Presentation is loading. Please wait.

Presentation is loading. Please wait.

INTRODUCTION TO HRM Lesson 1.

Similar presentations


Presentation on theme: "INTRODUCTION TO HRM Lesson 1."— Presentation transcript:

1 INTRODUCTION TO HRM Lesson 1

2 LESSON OBJECTIVE INTRODUCTION IMPORTANCE OF HRM NATURE OF HRM
HR OBJECTIVES HR FUNCTIONS KEY HR CHALLENGES HR ROLES AND COMPETENCIES NEEDED.

3 INTRODUCTION HR manages the people who provide Competitive Advantage to the organization. Competitive Advantage By offering skills, capabilities, systems and practices By aligning HR plan with business plan HR is becoming strategic Innovation is the key to competitive advantage which is been provided by the human resource HR function converts adverse situation into an opportunity Organizational change and change agent

4 WHAT IS HUMAN RESOURCE MANAGEMENT
Human resource management is the function performed in an organization that facilitates the most effective use of people (employees) to achieve organizational and individual goals

5 IMPORTANCE OF HRM It is the competence and attitude of the human resource that can make or break a business. Unlike other resources human resource is dynamic in nature A nation with a rich human resource can develop fast. Quality human resource are the asset to the organization and they are the contributors to gain competitive advantage.

6 NATURE OF HUMAN RESOURCE MANAGEMENT
HRM refers to the application of management principles to management of people in an organization !!!! HRM consist of people-related function . Building human capital is a major function of HR professionals HRM necessitates alignment of HR policies and practices with organizational strategies.

7 NATURE OF HUMAN RESOURCE MANAGEMENT
Who Is an HR Manager? In the course carrying out their duties, every operating manager is, in essence, an HR manager. HR specialists design processes and systems that operating managers help implement.

8 NATURE OF HUMAN RESOURCE MANAGEMENT
Acquiring Human resources Maintaining Human Resources Developing Human resources

9 HRM OBJECTIVES SOCIETAL ORGANISATIONAL FUNCTIONAL PERSONAL

10 HRM FUNCTIONS Managerial Functions Operative Functions Planning
Organizing Controlling Directing Operative Functions Employment/staffing Human Resource Development Compensation Management Human relations

11 HR CHALLENGES Globalization of Business
Outsourcing and increased competition Stockholder, employee, manager concerns? Is this socially responsible Economic and Technological Changes Occupational shifts from manufacturing and agriculture to service industries and telecommunications. Pressures of global competition causing firms to adapt by lowering costs and increasing productivity. Technological Shifts and the Internet --Growth of information technology.

12 HR CHALLENGES Workforce Availability and Quality Concerns
--Inadequate supply of workers with needed skills for “knowledge jobs” --80% of manufacturing jobs report shortage of qualified workers Growth in Contingent Workforce --Represents 20% of the workforce --Increases in temporary workers, independent contractors, leased employees, and part-timers caused by: Need for flexibility in staffing levels Increased difficulty in firing regular employees. Reduced legal liability from contract employees

13 HR Management Roles Administrative Role
Clerical and administrative support operations (e.g., payroll and benefits work) Technology is transforming how HR services are delivered. Outsourcing HR services to reduce HR staffing costs Operational and Employee Advocate Role “Champion” for employee concerns Employee crisis management Responding to employee complaints

14 Changing Roles of HR Management

15 Strategic Role for HR Employee Advocate Role Strategic Role
“Contributing at the Table” to organizational results HR becomes a strategic business partner by: Focusing on developing HR programs that enhance organizational performance. Involving HR in strategic planning at the onset. Participating in decision making on mergers, acquisitions, and downsizing. Redesigning organizations and work processes Accounting and documenting the financial results of HR activities.

16 Operational to Strategic Transformation of HR

17 HR Management Competencies and Careers
Important HR Competencies Strategic contribution to organizational success Business knowledge of organization and its strategies Effective and effective delivery of HR services Familiarity with HRMS technology Personal credibility

18 HR Management as a Career Field
HR Generalist A person with responsibility for performing a variety of HR activities. HR Specialist A person with in-depth knowledge and expertise in a limited area of HR. HR Manager A person who is a line manager for HR Generalists and Specialists

19 ACTIVITY There are certain mantras of management success. Best managed companies are more employee-friendly, and focus on training and fair remuneration. Find and list out top 5 Indian companies known for best HR practices and also try to analyze what are the key features that set them apart


Download ppt "INTRODUCTION TO HRM Lesson 1."

Similar presentations


Ads by Google