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HRM

HRM

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Published by amit8615

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Published by: amit8615 on Jun 25, 2010
Copyright:Attribution Non-commercial

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11/18/2010

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Human Resource ManagementHuman Resource Management
Process of bringing People and organization together so thatProcess of bringing People and organization together so thatthe goals of each are met.the goals of each are met.
Tries to Secure Best People by winning their wholeheartedTries to Secure Best People by winning their wholeheartedcooperationcooperation
 
D
efinition
D
efinition
HRMHRM
may be defined as art of Procuring,may be defined as art of Procuring,Developing and maintaining Competitive workforceDeveloping and maintaining Competitive workforceto achieve the goals of an organization in an effectiveto achieve the goals of an organization in an effectiveand efficient manner.and efficient manner.
Milkovich and Boudreau has defined asMilkovich and Boudreau has defined as
³
it is a series of integrated decisions that form the
³
it is a series of integrated decisions that form theemployment relationship; their quality contributes toemployment relationship; their quality contributes tothe ability of organizations and the employees tothe ability of organizations and the employees toachieve the objectives´achieve the objectives´
 
HRM
is defined in terms of its proactive approach to
HRM
is defined in terms of its proactive approach tomanaging people in organization.managing people in organization.
E
lements:
E
lements:
HR 
Polices should be integrated with strategic
HR 
Polices should be integrated with strategic business Planning business Planning
HR 
are valuable and a source of competitive
HR 
are valuable and a source of competitiveAdvantage.Advantage.
HR 
can be tapped more effectively by mutually
HR 
can be tapped more effectively by mutuallyConsistent polices which promote commitment andConsistent polices which promote commitment andfoster willing ness in employees to act in int. of foster willing ness in employees to act in int. of organizationorganization

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