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The People Factor or HRM2010
Jordan Business Solutions
Overview
• HRM Definition
• HRM Activities• Why HRM?
• HRM Objectives• HRM in Management
• HRM Strategy• HRM Next steps?
HRM Definition
• That function performed in organisations that facilitates the most effective use of people (employees) to achieve organisational and individual goals.
HRM ACTIVITIES 1
• Job analysis—Determining the specific duties and nature of each job in the organisation.
• Human resource planning—Projecting future employee staffing and promotion needs
• Employment recruitment, selection, motivation and orientation.
HRM ACTIVITIES 2
• Performance evaluation and Compensation.
• Training and development.
• Labour relations
• Health & Safety
WHY HRM?
• People limit or enhance the strengths and weaknesses of the organisation
• HRM represents the human assets of the company.
Objectives HRM Function 1:
• Helping the organisation reach its goals
• Using the skills and activities of the work force
• Providing the organisation with well—trained and well—motivated employees
• Increasing to the fullest the employee’s job satisfaction and self-actualisation
Objectives HRM Function 2
• Developing and maintaining a quality of work life that makes employment in the organisation desirable.
• Communicating the organisations HRM goals to all
• Helping maintain ethical policies and socially responsible behavior
• Managing change
HRM -Place in Management.
• Clarifying meaningful HRM objectives.
• Objectives of an organisation or department are the ends it seeks to achieve.
• HR must develop specific statements of how its various functions will be accomplished. (Example: How to increase employees’ job satisfaction.)
HRM Strategy• HRM has a responsibility to be a proactive,
integral component of management and the strategic planning process.
• HRM strategy is the pattern or plan that integrates the major objectives, policies and procedures of the organisation into a cohesive whole.
• A well—formulated HRM strategy helps aggregate and allocate a firm’s resources in light of the firm’s strengths and weaknesses, changes in the environment, and actions of competitors.
Jordan Business SolutionsPeople, Performance & Profit PersuaderMob: +353 86 258 88 47Email: Business Centre, Turvey, Co. Dublin