Human Resource Management - Introduction - A Revision Article - A Knol by Narayana Rao

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Human Resource Management - Introduction - A

Revision Article

Human Resource Management Revision Article Series

The human resources of an organiation consist of all people who perform its activities.

Human resource management (HRM) is concerned with the personnel policies and

managerial practices and sstems that influence the workforce. In broader terms, all

decisions that affect the workforce of the organiation concern the HRM function.

Contents

Introduction

What is the focus of HRM department?Contributing to the Bottom-line of the Compan through HR Top-line Activities

The Activities of Human Resources Management

Major Trend Affecting HRM

The Importance of HRM Measurement

Competitive Advantage and HRM

Importance of Stud of HRM for Students Specialiing in Other Functional Areas of Management

Reference

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Summar of Chapter 1. Strategic Human Resource Management in a Changing Environment in

H John Bernadin, Human Resource Management, Fourth Edition, McGraw Hill, 2007

Introduction

The human resources of an organiation consist of all people who perform its activities.


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Human resource management (HRM) is concerned with the personnel policies and managerial practices and systems

that influence the workforce. In broader terms, all decisions that affect the workforce of the organization concern the

HRM function.

The activities involved in HRM function are pervasive throughout the organization. Line managers, tpicall spend

more than 50 percent of their time for human resource activities such hiring, evaluating, disciplining, and

scheduling emploees. Human resource management specialists in the HRM department help organizations with allactivities related to staffing and maintaining an effective workforce. Major HRM responsibilities include work design and

job analysis, training and development, recruiting, compensation, team-building, performance management and

appraisal, worker health and safety issues, as well as identifying or developing valid methods for selecting staff. HRM

department provides the tools, data and processes that are used by line managers in their human resource management

component of their job.

What is the focus of HRM department?

The HRM focus should always be maintaining and, ideally, expanding the customer base while maintaining, and ideally,

maximizing profit. HRM has a whole lot to do with this focus regardless of the size of the business, or the products or

services you are trying to sell. (Dr. James Spina, former head of Executive Development at the Tribune Company).

HRM is involved in managing the human resources with a focus on expanding customer base that gives profit to the

company. The bottom line of the company is the focus of the HRM department as well as the function.

Contributing to the Bottom-line of the Compan through HR Top-lineActivities

A growing body research shows that progressive HRM practices have a significant effect on corporate bottom-line and

middle-line performance. The positive effect on financial performance, productivity, product and service quality, and

cost control are documented by researchers.

High-performance work systems (HPWS) is a term used to describe a collection of HR practices or characteristics of

HR systems designed to enhance employees competencies so that employees can be a reliable source of competitive

advantage. A summary of the research on HPWS indicated that a one standard deviation of improved assessment on a

HPWS measurement tool increased sales per employee in excess of $15,000 per employee, an 8 percent gain in labor

productivity.

The Activities of Human Resources Management

The activities performed by HRM professionals fall under five major domains:


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The Impoance of HRM Meaemen


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Competitive Advantage and HRM

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Importance of Stud of HRM for Students Specialiing in Other


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Functional Areas of Management

Even as line managers in any functional department, management students are likely to manage people at some point in

their career. Research shows that the manner in which one conducts the human resource responsibilities of the

management job will be the key for effectiveness and growth in ones career.

Reference

H John Bernardin, Human Resource Management, Fourth Edition, McGraw Hill, 2007

For more information of the book and other revision chapters, visit

http://knol.google.com/k/narayana-rao-kvss/human-resource-management-an/2utb2lsm2k7a/737#

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Last edited Jul 11, 2011 6:15 AM

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Narayana Rao

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Last edited Jun 3, 2011 6:24 AM


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Last edited Feb 7, 2011 9:05 PM


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Narayana Rao

Line managers, tpicall spend more than 50 percent of their time for human resource activities

Line managers, typically spend more than 50 percent of their time for human resource activities such hiring, evaluating,

disciplining, and scheduling employees.

This sentence needs to be emphasized in HRM courses taught to various functional managers.

Last edited May 15, 2010 9:21 PM

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Human Resource Management - Introduction - A Revision Article - A Knol by Narayana Rao

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