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MBA II SEM SHORT NOTES G.

Ravi- 96422 12727

203 – Human Resource Management 2. Explain Global Human Resource


Management?
Unit- 1
Ans:Global or international human resource
1. What is Human resource Management? management is the process of employing,
Explain objectives and functions? developing and rewarding people in
international or globalorganizations.
Ans: HR is primarily concerned with how
people are managed within organizations, ISSUES IN GLOBAL HRM:
focusing on policies and systems.
The issues in global HRM include:
Importance and Objectives of HRM: •The variety of international organizational
1. Effective Utilization of Resources models that exist
2. Organizational Structure •The extent to which HRM policy and practice
3. Development of Human Resources should vary in differentcountries. (This is also
4. Respect for Human Beings known as the issue of Convergence
5. Goal Harmony andDivergence).
6. Employee Satisfaction •The problem of managing people in different
7. Employee Discipline and Moral cultures andenvironments
8. Organizational Productivity •The approaches used to select, deploy,
Functions of HRM: develop and reward expatriateswho could be
nationals of the parent company or ‘third-
The major functional areas in human resource
countrynationals’ (TCNs) – nationals of
management are:
countries other than the parentcompany who
 Planning, work abroad in subsidiaries of that
 Staffing, organization.
 Employee development, and
 Employee maintenance.

The role of HUMAN RESOURCE


MANAGEMENT is to plan, develop, and
administer policies and programmes designed
to make expeditious use of an organisation’s
human resources.

Contact for MBA Admissions- Wings Business School, Tirupati.


MBA II SEM SHORT NOTES G. Ravi- 96422 12727

Unit- 2: 4. Explain Human Resources Information


3. Explain Strategic Human Resource system (HRIS)?
Planning?
Ans:Human resources planning is a process Ans:Human Resources Information System
that identifies current and future human (HRIS), refers to the systems and processes at
resources needs for an organization to achieve the intersection between human resource
its goals. Human resources planning should management (HRM) and information
serve as a link between human resources technology.
management and the overall strategic plan of
Human resource management systems
an organization.
encompass:
Objectives of Human Resource Planning:
 Payroll
 To recruit and maintain the HR of  Time and attendance
requisite quantity and quality.  Performance appraisal
 To predict the employee turnover and  Benefits administration
make the arrangements for minimizing
 HR management information system
turnover and filing up of consequent  Recruiting/Learning management
vacancies.  Performance record
 To anticipate the impact of technology  Employee self-service
on work, existing employees and  Scheduling
future human resource requirements.  Absence management
 To progress the knowledge, skill,
standards, ability and discipline etc.
 To appraise the surplus or shortage of
human resources and take actions
accordingly.
 To minimize imbalances caused due to
non-availability of human resources of
right kind, right number in right time
and right place.
 To make the best use of its human
resources; and
 To estimate the cost of human
resources.

Contact for MBA Admissions- Wings Business School, Tirupati.


MBA II SEM SHORT NOTES G. Ravi- 96422 12727

Unit- 3: 6. What is performance appraisal? Explain


objectives and methods of performance
5. What is Recruitment? Explain sources appraisal?
and methods of recruitment? Ans: A performance appraisal is a systematic
Ans: Recruitment refers to the overall process and periodic process that assesses an
of attracting, selecting and appointing suitable individual employee’s job performance and
candidates to one or more jobs within an productivity in relation to certain pre-
established criteria and organizational
organization, either permanent or temporary.
objectives.
The recruitment process has several goals: Objectives Performance appraisal:

 Find the best talents for the vacancies.  To review the performance of the
 Manage the recruitment sources. employees over a given period of time
 Manage the vacancies in the  To judge the gap between the actual
organization. and the desired performance.
 Run the internal recruitment process  To help the management in exercising
 Building the strong HR Marketing organizational control.
platform.  Helps to strengthen the relationship
 Provide feedback about the trends in and communication between superior
the job market. – subordinates and management –
employees.
Sources& Methods of Recruitment  To diagnose the strengths and
weaknesses of the individuals so as to
identify the training and development
needs of the future.
 To provide feedback to the employees
regarding their past performance.
 Provide information to assist in the
other personal decisions in the
organization.
 To reduce the grievances of the
employees.

Contact for MBA Admissions- Wings Business School, Tirupati.


MBA II SEM SHORT NOTES G. Ravi- 96422 12727

Unit- 4:
7. Explain Training and Development? 8. Define career planning & development?
Ans: Training and development is a function Ans: Career Management is the combination
of human resource management concerned of structured planning and the active
with organizational activity aimed at bettering management choice of one's own professional
the performance of individuals and groups in career.
organizational settings. Career planning is a continuous
Training and development encompasses process of discovery in which an individual
three main activities: slow develops his own occupational concept
as a result of skills or abilities, needs,
 Training,
motivations and aspirations of his own value
 Education, and
system.
 Development.
Objectives:

 Align employees' personal career


development goals with your
company's goals & objectives.
 Empower Employees to take control
of their career development by
viewing current competencies and
career opportunities within the
organization.
 Enable Managers to easily align with
their teams by determine an actionable
Methods of Training
development plan to reach career
aspirations.
 Motivate and engage your workforce
by having a clear picture of all
development activities and
opportunities organization-wide.
 Improve communications by
promoting an open dialogue between
managers and employees and
encouraging a continuous performance
review process.

Contact for MBA Admissions- Wings Business School, Tirupati.


MBA II SEM SHORT NOTES G. Ravi- 96422 12727

Unit- 5: 10. Explain Human resource accounting &


9. What is reward management? Explain Audit?
components of Reward management? Ans:Human resource accounting is the process
Ans:Reward management is concerned with of identifying and reporting the investments
the formulation and implementation of made in the Human Resources of an
strategies and policies that aim to reward Organization that are presently not accounted
people fairly, equitably and consistently in for in the conventional accounting practices.
accordance with their value to the Human Resource Accounting provides
organization.
useful information to the management, financial
Objectives of Reward Management
analysts and employees as stated below:
 Support the organization’s strategy
 Recruit & retain 1. Human Resource Accounting helps the
 Motivate employees management in Employment and
 Internal & external equity utilization of Human Resources.
 Strengthen psychological contract
2. It helps in deciding transfers, promotion,
 Financially sustainable
 Comply with legislation training and retrenchment of human
 Efficiently administered resources.
3. It provides a basis for the planning of
Types of Reward:
physical assets vis-a-vis human
 Bonuses resources.
 Salary Raise 4. It helps in evaluating the expenditure
 Gifts
incurred for imparting further
 Promotion
education and training of employees
 Trust/empowerment
 Tangible assets in terms of the benefits derived by
 Recognition the firm.

HR Audit: HR audit is a way to diagnose


problems in a company’s HR department.

General Quotes

Contact for MBA Admissions- Wings Business School, Tirupati.


MBA II SEM SHORT NOTES G. Ravi- 96422 12727

Contact for MBA Admissions- Wings Business School, Tirupati.

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