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According to Flippo, ´Personnelmanagement is the planning, organizing,
compensation, integration andmaintainance of people for the purpose ofcontributing to organizational, individualand societal goals.µ
According to Dessler , Human resourcemanagement is the process ofacquiring,training,appraising,compensating
employees and attending to their labour relations, health,safety and fairnessconcerns.
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Taking a look at people is a rewarding experiencePeople possess skills, abilities and aptitudes thatoffer competitive advantage to any firm.No computer can substitute human brain,no machines can run without human intervention& no organization can exist if it cannot servepeoples needs. HRM is a study about the people inthe organizationitz all about managing people.
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The 'hard' approach rooted in the manpower planningapproach is concerned with aligning human resourcestrategy with business strategy.
The 'soft' approach is rooted in the human relationsschool, with concern for workers' outcomes andencourages commitment to the organisation by focussingon workers' concerns.
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People core strength of an organization
Any resource can be replaced but not HR.
Processes evolve over a period of time
IT enabled environment facilitates engineering
effortlessly.
Performance the pillars of performance are
people and IT Organizational performance in
terms of value creation and return on
investment.
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R esources defined
Means of supplying a want or a stock that can be
drawn upon.
R esources
Money, Machines, Materials and Human. To manage is to organise the use of resources
towards the objectives of an enterprise.
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All the resources can be managed through theHuman Resource and Human Resource can be
managed only through Human Resource.
Human Resource is the only resource which has aWill to Do component along with the Ability
component.
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Attracting
Inspiring and Retaining
Effective and efficient employees to develop a
highly competent and committed smoothly functioning workforce.
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Traditional Definition
Human resource management is themoulding of the human resources in such afashion that the goals of the organization aremet and at the same time the needsatisfaction of all the employees at all thelevels is attained to the highest possibledegree.
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1. Policy and Planning
2. Procurement /Acquisition / Employment (Recruitment and
Selection)
3. Development (Skill enhancement for appropriate Work
Performance)
4. Compensation (Financial and Non Financial rewards)
5. Integration (Harmony between individual and organizational
interests)
5. Maintenance (Retention of able and willing employees)
6. Separation (Parting of ways in the most amicable manner)
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Modern Definition
Human Resource (Personnel) Management is theplanning, organizing, directing and controlling of
the procurement, development, compensation,integration, maintenance, and separation of human resources to the end that individual,organizational and societal objectives are
accomplished.
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1. Facilitating the retention of skilled andcompetent employees.
2. Building the competencies by facilitating
continuous learning and development.3. Developing practices that foster team work and flexibility.
4. Making the employees feel that they arevalued and rewarded for their contribution.
5. Developing management practices thatendanger high commitment.
6. Facilitating management of work forcediversity and availability of equalopportunities to all.
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We must understand that corporations are not inthe business of human resource development.They are in their own business, but human
resource development is an important tool which,unfortunately, is being used in a limited sense.The corporate mission has not been attached toit. Actually, human resources must become thebusiness of everyone in the organization.
- T. V. R ao Equal access to all resources is forcing
organisations to rely on their people as the only source of competitive advantage today.
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Human resource strategy involves a centralphilosophy of the way the people in the
organization would be managed and thetranslation of this into human resourcepolicies and practices.
It requires human resource policies and
practices to be integrated so that they make acoherent whole and also that this whole isintegrated with the business or organizationalstrategy.
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THANK
YOU
SAKSHI
AKASH