Sub: Human Resource Management Topic: Human Resource Management: Concept and

Significance

Panjab UniversityDepartment of Public Administration

Submitted to: Dr. Dr. Bharati Garg

Submitted by: Amanullah Shafaq

Presentation Outline

Introduction

Human Resource Management is a management function which involved

Meaning and Definition of

HRM

Meaning Organizational resources ( Physical, Financial, Information and human) Human resource Management refers to the policy and practice or can say

a process which enable organization for effective and efficient use of human resources to achieve it predetermined goals and objectives

Definition

1. According to National Institute of Indian Human Resource/personnel

Management

2. According to R. Wayne Mondy

3. According to Flippo

Objectives of HRM

To ensure effective utilization of human resources Adequate organizational structure Generate maximum development of human resources Reconciliation of individual or group goals with those of

organization To ensure respect for human being in the organization To identify and satisfy needs of the individuals

Features of HRM

Inherent part of Management People Oriented Action Oriented Development oriented Continuous process integrating mechanism Universal Function

Functions of

Human Resource Management

Managerial Functions of HRM

Operational Functions of HRM

Significance of

Human Resource Management

Organizational Significance

Human resource management is very important for the organization where employees contribute to the achievement of the organization objectives in the following ways:

1. Attracting and retaining the best people in the organization

2. Developing the necessary skills and attitudes among the employees

3. Securing employees willing of cooperation 4. Effective utilization of available human resources5. Organization will have in future a team of competent and

dedicated employees

Social significance

Personnel of the organization are drawn from the society, their effectiveness contribute to the welfare of the society and society as whole is the major beneficiary of good human resource practice in following ways:

1. Providing employment opportunities 2. Eliminating waste of human resources through

conservation of physical and mental health 3. Scarce talents are put to best use and will deliver

excellent result

Individual significance

Professional significance of HRM lies in developing people and providing healthy environment for effective utilization of their capabilities and this can be done by:

1. Developing people on continuous basis to meet challenges of their job in the organization

2. Promote time working and team spirit among the employees3. Offering excellent growth opportunities to people who have the

potential to rise 4. Allow people to work with diligence and commitment

Thank you

End