2. HUMAN RESOURCE MEANING:
Human resource means the collection of people & their
characteristics at work. These are distinct at unique to an
organization
WHAT IS HRM:
HRM is the planning, organizing, directing & controlling of the
procurement, development, compensation, integration
maintenance separation of human resource to the end that
individual, organizational & social objectives are accomplished
3. WORTH OF TALENT:
“HAVING GOOD TALLENT PEOPLE IN THE
ORGANIZATION WAS IMPORTANT YESTERDAY BUT
TOIDAY IT IS CRITICAL”
Definition:
A whole consisting of inter-related, inter-dependent &
interacting psychological ,sociological & ethical
components.
4. CHARACTERISTICS OF HRM:
1. People Oriented:
2. Comprehensive Function:
3. Individual Oriented:
4. Continuous Function:
5. A Staff Function:
6. Pervasive Function:
7. Challenging Function:
8. Development Oriented:
9. Nervous system:
10. Young discipline:
11. Science as well as art:
12. Future oriented:
5. OBJECTIVES OF LEADERSHIP:
• To act as A lisions between the top management & employees.
• To arrange & maintain adequate manpower.
• To devise employee benefit schemes.
• To ensure & enhance the quality of work life.
• To offer tanning.
• To keep up ethical values & behavior amongst employees both within &
outside the organization.
• To maintain high moral & good human relation with in the organization.
6. SCOPE OF HRM:
• Personel or labour aspects.
• Welfare aspect.
• Industrial relation aspect.
Functions of HRM:
Managerial function. Operational function.
Planning procurement
Organizing development
Staffing compensation
Directing motivation
Controlling integration
industrial relation
7.
8. DIFFERENCE BETWEEN HRM & PM:
• HRM is proactive in nature while PM is reactive
• Personnel management is independent from an organization. On the contrary, Human
Resources Management forms an integral part of a company or an organization.
• Personnel management deals with employees, their payroll and employment laws. On the
other hand, Human Resources Management deals with the management of the work force,
and contributes to an organization’s success.
• HRM is a resource centered activity whereas PM is employee centered activity.
• HRM views better performance as a cause of job satisfaction whereas PM consider job satisfaction as a
source of better performance