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.