Wednesday, August 20, 2014

Unit 1 (P 1) HRM in Context: Concept of HRM

Concept of HRM

  1. " HRM is a process consiting of the acquisition, development, motivation, and maintenance of human resource". Decenzo / Robbins.
  2. "HRM is the design of formal systems in an organization to ensure the effective and efficient use of human talent to accomplish the organizational goals". Mathis, Jackson, 2007
  3. "HRM is a management function that helps manager to recruit, select, train and develop members of an organization". K. Aswathappa.
  4. “HRM refers to the policies and practices involved in carrying out the ‘people’ or human resources aspects of a management position, including recruiting, screening, training and appraising.”Human resource management". –Gray Dessler.
  5. "The purpose of HRM is to ensure that the employees of an organization are used in such a way that the employer obtains the greatest possible benefit from their abilities and the employees obtain both material and psychological rewards from their work". (Graham, 1978)
  6. “A strategic approach to managing employment relations which emphasizes that leveraging people’s capabilities is critical in achieving competitive advantage”. Bratton and Gold, 2003
  7. "It is concerned with philosophy, principles, policies, and practices related to human aspects of management".Govinda Ram Agrawal
  8. "Organization needs people and people need organizations. HRM is concerned with managing people in the organization. It is important management function to work with and through people".Govinda Ram Agrawal 
  9. Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization.
  10. "HRM as art and science". The art of managing people by recourse to creative and innovative approaches; it is a science as well because of the precision and rigorous application of theory that is required.
  11. Organizational effectiveness depends on the performance of people working in organizations; humans are the source of competitive advantage (must add +ve value, must be unique, imperfectly imitable, and cannot be substitute with another resource). HR today is viewed as strategic resource.
    • Human resources are people who are ready, willing and able to contribute to organizational objectives. It creates harmony between the objectives of organization and the individual.
    • Human resources are people having competencies in terms of knowledge, skills, attitude, experiences, self motivation and potential for growth.
  12. The key concept of HRM are: (Govinda Ram Agrawal)
    • Human focus: Treats human as an important asset.
    • Management Function: performed by all levels of managers
    • Continuous commitment: Ensure not only present but also future.
    • Dynamic: Affected by change in the environment.
    • Mutuality oriented: Promotes mutuality between employers and employees.

Review question:
Long
  1. Management is art of getting things done through others. Does this statement mean Management is an art of manipulation of HR . Justify.
  2. Humans are the source of competitive advantage and severely affects the organizational performance. Clarify.
Short
  1. What is Management?
  2. What is Human Resource?
  3. What is Human Resource Management? 
Videos to watch and review: