Professional Documents
Culture Documents
MANAGEMENT
HRM is all about creating
Competent
Comfortable
Organizational
Personal/individual
Social goals
EVOLUTION OF HUMAN RESOURCE
MANAGEMENT
The Commodity Concept
The FOP Concept
Coordinated
Individually oriented
People oriented
Development oriented
Integrating mechanism
Comprehensive function
Auxiliary service
Inter-disciplinary function
Continuous function
SIGNIFICANCE OF HRM
Significance for an enterprise
Attracting and retaining
Developing
Securing willful cooperation
Utilizing
Ensuring the competent and dedicated team
Professional significance
Personal development
Healthy relationships
Allocation of work
SIGNIFICANCE OF HRM
Social significance
Suitable employment
Balance between jobs available and jobseekers
Eliminate waste human resource
Staffing
Indoctrination
T&D
PMS
Career Planning
Compensation
Benefits
Labor Relations
Record Keeping
FUNCTIONS
Grievance procedures
Disciplinary procedures
Conflict resolutions
Quality circles
Participative Management
Absenteeism
WHY HRM
Globalization
Profitability through growth
Technology
Intellectual Capital
International business
NATURE
Accurate information------BATA entered Europe on the
basis of accurate information
Timely information-------COCA COLA entered
European Market first and Pepsi later, timely entrance of
Indian software companies into US
WHY INTERNATIONAL
Higher rate of profits
Expanding production capacities
Severe competition
Market share
Kept on bench
SOURCES OF GLOBAL RECRUITMENT
Parent country nationals
Advantages
Disadvantages
Disadvantages
Marriage
Enduring
Cumulative
Dynamic:
Not punctual
CULTURE AND TIME
Friday is Sunday for middle east
Time is money for Americans both for work and leisure
Superstitions:
Americans –wood touch, cross fingers, black cat
Asians countries—vastu
Color:
Red: lust-Spain, lucky-China, anger-USA
Yellow-unfriendly-France