Overview of Human Resource Management


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Uploaded on Apr 11, 2022

Category Education

PPT on Human Resource Management.

Category Education

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Overview of Human Resource Management

Overview of Human Resource Management What Is HRM? • Human resource management (HRM) is the process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them. Source: open.lib.umn.edu The Role of HRM • Keep in mind that many functions of HRM are also tasks other department managers perform, which is what makes this information important, despite the career path taken. Source: open.lib.umn.edu MANAGERIAL FUNCTIONS Planning • The planning function of HRM ensures the best fit between employees and jobs while avoiding manpower shortages or surpluses for the organization. Source: www.hrdconnect.com Organizing • Organizing is the function of HRM that involves developing an organizational structure to ensure the accomplishment of the organizational goals. Source: www.hrdconnect.com Directing • This includes activating employees at different levels and making them contribute maximum towards organizational goal. • Tapping maximum potentialities of an employee via constant motivation and command is a prime focus for this function of HRM. Source: www.hrdconnect.com Controlling • Post planning, organizing and directing, performance of an employee is to be evaluated, verified and compared with organizational goals. • If performance is found to be deviating from the plan, control measures are to be taken. Source: www.hrdconnect.com OPERATIVE FUNCTION Recruitment and Selection • Recruitment and selection creates a pool of prospective candidates and selects the right candidates from that pool. Source: www.hrdconnect.com Job Analysis & Design • This HRM function includes describing nature of the job, including the requisite qualifications, skills, and work experience for a specific position within an organisation. Source: www.hrdconnect.com Performance management • Checking and analysing employee performance is another important function that HRM performs. Source: www.hrdconnect.com