Lec 2
Lec 2
Lec 2
Hyderabad
Subject:
Human Resource Management
Instructor:
Dr. Pavan Kumar Balivada
Human Resource ?
People + Characteristics
Uniqueness
Appreciates over time, rather depreciation.
Output greater than inputs.
Provide utility value to each of the physical assets that it controls.
Flexibility of organization depends more on
human factor than technical factor.
HRM can be defined as:
“… a strategic approach to managing employment
relations which emphasizes that leveraging
people’s capabilities is critical to achieving
sustained competitive advantage, this being
achieved through a distinctive set of integrated
employment policies, programs and practices”.
Why Human Factor is More
Important?
P/HRM
Managerial Operative
functions: Functions
Procurement Development: Motivation and Maintenance: Emerging
– Planning Integration:
Compensation: Issues:
Job Analysis Training Grievances
Job design Health Personnel
HR planning Executive records
Work scheduling Discipline
– Organizing Recruitment development
Safety Personnel
Motivation Teams and
Selection Career teamwork audit
planning Job evaluation Personnel
Placement Welfare Collective
Succession Performance and research
– Directing bargaining
Induction planning potential HR
appraisal Social security Participation accounting
Internal Human
mobility Compensation Empowerment
resources HRIS
– Controlling development administration
Trade unions Job stress
strategies Incentives
benefits and Employers’ Mentoring
services associations International
HRM
Industrial
relations
Is this the only job of
HR!!
Functionalities of HR
Traditional
Soft side of business V/s Financial Implications
V/S
Modern Cost control V/s Value Addition
Views of HRM
Being nice to people V/s Challenging people
Leadership Skills
Technical Skills
Changing Dynamics of HR in India
Traditional V/s Modern Practices
Implementation
Employees Customers Investors
Moral Satisfaction Profitability
Competence
Strategic Focus
System People
Operational Focus
Traditional HR versus Strategic HR
How to achieve!!
Effective employee management through
organizational strategy and culture.
Cost effective utilization of human resource
Integrated HR programs and policies
Adaptation to change.
Focus on customer need and quality
Changing HR
Dynamics in
India
The best
resource to
invest in is
Thank You.