1 Introduction - HRM
1 Introduction - HRM
1 Introduction - HRM
Management process
The five basic functions of planning, organizing,
staffing, leading, and controlling.
Human resource management (HRM)
The policies and practices involved in carrying out the
“people” or human resource aspects of a management
position, including recruiting, screening, training,
rewarding, and appraising.
Basic aim of HR department
Getting results
The bottom line of managing
A coordinative function
HR managers also coordinate personnel activities, a duty often
referred to as functional control
Globalization
Technological Advances
Exporting Jobs
The Nature of Work
Workforce Demographics
Measuring HR’s Contribution
Strategy
The company’s long-term plan for how it will balance its
SWOT Analysis to maintain a competitive advantage.
New Proficiencies
HR proficiencies
Business proficiencies
Leadership proficiencies
Learning proficiencies
PM Vs HRM
Basis of Personnel Management Human Resource Management
Difference
•Increased production
•Increased profit
Performance appraisal
Training and development
Compensation and benefits
Industrial relations
Importance of HRM functions
As managers none of us would like to make the following mistakes.