2. “When managers take up human
resource (HR) activities as part of
their jobs, they look out for ways
to facilitate the contribution
people make towards achieving
an organization’s strategies and
plans.”
3. Importance of HR efforts can be
understood by the fact that
people are the common element
in every organization; they
create the strategies and
innovations for which
organizations are known for.
4. “Assets make things possible,
people make things happen.”
Slogan at a Union Carbide Plant.
5. HR efforts are used to further
the firm’s competitive advantage
as they support the company’s
strategies, in ways that are
ethically and socially
responsible.
6. HR activities contribute to the
bottom-line success of
organizations but on the way
they are faced with various
challenges.
8. The more effective and efficient
our organizations are, the more
easily our society can meet these
challenges and opportunities.
9. goods or services that society
EFFECTIVE : Producing the right
deems appropriate.
amount of resources needed to
EFFICIENT : Using the minimum
produce its goods and services.
10. When organizations can serve
more customers using fewer
resources, they result in
improvement in industrial
productivity.
11. organization’s outputs to its inputs.
PRODUCTIVITY : Ratio of an
Organizations enjoy increased
find ways to use fewer resources
productivity when they are able to
to produce its output.
12. HR actions contribute to
improved productivity directly
by finding better and more
efficient ways to meet objectives
and indirectly by improving the
quality of work life for
employees.
13. The Purpose of Human Resource
Management
is to improve the productive
contributions of people to the
organization in ways that are
strategically, ethically, and
socially responsible.
14. The Objectives of Human
Resource Management
Four objectives are common to
HR management which guide HR
functions in practice.
15. Organizational Objective:
HR management is not an end in
itself; it is only a means of
assisting managers with their
human resource issues.
The HR department exists to
help managers achieve the
objectives of the organization.
17. Societal Objective:
To be ethically and socially
responsive to the needs and
challenges of society while
minimizing the negative impact
of such demands on the
organization.
18. Personal Objective:
Assisting employees achieving
their personal goals that may
enhance contribution to the
organization. It helps in
maintaining, retaining, and
motivating employees.
19. Every HR decision may not
contribute to these objectives
but they serve as a check on
decisions. They help in analyzing
the reasons behind various
activities of the department.