Fundamentals
of HRM in Global Context
What
is Human Resource Management (HRM)?
Effectively deal with people in
an organization is basic of HRM, there are many definitions by Human resource
specialists on above. Armstrong (2009) stated that Human
resource management is concerned with all aspects of how people are employed
and managed in organizations. Under mention functions are delegated for modern
HRM.
strategic HRM, human capital management,
knowledge management, corporate social responsibility, organization
development, resourcing (workforce planning, recruitment and selection and
talent management),learning and development, performance and reward management,
employee relations, employee well-being and the provision of employee services.
Subsequently the designation of
Personal management was replaced by welfare in early stages of industries.
Effectiveness of the organisation depends on
the skill development, motivation and willing contribution of the employees of
the organisation. Aradhana Khandekar, Anuradha Sharma
(Impact of people management on
organizational performance a study of Indian managers) Globally, organisations
are archiving targets and growing through the human resources of the
organisations. Industry captions and leading entrepreneurs says, “People are
our most
Important asset” and “people make all the
difference”, shows the importance of HRM.
Roles
of HRM
1. 1. HR
Planning
Establishing SMART goals,
developing rules, procedures and forecasting. Planning to deploy employees
effectively to maximize productivity. Effective human resource management will
improve efficiency of the organisation. Whatever the brilliant structure, use
sophisticated equipments and number of consultants or any other latest methods
used but still fail, by hiring the wrong employees
or by not motivating them. Dessler
(2013)
.
2. 2. Selection
and Recruitment
Support the Industry captions by short listing and
selecting best candidates, by selecting 3 to 5 for the final interviews.
3. 3. Training
and Development
Employee should provide with enough tools to
perfume their duties better, new employees to the organisation should be oriented
first on the vision, mission, organisational structure, goals and expectations of
the organisation ect. Employees on the edge of promotions should be trained on
industrial relations, leadership, professional development and HRM.
More HR functions to be discuss in coming week.
