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It's the first lecture of Human Resource Management Subject, which Mam, Mehwish Teaches Us and this lecture is also provided by Mam, Mehwish. In this lecture, Mam, taught us some basic Concept and Terms  of HRM. Full lecture can downloaded in ppt format from given link below.


Introduction to Management

Management is the process of designing and maintaining an environment in which individuals working together in groups/ Teams, efficiently accomplish selected aims.

Management can be defined as ensuring an organization makes the most effective and efficient use of resources in order to achieve agreed objectives.

The process of getting things done, effectively and efficiently, through and with other people

Organization

A systematic arrangement of people brought together to accomplish some specific purpose; applies to all organizations—for-profit as well as not-for-profit organizations.


Fundamental Management Skills


Technical

Skills necessary to accomplish or understand the specific kind of work being done in an organization.


Interpersonal

The ability to communicate with, understand, and motivate both individuals and groups.

Conceptual

The manager’s ability to think in the abstract.

Diagnostic

The manager’s ability to visualize the most appropriate response to a situation.

Communication

The manager’s abilities both to convey ideas and information effectively to others and to receive ideas and information effectively from others.

Decision-Making

The manager’s ability to recognize and define problems and opportunities correctly and then to select an appropriate course of action to solve the problems and capitalize on opportunities.

Time-Management

The manager’s ability to prioritize work, to work efficiently, and to delegate appropriately.


A Definition of Personnel Management

Managing personnel is the process of making sure the employees (not the customers) are as productive as they can be. This can include hiring, firing, or transferring people to/from jobs they can do most productively.

A Definition of HRM?

Human resource management is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an array of cultural, structural and personnel techniques.

Human Resource Management


“Human” represents the dimension of HRM  which relates to the soft aspects such as commitment of employees through participation and the most important assets being the employees. 

“Resource” represents the hard aspects such as the strategy link of HRM and the importance of efficient utilization of employees. 

“Management” represents the role of HRM as part of management that implies that it’s not only an administrative function that carries out the formulated policies but also a managerial function that contributes to strategy formulation.

Objectives of HRM

Societal Objectives: To be ethically and socially responsible to the needs and challenges of the society while minimizing the negative impact of such demands upon the organization. Example - Legal compliance, union management, benefits

Organizational Objectives: To recognize the role of HRM in bringing about organizational objectives. Example-HRP, Employee relation, Selection, TRD, PA etc

Functional Objectives: To maintain the department’s contribution at a level appropriate to the organization’s needs. Ex-Recruitment, selection, PA etc

Personal Objectives: To assist employees in achieving their personal goals, at least insofar as these goals enhance the individual’s contribution to the organization. Ex-TRD, Placement, compensation, assessment

HR Practices in Pakistan

HR practice in Pakistan is better than the past. But there are scope to be improved. The following areas on which the concept has been improvably practiced:

Functional Concept:

HR role was concentrated to hiring firing and letter issuance-dispatching-filing stage
Now change to Employee motivation, Employee development, employee retention, facilitating organizational development initiatives etc.


Investment Concept: 

Treated as a cost centre, so no initiative for the development of HR
Now HR treats as investment centre. As such in many organizations, employee development is viewed as part of business plan.

Relationship: 

Employer - Employee relationships is better than the past. But till now there are a lot of scope to improve in the employer-employee relation as well as employee-employee relations.

Recognition: 

Employers now started to recognition of the employees’ participation in business planning, major decision making and organizational change process has increased. But till today this practice is suffering with lots of limitations

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