Professional Documents
Culture Documents
Dr KSB Nayar
ksbnayar@gmail.com
2 January 2012
BE AWARE OF ECONOMIC, TECHNOLOGICAL, SOCIAL AND LEGAL ISSUES THAT FACILITATE OR CONSTRAIN EFFORTS TO ACHIEVE GOALS EMPLOYEE SKILLS, KNOWLEDGE AND ABILITIES: MOST DISTINCTIVE AND RENEWABLE RESOURCE COMPETING THROUGH PEOPLE AS A THEME; MANAGERS FOCUS ON SPECIFIC CHALLENGES AND ISSUES ON DAY-TO-DAY BASIS WE SHALL CLASSIFY THEM AS COMPETITIVE CHALLENGES OR EMPLOYEE CONCERNS HRM ROLE IN GETTING MOST FROM EMPLOYEES AND PROVIDING A WORK ENVIRONMENT TO MEET SHORT-TERM AND LONG-TERM NEEDS
HUMAN RESOURCES ARE THE ONLY ASSETS THAT APPRECIATE OVER A PERIOD WHILE PHYSICAL RESOURCES DEPRECIATE WITH YEARS HUMAN RESOURCES ALONE CAN PRODUCE AN OUTPUT LARGER THAN THE INPUT CREATIVE SKILLS OF HUMANS HUMAN RESOURCES PROVIDE UTILITY VALUE TO EACH OF THE PHYSICAL ASSETS FLEXIBILITY OF AN ORGANIZATION DEPENDS MORE ON PEOPLE THAN ON ANY TECHNICAL FACTORS
PERSONNEL OR LABOUR ASPECT DEALS WITH HR LIKE PLANNING, RECRUITMENT, SELECTION, PLACEMENT, TRAINING AND DEVELOPMENT, REMUNERATION, INCENTIVES & PRODUCTIVITY WELFARE ASPECT DEALS WITH WORKING CONDITIONS AND AMENITIES SUCH AS CANTEEN, AND REST-ROOMS
INDUSTRIAL RELATIONS ASPECT DEALS WITH UNIONMANAGEMENT RELATIONS LIKE COLLECTIVE BARGAINING, GRIEVANCE AND DISCIPLINARY ACTIONS