HRM 1 PDF
HRM 1 PDF
HRM 1 PDF
MANAGEMENT
Introduction
Concept
□ People are central to attainment of
organizational goals
► On the other,
► you have to create an organization with possibilities for people
to develop themselves
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□ “The policies and practices involved in carrying out the
"people" or human resource aspects of a management
position, including recruiting, screening, training,
rewarding, and appraising.“
- Dessler.
□ “H-R-M is concerned with the “people” dimension in
management. Since every organization is made up of
people, acquiring their services, developing their skills,
motivating them to high levels of performance, and
ensuring that they continue to maintain their
commitment to the organization are essential to
achieving organizational objectives.”
- Decenzo and Robbins.
□ Human Resource Management is the
process of acquiring, training,
appraising and compensating
employees, and of attending to their
labour relations, health and safety
and fairness concerns
HRM is a process consisting of four functions
► Managing change
► Maintaining ethical policies and socially responsible behaviour
► Goal Achievement 18
Functions / Areas of HRM
► Job Analysis
► Performance Appraisal
► Employee Relations
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New Approaches to Organizing
HR
□ The transactional HR group focuses on
providing specialized support in day-to-day
transactional HR activities
□ The corporate HR group focuses on assisting
top management in top level big picture issues
□ The embedded HR unit assigns HR generalists
to departments to provide localised HRM
assistance
□ The centers of expertise are like specialised
HR consulting firms within organizations
Contemporary Environmental
context of HRM
□ Globalization and Competition Trends
- Globalization refers to the tendency of firms to
extend their sales, ownership, and/or
manufacturing to new markets abroad
- More globalization means more competition and
more competition means more pressure to be
world class
□ Indebtedness and Deregulation
- As economies boomed, more businesses and
consumers went deeply into debt
- The only way country could keep buying more
from abroad than it sold was by borrowing money
□ Technological Trends
- Technology changed what business do and how
they do it
□ Trends in the nature of work
- High tech jobs
- Service jobs
- Knowledge work and human capital
□ Workforce and Demographic Trends
- Generation Y
- Retirees
- Nontraditional workers
□ Economic Challenges and Trends
Important Trends in HRM
□ Focus more on big Picture Issues
- Become firm’s Internal Consultants, identifying
and institutionalizing changes that help
employees better contribute to the company’s
success and helping top management formulate
and execute its long-term plans
□ Finding new ways to provide Transactional
services
□ Create high performance work systems
□ Have new proficiences
□ Manage ethically
□ Take steps to help employer better manage
challenging times
□ Formulate practices and defend its actions based
on credible evidence
Environment of HRM in Nepalese
Organizations
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Conti…
1957 First Industrial Policy formulated Part of the first five-year plan that
began a year earlier
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Conti…
35
1967 Central Bureau of Labour Conti…
Recommended Ministry
Affairs established of Planning (now National
Planning Commission)
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Conti…
1992 Labour Act replaces Labour relations become
Nepal Factory and an important function of
Factory Workers Act HRM
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1995 Nepal ratifies Tripartite Conti…
Provides labor courts to
Consultation deal with labor disputes
(International Labour
Standards) Convention,
1976 (No. 144)
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⚫ Organic
Manufacturing
⚫ Modular Services
⚫ Flat IT
ITES
⚫ Lean Hospitality
Banking &
⚫ Long Financial
Services
Organisation
Structures
CULTURE
What are we missing?
Local Markets
Regional
National
International
World Zones – Asia, Europe
etc
Integrating HR with Business
Business
Adequat Inadequate
H e
R
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□ Strategy
- The pattern of decisions that integrates
goals and actions into a cohesive whole,
directing the allocation of organizational
resources toward the development of a
distinctive competence
□ Strategic management
- The process of identifying and executing the
organization’s strategic plan, by matching
the company’s capabilities with the demands
of its environment
What is Strategic HRM?
□ Two step definition:
□ The HR System is the set of policies and
practices that mediate the relationship
between employer and employee.
Sourcing
• What to do
• What to
outsource
Human HR HR
Business • Infrastructure
Talent
Capital Function Value
Strategy Proposition • Process
Strateg Strategy • Technology
y • Organization
Governance
• How will we
lead the
function
Role Deliverable
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Evolution of HR Roles
Mid 1990s Mid 2000s
Employee Champion Employee Advocate,
Human Capital Developer
Administrative Expert Functional Expert
Future/
Strategic
focus
Strategic Strategic
partner Partner
(Change
Process agent) Peopl
es e
□ HR Theory
□ HR Competencies
□ HR Value Proposition
□ HR Governance
□ Organizational Culture and System
□ Changing Political Scenario
□ Relevant Laws
□ Corporate Culture