CONTEMPORARY ISSUE ON SEMINAR A STUDY ON “Recent trends in human resource management” Session: 2009–11 Presented at [pic] [pic] [pic] Submitted By: - Submitted To:- Bhawana Soni Mr. Rajat Mendiratta MBA II Sem. Acknowledgement The beatitude‚ bliss & euphoria that accompany successful completion any task would not be completed without the expression
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the organ izational goal. But over the past years‚ Human Resource Management has evolved conside rably and experienced a major transformation in form and functions. Driven by a number of significant internal and external environmental forces‚ HRM has progressed from a largely maintenance function‚ with little if any bottom line impact‚ to what many sc holars and practitioners today regard as the source of sustained competitive advantage for organizations operating in a global economy
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standards are strategic tools that reduce costs by minimizing waste and errors‚ and increase productivity. They help companies to access new markets‚ level the playing field for developing countries and to achieve their objectives. It is impossible not to take into account the fact‚ that every organization‚ regardless of its mission‚ strives to reach objectives through its workforce. Successful results are achievable if all members of the organization team know and share strategic goals and know
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Discuss the implications for the HR function of moves to devolve HR responsibilities to non HR Managers. 2011 The dynamic global environment has influenced Human Resource Management as a valued production factor into becoming an important part of the production process. Although people management is significantly more complicated than managing for example‚ machinery‚ through it allowing the implementation of more varied ideologies and techniques. In most companies Human Resources is being
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Ethics In Human Resource Management HRM Ethics : People learn business management automatically even before knowing what ‘Management’ is- Peter Drucker. To many people management is synonymous with business management‚ but business management is only a part of management. For a better understanding of HRM Ethics‚ it is essential to know what Management is‚ what is HRM‚ what is Business‚ what is Ethics and what is Business Ethics. Definition-HRM : HRM means a process of planning‚ organizing
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Definition of HRM ’A philosophy of people management based on the belief that human resources are uniquely important in sustained business success. An organization gains competitive advantage by using its people effectively‚ drawing on their expertise and ingenuity to meet clearly defined objectives. HRM is aimed at recruiting capable‚ flexible and committed people‚ managing and rewarding their performance and developing key competencies. ’ Lack of a universally agreed definition of HRM lies in the
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(HRM) ACTIVITIES HR management is composed of several groups of interlinked activities taking place within the context of the organization . All managers with HR responsibilities must consider external environmental forces like : 1-legal 2-political 3-economic 4-social 5-cultural
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matter of some hours and you’re on the other side of the world! Planes‚ trains‚ cars – all have come into existence due to improved technology. Similarly‚ if we go back in time‚ when the only means of communicating with another person was via letters or a messenger would be sent to convey something‚ today‚ we see the increased usage of mobile phones‚ video conferences‚ fax machines‚ email etc. which has helped cut down costs and distances between continents. This has thus made communication much easier
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Introduction: The HR Managers of today may find it difficult because of the rapidly changing business environment and therefore they should update their knowledge and skills by looking at the organization’s need and objectives. The HRM challenges are 1. Managing the Vision: Vision of the organization provides the direction to business strategy and helps managers to evaluate management practices and make decisions. So vision management becomes the integral part of Man management in future.
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in the aspects of definition‚ academic boundaries and major functions of the fields of human resource management (HRM) and industrial relations (IR). The essay critically discusses the comparison and contrast on the key features of Human Resource Management and Industrial Relations in academic fields. On the base of review of the origins and transition of the tow subjects the paper will explore the general accepted definitions of the HRM and IR respectively. It will then go on to lay out theoretical
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