Topic 1 Fundamentals Of HRM Notes
THE HONG KONG INSTITUTE OF VOCATIONAL EDUCATION
BUSINESS ADMINISTRATION DISCIPLINE
Human Resource Management
Lecture Notes
Topic 1
Fundamentals of Human Resource Management
LECTURE OUTLINE:
- The importance of HRM
- Foundations of HRM
- HRM in small and global business world
LEARNING OBJECTIVES:
- Understand the definition and importance of HRM in the modern world
- Describe the functions of HRM
- Understand HRM in small and global businesses
LECTURE NOTES:
Introduction
Organizations are made up of people, and at the very least it is commonly recognized that someone in every organization will need to be responsible for the many matters which arise in connection with the recruitment, selection, training, motivation and paying staff, and compliance with the various laws relating to employment.
Nowadays, HRM concerns with broader and higher level.
What is HRM?
HRM concerns with the “people” dimension.
1. HRM is both support function that assists in HRM matters to line employees, and a function of every manager’s job
2. HRM consists of four basic functions:
a. staffing (recruiting people);
b. training and development (preparing people);
c. motivation (stimulating them); and
d. maintenance (keeping them).
Contrast Management, Personnel and Human Resources Management
Management is the process of efficiently and effectively achieving the objectives of the organization with and through people.
Personnel and human resources management are sub-disciplines of management. While both terms are often used interchangeably, personnel has a “softer’ implication as a representative of people, while human resources management represents the people but also has a strategic focus to support the business strategy of the company.
The Importance of HRM to an Organization
HRM is important as nowadays
1. Changing Role Of Human Resource Managers:
a. Legislation has placed new requirements on employers.
b. Jobs have become more technical and skilled.
c.
BUSINESS ADMINISTRATION DISCIPLINE
Human Resource Management
Lecture Notes
Topic 1
Fundamentals of Human Resource Management
LECTURE OUTLINE:
- The importance of HRM
- Foundations of HRM
- HRM in small and global business world
LEARNING OBJECTIVES:
- Understand the definition and importance of HRM in the modern world
- Describe the functions of HRM
- Understand HRM in small and global businesses
LECTURE NOTES:
Introduction
Organizations are made up of people, and at the very least it is commonly recognized that someone in every organization will need to be responsible for the many matters which arise in connection with the recruitment, selection, training, motivation and paying staff, and compliance with the various laws relating to employment.
Nowadays, HRM concerns with broader and higher level.
What is HRM?
HRM concerns with the “people” dimension.
1. HRM is both support function that assists in HRM matters to line employees, and a function of every manager’s job
2. HRM consists of four basic functions:
a. staffing (recruiting people);
b. training and development (preparing people);
c. motivation (stimulating them); and
d. maintenance (keeping them).
Contrast Management, Personnel and Human Resources Management
Management is the process of efficiently and effectively achieving the objectives of the organization with and through people.
Personnel and human resources management are sub-disciplines of management. While both terms are often used interchangeably, personnel has a “softer’ implication as a representative of people, while human resources management represents the people but also has a strategic focus to support the business strategy of the company.
The Importance of HRM to an Organization
HRM is important as nowadays
1. Changing Role Of Human Resource Managers:
a. Legislation has placed new requirements on employers.
b. Jobs have become more technical and skilled.
c.