Download Human Resource Management - Elements of Organisational Behaviour - Lecture Slides and more Slides Organization Behaviour in PDF only on Docsity! Introduction & a brief history of HRM Topic 1 Basic concept of HR • An orgn is made up of 4 resources –Men –Material –Money Non Living –Machinery –It is the human that make use of non human resources. • Acc. To Decenzo & Robbins “ HRM is concerned with the PEOPLE DIMENSION in management. Since every orgn is made up of people, acquiring their services, developing their skills, motivating them to higher levels of performance and ensuring that they continue to maintain their commitment to the organisation are essential to achieve organizational objectives. This is true regardless to the size of the organization, government, business, education, health, recreation, or social action.” • Acc to Leon C. Megginson “ From the national point of view, Human resources are Knowledge, skills , creative abilities, talents and attitude obtained in the population.” Whereas “From the view point of Individual enterprise, they represent the total of the inherent abilities, acquired knowledge and skills as exemplified in the talents and aptitude of its employees.” • Now human resources are considered as HUMAN CAPITAL, which can be classified into 3 categories • Intellectual Capital • Social Capital • Emotional Capital • Intellectual Capital consists of specialized knowledge, tacit knowledge and skills , cognitive complexity , and learning capacity. Comparing HRM & PM contd….. e. Planning perspective Ad hoc, reactive Integrated, proactive f. Level of trust Low High g. Key relation Labour- management Customer h. Management’s Role Transactional Transformatio nal i. Acceptability of Unions Acceptable Not desirable j. Basis of job design Division of labour Teams Comparing HRM & PM contd….. k. Key People PM/IR Specialists Line people & General Managers l. Skill acquisition Training & development Learning organization m. Reward Management Standardized job evaluation Performance related Objectives of HRM • The primary objective of HRM is to ensure availability of right people for right jobs at right time so as the organizational goals are achieved effectively. • Sub objectives to achieve this primary objective are – To help the organisation to achieve its goal effectively and efficiently by providing competent and motivated employees.