Introduction to Human Resource Management
The chapter introduces Human Resource Management (HRM) as a strategic approach to managing an organization's workforce, emphasizing its importance in aligning goals, improving productivity, and fostering a positive workplace environment. HRM has evolved from administrative duties to strategic involvement, encompassing recruitment, training, performance management, and legal compliance. This transformation showcases HR's critical role in organizational growth and employee satisfaction.
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Sections
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What we have learnt
- HRM involves managing people effectively to support business goals.
- It has evolved from basic administrative work to a strategic business partner.
- HR covers a broad scope from hiring to training, performance to compliance.
- Strong HR practices lead to higher productivity, engagement, and retention.
Key Concepts
- -- Human Resource Management (HRM)
- The strategic and coherent approach to managing an organization’s most valuable asset—its people.
- -- Evolution of HRM
- The progression of HR functions from administrative responsibilities to strategic roles that align workforce goals with business objectives.
- -- HR Roles and Responsibilities
- The diverse functions HR professionals manage, including recruitment, training, performance appraisal, and legal compliance.
- -- Datadriven HR Analytics
- The use of HR data to enhance decision-making processes in managing talent and improving employee engagement.
Additional Learning Materials
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