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Taking a look at people is a rewarding experience
People possess skills, abilities and aptitudes that
offer competitive advantage to any firm.
No computer can substitute human brain,
no machines can run without human intervention
& no organization can exist if it cannot serve
peopleǯs needs. HRM is a study about the people in
the organizationǥitz all about managing people.
m The 'hard' approach rooted in the manpower planning
approach is concerned with aligning human resource
strategy with business strategy.
m The 'soft' approach is rooted in the human relations
school, with concern for workers' outcomes and
encourages commitment to the organisation by focussing
on workers' concerns.
 „   core strength of an organization
Any resource can be replaced but not HR.
 „   evolve over a period of time
IT enabled environment facilitates engineering
effortlessly.
 „  
 the pillars of performance are
people and IT Organizational performance in
terms of value creation and return on
investment.
ë       
m Means of supplying a want or a stock that can be
drawn upon.

ë    
m Money, Machines, Materials and Human.
m To manage is to organise the use of resources
towards the objectives of an enterprise.
m All the resources can be managed through the
Human Resource and Human Resource can be
managed only through Human Resource.

m Human Resource is the only resource which has a


DzWill to Dodz component along with the DzAbilitydz
component.
 Attracting
 Inspiring and
 Retaining
Effective and efficient employees to develop a
highly competent and committed smoothly
functioning workforce.
     

  

  

     
      
           

    

 
     
    
           
  
. Policy and Planning
2. Procurement /Acquisition / Employment (Recruitment and
Selection)
3. Development (Skill enhancement for appropriate Work
Performance)
4. Compensation (Financial and Non Financial rewards)
5. Integration (Harmony between individual and organizational
interests)
5. Maintenance (Retention of able and willing employees)
6. Separation (Parting of ways in the most amicable manner)
    

Human Resource (Personnel) Management is the


planning, organizing, directing and controlling of
the procurement, development, compensation,
integration, maintenance, and separation of
human resources to the end that individual,
organizational and societal objectives are
accomplished.
  



 

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m We must understand that corporations are not in
the business of human resource development.
They are in their own business, but human
resource development is an important tool which,
unfortunately, is being used in a limited sense.
The corporate mission has not been attached to
it. Actually, human resources must become the
business of everyone in the organization.
[   ë 
m Equal access to all resources is forcing
organisations to rely on their people as the only
source of competitive advantage today.
m Human resource strategy involves a central
philosophy of the way the people in the
organization would be managed and the
translation of this into human resource
policies and practices.
m It requires human resource policies and
practices to be integrated so that they make a
coherent whole and also that this whole is
integrated with the business or organizational
strategy.
6)*
+,-
.6*./
6*6.

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