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Process of bringing people and organization together for mutual benefit The art of procuring, developing and maintaining competent workforce to achieve the goals of the organization in an effective and efficient manner

Why to study HRM

Competitive advantage through people Develop core competencies
McDonald Fed Ex

Objectives of HRM
To help orgn achieve its goals To employ the skills and abilities of the workforce efficiently To provide the orgn with well trained and well motivated employees To increase to the fullest the employees job satisfaction and self actualisation To develop and maintain a quality of work life To communicate HR policies to all employees To be ethically and socially responsive to the society