What is HRM and its functions?
Introduction.
Human Resource Management (HRM) is
concerned with all aspects of how people are employed and managed in
organizations. The term HRM has largely taken over from that of personnel
management, which took over from previous terminology including labour or
welfare management. In the 1980s, against the economical recession and
increased pressures on firms because of globalization and the accelerated
change brought by technological developments, a number of companies began to
think about people in organizations from a different perspective. A combination
of this thinking evolved into what became known as human resource management.
The
Importance of a Human Resources Department in an Organization.
Human resource management (HRM) is a
strategic, integrated and coherent approach to the employment, development and
well-being of the people working in organizations. (Armstrong, 2009) Human
resource management is the process through which employees can be managed in a
structured manner which consists the processes such as recruitment, selection,
placement, induction, training and development, motivation, compensation,
benefits, etc. It helps in increasing the productivity of the organization by
efficient utilization of employees. It also helps in bringing up the
performance of the employees. According to Davenport (2013) main objective of
HRM is to recruit, develop and reserve best talent in the organization.
However, HR department of a company is highly focused upon planning different
strategies and practices so that the set goals can be accomplished easily.
Manage the human resources significantly and value them in order to retain them
for long term is vital for an organization. Human resource includes all the
employees in decision making process so that they make strong relations with
bottom line and grow the organization in an effective routine.
Functions
of HRM.
Every organization operates targeting one
vision which can be achieved by combination of certain strategies and execution
of the same, which is done by the HR department. The following are the various
HR processes done by HR departments. The efficient designing of these processes
apart from other things depends upon the level of correspondence of each of
these. This means that each process is connected to the other.
Human
resource planning: Generally, we consider Human Resource
Planning as the process of people forecasting and also involves the processes
of Evaluation, Promotion and Layoff.
Recruitment:
Is attracting particular applicants that match a certain Job criteria.
Selection:
Aims at short listing candidates who are the nearest match in terms
qualifications, expertise and potential for a certain job.
Hiring:
Deciding the final candidate who gets the job.
Training
and Development: Those processes that work on an employee
onboard for his skills and abilities upgradation.
References
Armstrong, M., 2009. ARMSTRONG’S HANDBOOK
OF HUMAN RESOURCE MANAGEMENT PRACTICE. 11th ed. London and Philadelphia: Kogan
Page Limited.
Davenport, T. H., 2013. Process
innovation: reengineering work through information technology. Harvard Business
Press.
HRM explained in a very simply manner. HRM is not only to attract, train & reward. It is a more expandable view starting from the application process until employee exits from the organization. It is a duty of the organization to create an Employee Value Proposition (EVP) where people will recognize it as a great place to work. Good job Upendra.
ReplyDeleteThank you Jehan.
DeleteNicely explained the interduction of HRM however the if we can include the he history and the how he strategy link with present organizational requirements, it's can be more valuble
ReplyDeleteThank you very much and will update accordingly.
DeleteGood Report Upendra, i felt that you could have included some more learning of how it evolved HRM. Thanks .
ReplyDeleteThank you Achala. Yes I agree with you and I will try to fix it.
DeleteThis comment has been removed by the author.
ReplyDeleteGood Explanation on importance of HRD and functions of the HRM.
ReplyDeleteWell organized and effective HRD plays a major role in an organization for its success.
Well Done and Good Luck..!!
Thank you Anupama.
DeleteSimple but very helpfull article...keep it up.
ReplyDeleteThank you Namila..
DeleteYou have highlighted some good points under importance and functions of HRM .If you can focus more on page alignments and font types i would be more attractive. Appreciate your effort.
ReplyDeleteThank you Isuru and I will rectify the issues mentioned.
DeleteSimple explanation to figure out the elements of HRM. Recruit, develop and to retain through implementing strategies, also we can consider the evaluation part to this process such as using of financial and non financial evaluation tool. Good work Upendra.
ReplyDeleteThank you Jinendran.
DeleteGood job upendra, please make sure to follow harvard reference style. Normally, whatever the sources cited should be included in the reference list. In other words, only cited sources should be in the reference list. You have cited only Devenport... Not Armstrong...
ReplyDeleteThank you sir. I understand the mistake and I will fix it and will manage not to repeat in future posts.
DeleteYou have mentioned that the Human resource management includes all the employees in decision making process, I think it is a good point where employees would think that they are not just workers but they are part of the organization. Good job Upendra.
ReplyDeleteThank you very much Shamina.
Deletenice report upendra Well explained and nice flow it's very clear and easy to get the idea.
ReplyDeleteThank you Malintha ..
DeleteDear Upendra. Good explanation about the HR & it's functioning. I think it's better to highlight the funtions by using Bolt the letters. Well done & good effort.
ReplyDeleteThank you Malitha. I will try next time.
DeleteHi Upendra, had a good reading, though it simple but you have managed to highlight the functions nicely, like to suggest that if you can nurture your article with more data will be more valuable, wish you the best
ReplyDeleteThank you for the suggestion Manjula. I will make a difference next time
DeleteHi Upendra ! Nice Article !
ReplyDeletegood article batagalla. good luck.
ReplyDeleteManage the human resources significantly and value them in order to retain them for long term is vital for an organization.Good Article !
ReplyDelete