MEANING:
HRM means The process of accomplishing organizational
objectives by acquiring, retaining, terminating, developing and
properly using the human resource in the organization. While
acquiring the Human resource, people with talent, skill and
motivation should be recruited, Developing involves educating,
training and make the human resources to accept any type of
current or future work. HRM encompasses every activity relating
to resources in an organization.
DEFINATION:
The management of human resources is viewed as a
system in which Participants seek to attain both individual and
group goals
- Yooder
and
others
Its objective is to understand what has happened and
is happening and to be prepared for what will happen in the area
of working relationships between the managers and the managed.
It is that phase of management, which deals with the effective
IMPORTANCE OF HRM:
To forecast the future needs, the strength of the current
resources also is to be assessed. Conducting Human Resource
audit makes it. Human Resource audit grades the human
resources of the firm according to their capabilities. The
performance standard of each individual is assessed. Their
potentiality is ascertained and this will help the organization to
better utilize their services in future. It is full realized that
managerial
success
in
organizations
depends
upon
the
technology,
communication
and
information
develop
teamwork
among
the
workers
and
an
FUNCTIONS OF HRM:
The functions of HRM can be broadly classified in to categories.
vise.
I.
I.
MANAGERIAL FUNCTIONS
II.
OPERATIVE FUNCTIONS
MANAGERIAL FUNCTIONS:
to
words
common
objectives.
Organization
activities
of
the
personnel
management
the
&
direction.
Controlling
also
involves
checking,
organization.
2. Human Resources Development: