Presentation 1

Pre Ph.D Guide Course (Course 3)

Course Title : New Dimension in HRM

Topic
Human Resourse Management And Its Imperative

Under The Guidance Of Dr.Akanksha Srivastava

Presented By Arshi Fatima

Research Scholar
School Of Management
BABU Banaras Das University,lucknow
 Human Resourse Management
Edwin Flippo
Human Resource Management as “planning, organizing, directing, controlling of
procurement, development, compensation, integration , maintenance and separation of
human resources to the end that individual, organizational and social objectives are
achieved.”
The National Institute of Personal Management
(NIPM) of India has defined human resources – personal management as “that part of
management which is concerned with people at work and with their relationship within
an enterprise. Its aim is to bring together and develop into an effective organization of the
men and women who make up enterprise and having regard for the well – being of the
individuals and of working groups, to enable them to make their best contribution to its
success”.
Source; https://www.whatishumanresource.com/human-resource-
management
 Nature of Human Resource Management
Human resource management (HRM) is an inevitable part of every
organisation. It is crucial to have an in-depth knowledge of HRM to
realise organisational goals and simultaneously creating a happy and
contented workforce. To get a better understanding of the nature of
human resource management, we must go through the following
points:

Sourse; https://theinvestorsbook.com/wp-content/uploads/2018/09/Nature-of-
Human-Resource-Management-HRM.jpg
Objectives of Human Resource Management (HRM)
The primary aim of human resource management (HRM) is to meet the
human capital requirement of an organisation. Further, we will discuss
four other vital objectives of HRM:

Sourse; https://theinvestorsbook.com/wp-
content/uploads/2018/09/Objectives-of-Human-Resource-
Management-HRM.jpg
 Sourse; https://www.researchgate.net/profile/Jeehan-
Awad/publication/340931714/figure/fig3/AS:884524233785345@1
587898419453/Human-Resources-Management-Process.jpg
Models of HRM
1.The Matching Model: Fombrum et al (1984)
2.Contextual Model
3.The 5 P Model: Schuler (1992)
Philosophy,policies,programs,practices,processes)
4.The Hard And Soft Model:storey(1989)

.
Challenges 0f HRM
1. Growing Employee Expectations
2.The emergence of New Technology
3 .Internal Politics
4.Changes in Law and Regulations
5.Internal Politics and Internal Politics
Sourse; eduncle.com NTA UGC-NET book
 Functions of Human Resource Management
(HRM)
Human resource management (HRM) is a systematic approach to fill in the gap
between the organisation and its employees. To simplify the task of managing the
human capital of the organisation, various functions of HRM have been developed.
These functions are categorised broadly as:

Sourse; https://theinvestorsbook.com/wp-
content/uploads/2018/09/Functions-of-Human-Resource-
Management-HRM.jpg
Importance of Human Resource Management (HRM)
Over the years, human resource management (HRM) has gained
importance in the business sector, as well as non-profit organisations.
Human capital is equally important as the financial capital is to an
organisation, since ‘people perform a task’.

Sourse; https://theinvestorsbook.com/wp-content/uploads/2018/09/Importance-of-Human-Resource-Management.jpg
 5 Reasons HR Management Is Imperative For
Every Organization
The manpower is the biggest asset of any organization and its
efficacious management acts as the cornerstone behind the
success of the business. A Human Resource Manager has a key role
to play in almost every sector of an organization. It is the work of
an HR Manager to hire the right candidates, train them, address
their problems and encourage them persistently to work hard for
the success of the company. Effective HR management boosts
employee retention rate thereby reducing the employee attrition
rate. All these factors contribute to the growth of the organization
in the long run.
There are various other reasons why 
Human Resource Management is imperative for every
organization. The top 5 reasons are listed below:
1. Formulation of right strategies
2. Managing Safety and Risk
3.  Employees Training and Development

4. Employee Satisfaction

5. Hiring Processes

Conclusion
We humans have a nature of never being content with what we have. We
always aspire for more. Also, the problems related to human resource
have different solutions each time, this created the need for human
resource management.
HRM is a complex process; therefore the human resource managers
require a lot of patience, careful approach and a diplomatic attitude to
handle the human capital of an organisation effectively.

Sources; http://blog.mitsde.com/5-reasons-hr-management-is-
imperative-for-every-organization/
 REFRENCES
1. https://www.whatishumanresource.com/human-resource-
management
2.
https://theinvestorsbook.com/wp-content/uploads/2018/09/Nature-of-
Human-Resource-Management-HRM.jpg

3.
https://theinvestorsbook.com/wp-content/uploads/2018/09/Objectives
-of-Human-Resource-Management-HRM.jpg

4.
https://www.researchgate.net/profile/Jeehan-Awad/publication/34093
1714/figure/fig3/AS:884524233785345@1587898419453/Human-Reso
6.
urces-Management-Process.jpg
https://theinvestorsbook.com/wp-content/uploads/2018/09/Functio
ns-of-Human-Resource-Management-HRM.jpg
5. eduncle.com NTA UGC-NET book
7.
https://theinvestorsbook.com/wp-content/uploads/2018/09/Importa
nce-of-Human-Resource-Management.jpg
8. ; http://blog.mitsde.com/5-reasons-hr-management-is-
imperative-for-every-organization/
Thank you
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