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HUMAN RESOURCE MANAGEMENT
Human resource
Human Resources as: "The people that staff
and operate an organization," as contrasted
with the financial and material resources of an
organization. A human resource is a single
person or employee within your organization.
Human resources refer to all of the people you
employ.
Contd….
• Human Resources is also the organizational
function that deals with the people and issues
related to people such as compensation and
benefits, recruiting and hiring employees,
performance management, training,
organization development and culture, and
advising senior staff about the impact on
people of their financial, planning, and
performance decisions on the people in the
organization.
Management
• Mary Parker Follett (1868-1933) Follett defined
management as: "the art of getting things done
through people“
• Management further defined as,”.. that field of
human behavior in which manager plan, organize,
staff, direct and control human, physical and
financial resources in an organized effort, in order
to achieve desired individual and group
objectives with optimum efficiency and
effectiveness.
Human resource management
Meaning of HRM
• Human resource management (HRM) focuses on
recruiting and hiring the best employees and
providing them with the compensation, benefits,
training, and development they need to be
successful within an organization.
• It is concerned with management of people from
Recruitment to Retirement.
• To select right person, at the right place for the
right job.
Definitions
“ HRM is the function performed in organizations that
facilitates the most effective use of people to achieve
organizational and individual goals.”
– Ivancevich and Glueck
“Human Resource Management as “planning,
organizing ,directing, controlling of procurement,
development, compensation, integration ,maintenance
and separation of human resources to the end that
individual, organizational and social objectives are
achieved.”
-Edwin Flippo
Objectives of HRM