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Overview of HRM

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Human resource management is a strategic function that focuses on effectively managing the organization's most valuable asset, its people to drive organizational success, foster employee well-being, and create a competitive advantage in the dynamic business environment. This document explains in detail the introduction of human resource management, its meaning, core elements, nature and rationale, the scope of HRM, evolution, and development of HRM

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PRINCIPLES OF
HUMAN RESOURCE
MANAGEMENT
Topic 1: Overview of Human Resource
Management


What the content cover
 Introduction
 Meaning, core elements, nature and
rationale
 Scope of HRM
 Evolution and development of HRM

, Introduction
 Organisations are made up of people and function through them.

 Without people organisations cannot exist.

 People are most significant resource of any organisation.

 This resource is called human resource.

 Human resource management (HRM) is concerned with the human
beings in an organization. The management of people is a very
important and challenging job.
– Refers to the qualities of human resources i.e Heterogeneous,
source of other resources, thinking resource, appreciate &
depreciate.

 They can not be operated like a machine or shifted and altered like
template in a room layout.

 They therefore need a tactful handling by management personnel.



Meaning of HRM

 HRM is management function concerned with hiring, motivating
and maintaining people in an organization.

 It is the process of managing people of an organization with a
human approach.
– i.e View people as an important resource.

 HRM is concerned with policies and practices that ensure the best
use of the human resources for fulfilling the organizational and
individual goals.

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Uploaded on
July 8, 2023
Number of pages
10
Written in
2022/2023
Type
Class notes
Professor(s)
Dr. venance shilingi
Contains
All classes

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