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SESSION 1: INTRODUCTION TO HUMAN RESOURCE MANAGEMENT Lecture by: Ms. Ambreen Sualeh
24

Session 1 hrm

Oct 31, 2014

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Page 1: Session 1  hrm

SESSION 1: INTRODUCTION TO HUMAN RESOURCE MANAGEMENT

Lecture by: Ms. Ambreen Sualeh

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Meaning and Definition

It is a managerial function that tries to match an organization’s needs to the skills and abilities of its employees.

Also, it is a management function concerned with hiring, motivating, and maintaining people in an organization. Human (Homo-sapiens – Social Animal) Resources (Human, Physical, Financial,

Technical, Informational etc) Management (Function of Planning, Organizing,

Leading & Controlling of organizational resources to accomplish goals efficiently and effectively)

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More Definitions….

It is series of integrated decisions that form the employment relationship; their quality contributes to the ability of the organizations and the employees to achieve their objective.

It is the management of planning, organizing, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual organizational and social objectives are accomplished.

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FOCUS= HUMAN/ PEOPLE IN ORGANIZATIONS

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Comment on this statement!

Organizations are not mere bricks, mortar, machineries or inventories.

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HRM as a core competency

What is a core competency?

A core competency is a unique capability that creates high value and differentiates an organization from its competition.

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Human Capital and HR

What is Human Capital?

Human capital is the collective value of the capabilities, knowledge, skills, life experiences, and motivation of an organizational workforce.

Sometimes human capital is called intellectual capital to reflect the thinking, knowledge, creativity, and decision making that people in organizations contribute. For example, firms with high intellectual capital may have technical and research employees who create new biomedical devices, formulate products that can be patented, or develop new software for specialized uses

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HRM and Organizational Productivity Flashback: What is productivity?

Productivity Measure of the quantity and quality of work done, considering the cost of the resources used.

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Approaches to increase organizational productivity

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Question to ponder upon?

Is HRM function only confined to business establishments?

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Scope of HRM

All major activities in the working life of a worker, from the time of his or her entry into an organization until her or she leaves.

HR Planning Job Analysis and Design Recruitment and Selection Orientation and Placement Training and Development Performance Appraisal Job Evaluation Employee and Executive Remuneration Motivation and communication Welfare, health and Industrial Relations

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Personnel Management VS. HRM

Personnel Management and Human Resource Management

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HRM: Functions and Objectives Societal Objectives

Personal Objectives

Functional Objectives

Organizational Objectives

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HRM Objectives Supporting Functions

1. Societal Objectives Legal Compliance

Benefits

Union-management relations

2. Organizational Objectives Human Resource Planning

Employee Relations

Selection

Training and Development

Appraisal

Placement

Assessment

3. Functional Objectives Appraisal

Placement

Assessment

4. Personal Objectives Training and Development

Appraisal

Placement

Compensation

Assessment

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Examples of HR-Related Ethical Misconduct Activities

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HR Management Roles

Administrative: Focusing on clerical administration and recordkeeping, including essential legal paperwork and policy implementation.

Operational and employee advocate: Managing most HR activities in line with the strategies and operations that have been identified by management and serving as employee “champion” for employee issues and concerns.

Strategic: Helping to define the strategy relative to human capital and its contribution to organizational results.

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In-class Activity

Draw a suitable organizational structure for a business unit with a turnover of: a). Rs. 50 Crore b. Rs. 200 crore C. Rs. 1000 crore

Note: Also, sketch the HRM department for each

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Concept of Outsourcing

Subcontracting

Benefits of organization?

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Image and Qualities of HR Manager

What sort of an image does a HR manager project?

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1. Fairness 2. Firmness 3. Tactful 4. Resourcefulness 5. Open mind 6. Sympathetic 7. Knowledge of labor 8. Competent 9. Academic Qualification

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HRM MODEL

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Best Employers

1. Procter and Gamble2. American Express3. Johnson and Johnson4. GSK5. Colgate-Palmolive6. Wipro7. Tata Steel

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WHY SHOULD WE STUDY HRM?