should be able to: 1.1 Identify the difference between the traditional view of Human Resource Management and the 21st-century view 1.2 Describe the major HRM skill sets 1.3 Discuss the line manager’s HRM responsibilities 1.4 Identify and briefly describe the major HRM discipline areas 1.5 Explain the Practitioner’s Model for HRM and how it applies to this book 1.6 Define the following terms: Human resources Employee engagement Cost center Revenue center Productivity center Productivity
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One strategic HRM debate has focused on the integration or ‘fit’ of business strategy with HR strategy. This shift in managerial thought‚ calling for the HR function to be ‘strategically integrated’‚ is depicted in Beer et al.’s (1984) model of HRM. The authors espoused the need to establish a close two-way relationship or ‘fit’ between the external business strategy and the elements of the internal HR strategy: ‘An organization’s HRM policies and practices must fit with its strategy in its competitive
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A German Philosopher …. Always recognize that human individuals are ends ‚ and do not use them as means to your end Immanuel Kant Prof.Rohini G.Shetty Quote understood…. Do you agree that the term HR makes one feel a bit guilty…Why is it so? Are human beings mere resources ??? When treated as a resource ‚ does it not translate as being used as means to an end? Sad but true….. We are always talking of performance….. The Dilemma - Concern for organizational performance or welfare of people
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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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analysis of HRMS industries STRENGTH * As we know that HRMS is a platform that converges all the activities related to HR and Personnel management‚ this feature is strength to make and promote the products. * The need for HR products-especially in India and Middle East and also Africa has shot up as these countries are the least effected to economic turmoil. * HR departments now –a-days are willing to standardize and make precise decisions by using Management Information system and HRMS is the
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Relationships between HRM and Organizational Outcomes Understanding tbe relationsbip between HRM and organizational outcomes is one of tbe longstanding goals of macro HRM research. Indeed‚ Becker and Huselid (1998) considered this relationship as one of the essential pursuits of strategic HRM research. This stream of research has several key components. First‚ organizational outcomes are viewed as multidimensional. Drawing on Dyer and Reeves’s (1995) work‚ researchers in strategic HRM have categorized
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Evolution of HR Function…………………………………………………………………..3 Tata Steel- Historical changes in the HR functions………………………………………...3 HR functions during Mergers & Acquisitions………………………………………………4 Historical development of the Korean HRM system………………………………………..5 Morality of HRM- Classic Ford example…………………………………………………...6 Future of HR system…………………………………………………………………………7 Conclusion…………………………………………………………………………………...8 Bibliography………………………………………………………………………………….9 1. Abstract “ HR should not
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The principal objectives of HRM may be listed thus: To help the organization reach its goals: HR department like other departments in an organization exists to achieve the goals of the organization first and if it does not meet these purposes‚ HR department (or for that matter any other unit) will wither and die. To employ the skills and abilities of the workforce efficiently: The primary purpose of HRM is to make people’s strengths productive and to benefit customers‚ Stockholders and employees
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1. Abstract It has been controversial and arguable for many years and is still on-going regarding whether HRM and organisational performance are directly or indirectly linked to each other. Some insist that it clearly has a positive impact on business performance whilst the others question that “why companies then hesitate to take the HR policies and why some of them adopt another alternative approaches?” From their point of view‚ it does not affect much of the organisational performance. Therefore
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The Impact of Globalization on Human Resource Management Globalization refers to the interconnection among countries‚ politically‚ economically and culturally. Globalization has come into existence due to the following factors: (i) betterment in transportation and communication‚ (ii) human and capital mobility‚ (iii) increasing formation and existence of NGOs and multinational corporations. Betterment and improved technology in transportation and communication across the globe has significantly
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