This document provides an introduction to human resource management including definitions, key features, objectives, importance, functions, and the difference between personnel management and human resource management. It defines HRM as a process involving acquiring, developing, motivating and maintaining human resources. The main features outlined are that HRM is inherent to management, people-centered, continuous, and based on human relations. The objectives listed are managing human resources, motivating employees, and developing human resources. The importance discussed is having the right employees, developing human resources, aiding decision-making and motivation. The functions are divided into management functions like planning and controlling, and operative functions like recruitment, development, compensation and relations. Finally, it contrasts personnel management with the
2. Cont ent :-
• Meaning of Human resource management
• Features of Human resource management
• Objective of Human resource management
• Importance of Human resource management
• Functions of Human resource management
• Difference between Personnel & Human resource management
3. Meaning of HRM
• Human resource management is a process, which consists of
mainly four activities, i.e. acquisition, development, motivation
and maintenance of human resources.
• Human resource management is that phase of management
which deals with effective procurement and utilisation of
manpower or human resource.
• Human resource management is the process of planning,
organising, directing & controlling of human resource in such a
way that the organisational goals achieves effectively & efficiently.
4. Feat ures of HRM
• It is the inherent part of management.
• It is pervasive in nature.
• It is base for all functional areas.
• It is people centered process.
• It is a continuous process.
• It is based on human relations.
• It includes personnel function.
• It is a complex or dynamic process.
• It is a challenging task.
5. Obj ect ive of HRM
• The main objective of HRM is the management of
human resource.
• To motivate the human resource.
• To make the availability of human resource at the right
time at the right place.
• To maintain the sound relationship between humans.
• For the development of human resource.
6. I mport ance of HRM
• It helps in making availability of right person at the
right time on the right place.
• It helps in development of human resource.
• It helps in decision-making.
• It helps in motivation the human resource.
• It helps in effective completion of individuals and
organisational goals.
7. Funct ions of HRM
• There are two functions of HRM :-
1. Management function
2.Operative function
9. I . Management Funct ion
• The first function of HRM is management function. It
consists of :-
1. Planning
2. Organising
3. Direction
4. Controlling
10. I I . Operat ive Funct ion
• The second function of HRM is operative function. It
consists of :-
1. Procurement of personnel
2. Development of personnel
3. Compensation to personnel
4. Maintaining good Industrial relations
12. S. no. Basis PERSONNEL MANAGEMENT
HUMAN RESOURCE
MANAGEMENT
1. Meaning
It is concerned with work force and their
relationship with the entity
The branch of management that focuses on
most effective use of manpower to achieve
the organisational goals.
2. Approach It is traditional approach It is modern approach
3. Treatment of manpower Machines & tools Assets
4. Type of function Routine function Strategic function
5. Basis of pay Job evaluation Performance evaluation
6. Management role Transactional Transformational
7. Communication Indirect Direct
13. 8. Labour management Collective Bargaining contracts Individual contracts
9. Management action Procedure Business needs
10. Decision-making Slow Fast
11. Job design Division of labour Groups/Team
12. Organising principles Top-down or centralized Bottom-up or decentralized
13. Behavioral referent Norms/customs & practices Value/mission
14. Managerial task to labour Monitoring Nurturing
15. Training & Development In controlled manner Learning is more