Professional Documents
Culture Documents
Resource Management
MBA (G)/MBA (B&F)
MBA 201
Yogesh Kumar
Faculty (HR)
Amity University Gurgaon
Why Study HR Management?
• Action oriented
• Future oriented
• People oriented
• Comprehensive function
• Individual oriented
• Inter disciplinary functions
• Continuous function
• Staff function
• Development oriented
Scope of HRM
A. Personnel aspect
B. Welfare aspect
C. Industrial Relation Aspect
A. Personnel Aspect includes
• HR Planning
• Recruitment
• Selection
• Placement
• Transfer
• Promotion
• Training and Development
• Remuneration
• Incentives
B. Welfare Aspect includes
• Working Conditions
• Amenities such as Canteens, Creches, Rest rooms, Lunch
rooms.
• Housing
• Transport
• Medical Assistance
• Education
• Health and Safety
• Recreation facilities
C. Industrial Relation Aspect includes
Managerial Operative
Function Functions
Human Resource
Development
Organisational
Selection Appraisal Effectiveness
Rewards
The Harvard Model
Stakeholder Interest
Shareholders
Management
Government Human Human
Community Unions Resource Resource
Management outcomes
Commitment
Competence
Congruence
Situational Factors
Workforce Character Long-Term
Business Strategy & Consequences
Conditions Individual well-
Unions being
Labour Market Organisational
Laws & Societal values Societal well-
being
The Guest Model
Financial
Outcomes
Profits
ROI
The Warwick Model of HRM
Socio-Economic Outer Context
Technical
Political-Legal
Competitive