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Resource Management
BITS Pilani Lecture-1 Date :22/7/16 Total Slides : 43 Swati Alok
Hyderabad Campus
Discuss………….
“Every manager
is
an
HR manager…”
Text Book: Human Resource Management: Text and Cases, Tata McGraw Hill, 7th Edition,
by K Aswathappa
Learning Objectives
Introduction
Meaning & Definition of HRM
Scope of HRM
Differences between PM , HRM, IR, HRD
HRM-Functions & Objectives
Evolution of HRM in India
Why Study HRM?
Harvard HRM Model
External and internal environment impacting HR functions
Stakeholders Interests
Shareholders
Management
Employee Groups
Government
Community
Unions
HRM Long – Term
HR outcomes
Employee Influence Consequences
Commitment
HR flow Individual well being
Competence
Reward systems Organizational well
Situational Factors Congruence
Work systems being
Workforce characteristics Cost- Effectiveness
Societal well being
Business strategy and conditions
Management Philosophy
Labor market
Unions
Task technology
Laws and Societal Values
Societal objectives
To be ethically & socially responsible to the needs of the
society while minimizing the negative impact of such
demands upon the organization.
Organizational objectives
To recognize the role of HRM in bringing about
organizational effectiveness
Personal objectives
To assist employees in achieving their personal goals in
a manner that their personal goals enhance the
individual’s contribution to the organization
22
BITS Pilani, Hyderabad Campus
Model of HRM
TheStakeholders
Harvard Interests
Model
Shareholders
Management
Employee Groups
Government
Community
Unions
HRM Long – Term
HR outcomes
Employee Influence Consequences
Commitment
HR flow Individual well being
Competence
Reward systems Organizational well
Situational Factors Congruence
Work systems being
Workforce characteristics Cost- Effectiveness
Societal well being
Business strategy and conditions
Management Philosophy
Labor market
Unions
Task technology
Laws and Societal Values
TheStakeholders
Harvard Interests
Model
Shareholders
Management
Employee Groups
Government
Community
Unions
HRM Long – Term
HR outcomes
Employee Influence Consequences
Commitment
HR flow Individual well being
Competence
Reward systems Organizational well
Situational Factors Congruence
Work systems being
Workforce characteristics Cost- Effectiveness
Societal well being
Business strategy and conditions
Management Philosophy
Labor market
Unions
Task technology
Laws and Societal Values
General Specific
Unions
A firm’s personal activities will be influenced by it’s own
union’s as well as the union’s of other plants.
A trade union may be understood as association of workers
or management formed to protect their own individual
interest.
All HR activities like recruitment, selection, training,
compensation are carried out in consultation with union
leaders. Eg : The Bokaro steel plant has 68 trade unions.
Calcutta Corporation has about 100 trade unions.
TheStakeholders
Harvard Interests
Model
Shareholders
Management
Employee Groups
Government
Community
Unions
Long – Term
HRM HR outcomes
Consequences
Employee Influence Commitment
Individual well being
HR flow Competence
Organizational well
Situational Factors Reward systems Congruence
being
Workforce characteristics Work systems Cost- Effectiveness
Societal well being
Business strategy and conditions
Management Philosophy
Labor market
Unions
Task technology
Laws and Societal Values
Quiz-II 5%
Quiz-III/ Assignment-II 5%