with the management of human energy and competencies.
• It is important to manage people because
success, failure and effectiveness of people depends on human resources working in the organization. • A careful philosophy, policies, procedures and the practices related to managing people within an organization is required for the best management of these people.
• It creates harmony between the objectives of
organization and the objectives of the individual. • It requires an effective accomplishment of HRM functions which include: – Acquisition – Development – Motivation and – Maintenance Definitions • Gary Dessler: – Human resource Management refers to the policies and practices one need to carry out the people or human resources aspect of management position, including recruiting, screening, training, rewarding and appraising. • Decenzo and Robbins: – Human resource management is a process consisting of four functions- Acquisitions, development, motivation and maintenance. Conclusion • Human resource management regards people as resource rather than costs.
• HRM is a process that concerned with managing
human energies and competencies for achieving organizational and individual objectives through its four functions (Acquisitions, development, motivation and maintenance). Characteristics of HRM • Human Focus • Management function • Pervasive • Continuous commitment • Dynamic • System • Mutuality oriented Objective of HRM • Goal achievement: – Personal goals: – Functional goals – Organizational goals – Societal goals • Goal Harmony: • Structure Maintenance: • Productivity improvement: • Efficiency promotion: • Change Management: • Quality of work life: Functions of HRM – Acquisition