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Human Resource Management

An Introduction

HR- Human resources is a term used to describe the individuals who make up the workforce of an organization

H.C- Human Capital- The total value of human resources to the organization in the form of knowledge, education, skills, and expertise of employees working therein

H.R.D- Human Resource Development- A conscious proactive arrangement by employers that seeks to capacitate employees to give their maximum to the organization and to fully use their potential to develop themselves

H.R.M- Human Resource Management- It is a process of procuring, developing, maintaining and controlling human resources , who are one element of the resources available to the organizations, sitting alongside financial and other assets that facilitate the attainment of business goals

H.R.P- Human Resource Planning- The process by which an organization ensures that it has the right number and kinds of people, at the right places, at the right time, capable of effectively and efficiently completing those tasks that will help the organization in achieving its overall objectives. It is also referred to as Manpower Planning

H.R.I.S- Human Resource Information System- A computerized system of collecting, storing, classifying, processing, maintaining, retrieving and validating data concerning an organizations personnel

Difference between
y

H.R

H.R.D

H.R.M

HRM Evolution
Concern for improved efficiency through careful design set the trend early this century y Middle of the century emphasis shifted to the employees productivity y Recent decades focused more on quality of working life, total quality management, workers participation, employee engagement & talent acquisition y 3 PhasesWelfare->Development->Empowerment
y

Competencies of A Leader
               

Initiative personal effectiveness human relations handling skills leadership skills professional knowledge adding value through people development continuing learning strategic thinking capability Influencing negotiating skills interpersonal skills business / culture awareness service delivery communication [ oral/ written ] presentation

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