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As Human resources suggests the collection of people and their attributes at work and these are unique and unique to a company in numerous ways. So any change in the profile of people, innovation & & environment causes a modification in working and managing people in any organization. To make HR management in India more reliable, the altering needs and expectations of the clients should be met successfully.
There ought to be clear cut goals, direction and future focus of the whole organization. Proper preparation and execution of every program in the company must be done. Optimum utilization of resources and expense effective engagement of labor need to exist. Help in developing, handling and sustaining the abilities and knowledge of the human resources. Coordination among various departments and constant scanning of external environment is needed to make HR management more efficient.
There must not be lack of assistance from the leading management and rigid HR practices in the company.
Human resource management is worried about policies and practices that guarantee the best usage of the personnels for satisfying the organizational and private goals. HR is superior to physical resource as-
Functions of HRM can be classified into 2 i.e. supervisory functions and operative functions. Supervisory functions consist of preparation, organizing, staffing, directing and controlling. On the other hand personnel functions consist of procurement, advancement, settlement, maintenance and inspiration, integration and industrial relations.
Procurement includes job analysis and design, HR planning, recruitment, selection, placement, orientation and socialization. Development includes career planning and development, workers training, executive development and organizational development. Compensation includes job evaluation, performance evaluation, wages administration, incentives and benefits. Integration includes industrial relations, discipline, grievance redressal, dispute settlement, collective bargaining.
The various models used to discuss the application of strategic management in HRM are as follows-
Business-oriented model aims at value creation by developing a HR system that creates and sustains the competitive advantage through human resources. Strategic fit model focuses on matching the HR capabilities and resources with the external opportunities. It also focuses on developing HR practices in such a way that they complement one another. Vertical fit and horizontal fit are the two types of strategic fit model. Strategic Labor Allocation Model (SLAP) model focuses on the interdependences among HR strategies, business strategies and organizational changes. It also acknowledges HRM as a continuous process of balancing the demand for and the supply of labor.
Strategic human resource management is a process of aligning HR strategies with the business strategy to accomplish the performance goals through the employees’ competency and commitment. The various steps involved in the strategic management process are as follows-
The purpose of determination of vision & mission is to clarify the vision for the business. This stage consists of identifying three key facets:
First, define both short- and long-term objectives. Second, identify the process of how to accomplish your objective. Finally, customize the process for staff gives each person a task with which he can succeed. Analysis is a key stage because the information gained in this stage will shape the next two stages. In this stage, gather as much information and data relevant to accomplishing the vision. Forming a strategy is to review the information gleaned from completing the analysis. Determine what resources the business currently has that can help reach the defined goals and objectives. Successful strategy implementation is critical to the success of the business venture. This is the action stage of the strategic management process. Strategy evaluation and control actions include performance measurements, consistent review of internal and external issues and making corrective actions when necessary. Any successful evaluation of the strategy begins with defining the parameters to be measured.
Each era in the history of HRM demonstrates the thinking and attitude of the employers and their workforce at that point of time. There are various factors that affect the human resource management of an organization. With the change in time that is with the economic liberalization and globalization strategic human resource management has gained a lot of importance. As the focus is on all the aspects of managing and keeping the working and management of the organization on a global scale
Job analysis is a process of gathering relevant information about various aspects of a job, including its content, context and the job performer’s skill requirements. The steps involved in the job analysis process are as follows-
Job enrichment refers to the development of work practices which challenge and motivate the employees to perform better. The various strategies available are as follows-
Forecasts involve estimating the future requirements of the organization in terms of the nature and the number of people. Forecasting techniques commonly used for human resource forecasting are as follows-
Forecasts are made about the HR requirements, usually by the senior managers of the organization based on their experience.
Recruitment is a search for promising job applicants to fill the vacancies that may arise in the organization. Recruitment is a positive act and involves a series of planned activities. It helps in developing applicant pool and represents the first contact between the organization and the potential employees. It intends to locate and reach out to potential applicants. The various key recruitment practices are as follows-
Selection is a systematic process of identifying suitable candidates for the available jobs from the available applicant pool. The objectivity of the psychological test is the validity and reliability of the measuring tools. There are various types of psychological tests- ability test (intelligence test, aptitude test, and achievement test), personality test, interest test, integrity test. The merits of the psychological tests are as follows-
The limitations of the psychological tests are as follows-
Job placement is the placement of individuals in jobs matching their abilities. Personnel offices interview and test applicants for the purpose of achieving suitable job placements where there is a good match between management needs and employee qualifications.
Organizations spend a huge portion of their operating budgets compensating employees. In return, they expect them to provide excellent products and services to their customers. Yet half of all employees say that they don’t receive the training they need to do their job well. Cost reduction is the order of the day for most industries. What is often forgotten, is the fact that there is a big difference between an expense and an investment. In public education for example, clearly a long-term investment, more often than not cost reduction is the leading motive. And now the training industry risks falling in the same trap, this is understandable, as appearances are against the skill training industry when it comes to return on investment (ROI).
Costs are made for a nice location, the pricing model is unclear (in company prices suddenly drop by 40%) and the raving evaluations at the end of the training hardly match the tangible results at the office. It seems to make sense therefore, that many training providers lower their prices and shorten the training’s duration. Or: they lower the costs. But a training should be an investment and an investment has a return. The task is now up to training companies to undisputedly prove this return.
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