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 Importance of human resources can be
discussed at four levels:
 Corporate
 Professional
 Social
 National
 HRM can help an enterprise in the following
ways:
 Attracting talent through effective HRP
 Developing necessary skills & attitude with
training
 Securing cooperation through motivation
 Retaining talent through the right policies
 Ensuring a team of competent & dedicated
employees
 HRM helps improve quality of work life and
contributes to growth in the following ways:
 Opportunities for personal development
 Motivating work environment
 Proper allocation of work
 Healthy relationships between individuals &
groups
 Promoting team-work & team spirit
 Encourage to work with deligence & commitment
 Society benefits from good HRM in many
ways:
 Good employment opportunities
 Development of human capital
 Generation of income & consumption
 Better lifestyles
 Lead to productivity gain to society
 Enables managers to reduce cost & save scarce
resources
 Drivers of development of a country
 Deliver economic growth
DIRECTOR
(HRD)
MANAGER
(PERSONNEL)
MANAGER
(ADMINISTRATION)
MANAGER
(HRD)
HR PLANNING
RECRUITMENT
&
SELECTION
WELFARE
LEAVE RECORDS
TRAINING &
DEVELOPMENT
PERFORMANCE
APPRAISAL
 Job Design / Job Analysis
 Human Resource Planning
 Recruitment & Selection
 Training & Development
 Performance Appraisal
 Compensation / Benefits
 Personnel Information Systems
 Employee Motivation / Assistance
 HRM is the process of effectively employing
people in an organisation
 HRD is the process of training & development
of employees to make them effective
 HRD is an important subset of HRM
 HRM only a ‘support function’!
 Training programs only a ‘cost’!
 Not an ‘as & when needed’ function!
 Not specifically qualified / trained people!
 Inadequate information systems / records!
 Misunderstood as HRD!
 Globalisation (More productivity)
 Technological Trends (New skill set)
 Increasing Service Sector (Customer
Interface)
 Working Trends (9 to 9!)
 Demographic Trends (Young India!)
 Individuals differ from one
another
 Customization of stimulation
and motivation
 Demanding personnel
 Value of Human Resource
 Competitive advantage
 Human Resource
Accounting – It is
measurement of the cost
and value of people for an
organization
 Worker productivity
 Quality improvement
 The changing attitudes of workforce
 The impact of the government
 Quality of work-life
 Technology and Training

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Importance of hrm

  • 1.
  • 2.  Importance of human resources can be discussed at four levels:  Corporate  Professional  Social  National
  • 3.  HRM can help an enterprise in the following ways:  Attracting talent through effective HRP  Developing necessary skills & attitude with training  Securing cooperation through motivation  Retaining talent through the right policies  Ensuring a team of competent & dedicated employees
  • 4.  HRM helps improve quality of work life and contributes to growth in the following ways:  Opportunities for personal development  Motivating work environment  Proper allocation of work  Healthy relationships between individuals & groups  Promoting team-work & team spirit  Encourage to work with deligence & commitment
  • 5.  Society benefits from good HRM in many ways:  Good employment opportunities  Development of human capital  Generation of income & consumption  Better lifestyles  Lead to productivity gain to society  Enables managers to reduce cost & save scarce resources
  • 6.  Drivers of development of a country  Deliver economic growth
  • 8.  Job Design / Job Analysis  Human Resource Planning  Recruitment & Selection  Training & Development  Performance Appraisal  Compensation / Benefits  Personnel Information Systems  Employee Motivation / Assistance
  • 9.  HRM is the process of effectively employing people in an organisation  HRD is the process of training & development of employees to make them effective  HRD is an important subset of HRM
  • 10.  HRM only a ‘support function’!  Training programs only a ‘cost’!  Not an ‘as & when needed’ function!  Not specifically qualified / trained people!  Inadequate information systems / records!  Misunderstood as HRD!
  • 11.  Globalisation (More productivity)  Technological Trends (New skill set)  Increasing Service Sector (Customer Interface)  Working Trends (9 to 9!)  Demographic Trends (Young India!)
  • 12.  Individuals differ from one another  Customization of stimulation and motivation  Demanding personnel
  • 13.  Value of Human Resource  Competitive advantage  Human Resource Accounting – It is measurement of the cost and value of people for an organization
  • 14.  Worker productivity  Quality improvement  The changing attitudes of workforce  The impact of the government  Quality of work-life  Technology and Training