD is a positive concept in HRM. It aims at the overall development of human resources in order to contribute to the well being of the employees, organization and the society at large.
Features of HRD
HRD is a system HRD is a planned process
Benefits of HRD
It improves the capabilities of people Improves team work
Philosophy
Responsibility
Reactive
HR dept. exclusively responsible
Proactive
All managers are responsible
Motivators
Outcomes
AIMS
Improvement of efficiency
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