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Introduction Every organization is essentially a blend of material and

Human Resource (HR). Human Resource refers to the knowledge, education, skills,

training and ability of the members of the organization. Human resources are the most valuable and unique assets of an organization.

Even though specific human resource functions/activities are the responsibility of the human resource department, the actual management of human resources is the responsibility of all the managers in an organization.

The scarcity of talented resources and the growing expectations of the modern day worker have further increased the complexity of the human resource function.

Human Resources…Are the greatest assets of an Org.All other resources get connected through

menTo make them deliver they need to be –

Properly selectedProperly trainedProperly motivated

HRM isProcess of acquiring, training, appraising and

compensating employees such that they are motivated to achieve both the organisational and individual goals

• According to Adi Godrej,

“all corporate strengths are dependent on

people.”

Human Resource Management‘The real sources of competitive leverage

are the culture and capabilities of your organization that derive from how you manage your people.’

Human Resource Management“HRM is the function performed in

organizations that facilitates the most effective use of people to achieve organizational and individual goals.”Ivancevich and Glueck

Definitions of HRM “HRM is the function facilitating the most

effective use of people to achieve both organizational and individual goals”

“HRM is that field of management which deals with planning, organizing & controlling the functions of procuring, developing, maintaining and utilizing a labor force such that organizational & individual goals are fulfilled”

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Concept of Human Resource Management

Today’s organizations constantly mould itself to meet the business challenges despite economic, political and social patterns in which it exists.

The efforts made by organizations to sustain business metrics like revenue, profits and growth, market share is possible only through the people in the organization who work towards making this happen within the enterprise.

According to Fisher, Schoendfelt and Shaw in their book “Human Resources Management,“ HRM involves all management decisions and practices that directly affect or influence the people or Human resources who work for the organisation”.

Concept of Human Resource Management

A human resource manager has to build an effective workforce, handle the expectations of the employees and ensure that they perform at their best.

Some of the Objectives of HRM The objectives of HRM can be classified into the following: • To act as a link between the top

management and the employees. • To arrange and maintain

adequate manpower inventory, which in turn, ensures the smooth working of the organisation.

• To help keep up ethical values and behaviour amongst employees both within and outside the organisation.

Concept of Human Resource Management

• The scope of HRM is wide and far-reaching. • An understanding of HRM is important to anyone who is employed in an

organisation. • HR issues become important wherever there is a group of workers.

Staffing is performed by all the managers as a managerial function, either directly or indirectly through HR department.

• All managers are, in this way, HR managers, since they get involved in HR activities such as selecting, training, inducting, compensating and motivating the employees along with industrial relations activities.

• Scope of HRM can be classified under the following heads: HRM in personnel management HRM in employee welfare HRM in industrial relations

Scope of Human Resource Management

Scope of Human Resource Management