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Management
Strategic Human Resources Management
Prof. Shashank M Hiremath, KLS, IMER, Belgaum
Peter Drucker
"We are in one of those great historical
periods that occur every 200 to 300 years
when people don’t understand the world
anymore, when the past is not sufficient
to explain the future."
Albert Einstein
"Try not to become a man of success but
rather to become a man of value"
Fundamental Concepts of HR
/ Employees / People
Valuable Resource
Rare Resource
Inimitable Resource
Non-Substitutable Resource
Fundamental Concepts of
Management
¾ Management is a Process
¾ Coordination of resources
¾ Body of Personnel
What can you see in HRM Books?
9 Globalization creates +ve and –ve impacts
Soft HRM:
Treating employees as valued assets, a source of
competitive advantage through their commitment,
adaptability and high quality skills, performance etc…
Development of HRM Concepts
• Philosophy of Soft & Hard HRM can be traced
back to McGregor’s writings in 1960 – X & Y
theories
9 Emphasis on Quality
9 Flexibility in operations
9 Willingness to adapt to
changing market needs
• Brainwashed by management.