Showing posts with label MBA Tutorial. Show all posts
Showing posts with label MBA Tutorial. Show all posts

Saturday, January 30, 2016

SCOPE OF HUMAN RESOURCES MANAGEMENT (HRM)

According to Dale Yoder the scope of Human Resource Management is very wide. It consists of the following functions.
  •  Setting general and management policy for organizational relationships, and establishing and maintaining a suitable organization for leadership and co-operation.
  • Collective bargaining, contract negotiation, contract administration and grievance handling.
  • Staffing the organization, identifying, securing and positioning and grievance handling.
  • Aiding in the self-development of employees at all levels providing opportunities for personal development and growth as well as for acquiring requisite skill and experience.

The institute of Personnel Management (IIPM) has described the scope of Human Resource Management into the following aspects: 

The Labour or Personnel Aspects:
            It is concerned with manpower planning , recruitment, selection, placement, induction, transfer, promotion, demotion, termination, training, and development, lay off and retrenchment, wage and salary administration, incentives, productivity, etc. 

The Welfare aspect:
           This aspect is concerned with the working conditions and amenities such as canteens, restrooms, lunch rooms, housing, transportation, education, medical help, health and safety, washing facilities, recreation and cultural facilities, etc. 

The Industrial Relating Aspect : 
           This is concerned with the company’s relations with the employees. It includes union-management relation, negotiating, collective bargaining, grievance handling, disciplinary actions, participative management settlement of industrial disputes, etc. All the above aspects are concerned with human element in industry as distinct from the mechanical element.   

Wednesday, January 27, 2016

FEATURES or CHARACTERISTICS or NATURE OF HUMAN RESOURCE MANAGEMENT (HRM)

The following are the important features of Human Resource Management or Personnel Management or HRM.
  • Human resources of the organization consumed the goods of the biological inheritance and interactions with the environment.
  • Human resources are heterogeneous.
  • Human resources are dynamic and behave differently.
  • Human resources are the most significant aspect in an organization.
  • HRM involves management functions like planning,organising,directing and controlling.
  • Human Resource Management involves procurement,development,maintenance of human resource.
  • Human Resource Management helps to achieve individual,organisational and social objectives.
  • HRM is a mighty disciplinary subject, It includes the study of management psychology communication,economics and sociology.
  • HRM involves team spirit and team work.

                   Human resources Management(HRM) has the greatest potential to develop and grow if the right climate is provided to them. The word HRM is wider than the term personnel. Human resources including all the dynamic components of all the people at all levels in the organization whereas personnel mean the workers employed in an organization. 

HUMAN RESOURCE MANAGEMENT (HRM)

 What is an organization?

                   Organizations comprise of people and function through efforts of an individual. Without people organizations cannot exits. The resource of men, money, materials and machinery are collected, co-ordinated and utilized through people. These resources by themselves cannot fulfil the objectives of an organization. They should be united into a team. It is through the combined efforts no organization can achieve its goals.
  
Definitions of Human Resource Management (HRM)   

          "Human Resource Management or Personnel Management or HRM can be defined as planning, organizing, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual,organizational and social objectives are achieved."
                                                                                           - Edwin Flippo 

           "HRM is a process comprising four functions - acquisitions, development, Motivation and maintenance of Human Resources."
                                                                                           -Robins & Duecento

        “ Business houses are built or broken over time not by markets capital, patents or equipments but by men”. From the national view point Human resources management may be defined as “the knowledge, skills, creative abilities, talents and aptitudes obtained from the population”.                                                                                            
                                                                                            -L.F. Uric

                                Human Resources Management (HRM) can be defined as managing (planning,organising,directing and controlling) the functions of employing,developing and compensating to human resources resulting in creation and development of human relations with a view to contribute proportionately to the organisational,individual and social goals.

                               In the view point of an organization, human resources represent the individuals at work. According to Juices, human resources or human factors refers to “a whole consisting of interrelated, interdependent and interacting physiological, sociological and ethical components”. Thus human resources represent the quantitative and qualitative measurement of the work force required in an organization.