Concept of HRM

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“The Management of HR” is a very important and challenging job because of the dynamic nature of the people. No two persons are similar in mental abilities, traditions, sentiments, and behavior. People are responsive; they feel they think and act. Therefore, they cannot be operated like a machine or material. They, therefore, need tactful handling. Before directly entering into the concept of HRM, let’s examine the concepts of “Human Resources” and “Management” separately.

Meaning of Human Resource:

Human resources are the people who make up the workforce of an organization, business sector, or economy. It is also called human capital or human assets. It is the resource that resides in the knowledge, skills, and motivation of people.

Meaning of Management:

Management is the process of dealing with or controlling things or people. In other words, management is the administration of an organization. The organizations can be businesses, not-for-profits, and even the government body.

Meaning of HRM:

Human resource management is the strategic approach to the effective management of people in an organization so that they help the organization gain a competitive advantage. In other words, it is the practice of recruitment to retirement.

Human resource management (HRM) is concerned with people’s dimension To understand its concepts a few definitions are given below:

DeCenzo and Robbins:    “Human resources Management is a process consisting of the acquisition, development, motivation, and maintenance of human resources.”

Ivancevich, Donnelly, and Gibson: “Human resource management is the process of accomplishing organizational objectives by acquiring, retaining, terminating, developing and properly using the human resources in organizations.”

Gary Dessler: “Human resource management refers to the policies and practices one need carry out the ‘people’ or human resource aspects of a management position, including recruiting, screening training, rewarding and appraising.”

Conclusion: The first objective of HRM is to attain maximum individual development. Second, get the desirable working relationship between employers and employees. Third, effective development of human resources as contrasted with physical and other resources. In other words, HRM includes:

  • Policies and practices to manage people,
  • Development and motivation of human resources,
  • It incorporates recruitment to retirement (R2R) programs,
  • The goal of HRM is to attain the optimum level of efficiency and effectiveness in an organization,

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