All about Human Resource Management #HRM #Definition #Growth #Functions #Transformation #Objectives

Summary

Daisy Malegacharis discusses the evolution of human resource management (HRM) from administrative to strategic roles, emphasizing its importance for organizational success. HRM focuses on staffing, training, development, and employee motivation. It serves as a bridge between employees and management, fostering healthy relationships and implementing policies. The video highlights HRM's societal, organizational, functional, and personal objectives, and outlines its functions including planning, recruitment, training, performance management, and labor relations. It differentiates HRM from human relations, which prioritizes employee well-being while achieving organizational goals.

Takeaways

• 🚀 Human Resource Management (HRM) has evolved from traditional administrative roles to strategic functions that contribute to organizational success.
• 👔 The role of HR managers has transformed to be more growth-oriented, focusing on creating opportunities for both employees and the organization.
• 📚 HRM is defined as a management function that includes staffing, hiring, training, development, motivation, communication, and compensation of employees.
• 🔗 HR acts as a bridge between the company and its employees, facilitating a healthy relationship and implementing policies to support everyone's job performance.
• 🎯 The importance of HRM for organizational success includes hiring the right people, employee retention, union relations, fostering a sense of belonging, training, employee satisfaction, and achieving organizational goals.
• 🌟 There are four types of HRM objectives: societal, organizational, functional, and personal, each focusing on different aspects of HR's contribution to the company.
• 📈 HR functions have expanded to include human resource planning, recruitment, resource allocation, training, skill management, compensation, employee motivation, safety, health, and labor relations.
• 🤝 The difference between HR and human relations is that HR focuses on the strategic management of people, while human relations emphasizes the social well-being of employees.
• 💡 Human relations approach considers the human side of an organization, focusing on the social well-being of employees, while HR ensures individual needs are met without compromising organizational goals.

Q & A

What has the role of human resource management evolved from traditionally?

Traditionally, the role of human resource management was primarily administrative, focusing on hiring and firing employees.

How has the role of HR managers changed over the years?

Over the years, the role of HR managers has evolved from being administrative to becoming strategic, focusing on growth-oriented management to create opportunities for employees and the organization.

What is the definition of Human Resource Management (HRM)?

Human Resource Management (HRM), often called HR, is a management function in an organization that focuses on staffing, hiring, training, development, motivation, communication, and compensation of employees.

What is the strategic approach of HRM in a company?

The strategic approach of HRM in a company involves choosing the right people for the right positions, ensuring effective management of people to help the business achieve organizational success.

How does the HR department act as a bridge between the company and its employees?

The HR department acts as a bridge by facilitating a healthy relationship between employees and upper management and creating and implementing policies to help everyone do their jobs effectively.

What are the key importances of HRM for organizational success?

The key importances of HRM for organizational success include hiring the right people, employee retention, serving as intermediaries with unions, developing a sense of belongingness, providing effective training and seminars, ensuring employee satisfaction and welfare, and achieving organizational goals.

What are the four types of HRM objectives mentioned in the script?

The four types of HRM objectives are societal objectives, organizational objectives, functional objectives, and personal objectives. Societal objectives aim to meet ethical and social needs, organizational objectives strive for efficiency, functional objectives focus on allocating HR resources at full potential, and personal objectives support individual employee goals like education and career development.

What are the functions of human resources in an organization today?

The functions of human resources include human resource planning, recruitment and selection, resource allocation, orientation training and development, skill and performance management, compensation and benefits, employee motivation, evaluation, safety and health, and labor relations.

What is the difference between human resource management and human relations?

Human resource management is essential for an organization, focusing on the administrative and strategic aspects of managing employees. Human relations, on the other hand, is more focused on the social well-being of employees, considering the human side of the organization and ensuring individual needs and feelings are addressed while accomplishing organizational goals.

Why is human relations considered more important in an organization than just human resource management?

Human relations is considered more important because it addresses the social well-being of employees, which is crucial for maintaining a positive work environment and achieving organizational goals. It ensures that individual needs are considered alongside the overall objectives of the organization.