Strategy With Resources and Capabilities: HRM Helps Companies Grow
Strategy With Resources and Capabilities: HRM Helps Companies Grow
policies. HRM is essential for avoiding problems like poor hiring, low performance, and legal
issues.
💡 Key Idea: A company’s success depends on how well it matches its internal strengths with
external opportunities.
💡 Key Idea: Companies that specialize in a few key areas perform better than those that
spread themselves too thin.
💡 Key Idea: Businesses should develop a culture where employees feel safe to experiment
and grow.
1. Planning
2. Organizing
3. Staffing
4. Leading
5. Controlling
● 3. Staffing:
● HRM is a process that includes:
1. Acquiring – Hiring employees.
2. Training – Helping them learn new skills.
3. Appraising – Evaluating their performance.
4. Compensating – Paying them fairly.
5. Ensuring Health & Safety – Keeping the workplace safe.
💡 Key Idea: HRM ensures employees are hired, trained, and managed effectively.
Good HR Management can help build competencies that will help your company improve its
performance, profits and achieve its strategic goals
💡 Key Idea: Learning HRM helps organizations run smoothly and avoid costly mistakes.
1. HR Profession
● HR involves managing human capital (employees) and ensuring they align with
company goals.
● HR professionals must understand employment laws and business strategy.
● Types of HR Roles:
○ HR Generalist – Handles multiple HR functions like hiring, training, and
employee relations.
○ HR Specialist – Focuses on one area, such as recruitment, payroll, or benefits.
2. HR Department
● Key HR Functions:
1. Acquiring – Hiring employees.
2. Training – Developing employee skills.
3. Appraising – Evaluating employee performance.
4. Compensating – Managing salaries and benefits.
5. Ensuring Compliance – Following labor laws and employee safety rules.
Recruitment Metrics:
HR Operations Metrics:
1. Absenteeism Rate – Number of working hours lost due to employee absence.
2. Health & Wellness Program Participation – Employee engagement in wellness
programs.
● Calculates the financial value of HR activities and their impact on the company.
● Helps companies make better decisions on hiring, training, and retention.
● HRIS is software that helps manage HR tasks like payroll, hiring, and employee records.
● Benefits of HRIS:
1. Improved Data Accuracy – Reduces errors in employee records.
2. Automates HR Processes – Saves time on payroll and attendance.
3. Enhances Decision-Making – Provides useful reports and insights.
Conclusion
1. HR Department
● HR handles hiring, training, salaries, performance evaluation, and legal
compliance.
● HR ensures employees are managed well and company goals are met.
5. Sourcing in Recruitment
● Sourcing is actively finding candidates rather than waiting for them to apply.
● Methods include:
○ Job postings on company websites and social media.
○ Networking at events and online platforms.
○ Employee referrals (asking current employees to recommend candidates).
○ Using AI and recruitment tools to find the best candidates.
7. Onboarding
● Onboarding helps new employees adjust to the company.
● Steps include:
1. Welcome communication – Introducing the new hire to the team.
2. Training on company policies – Rules and regulations.
3. Providing equipment – Laptops, access cards, etc.
4. Performance expectations – Setting job goals.
5. Mentorship – Assigning a guide to help the new employee.
9. Career Development
● Career development helps employees grow within the company.
● It involves:
○ Self-reflection – Understanding personal strengths and weaknesses.
○ Setting career goals – Short-term and long-term goals.
○ Training programs – Workshops and certifications.
○ Mentorship – Learning from experienced employees.
○ Networking – Connecting with industry experts.
Final Thoughts
● HRM covers everything from hiring to employee exit.
● A good HR strategy keeps employees happy, motivated, and productive.
● HR ensures the company meets its goals while following labor laws.
● PPT 4
1. HR Department
The HR department has different functions:
Final Thoughts
● HR is responsible for hiring, training, managing employee relations, and ensuring
fair compensation.
● Companies must focus on fair pay, good training, and strong employee engagement
to succeed.
● HR policies should follow legal guidelines to avoid workplace conflicts and issues.
PPT 5
1. Employee Relations
● Employee relations means managing the relationship between the employer and
employees.
● It includes:
○ Communication – Keeping employees informed.
○ Conflict resolution – Solving disputes at work.
○ Grievance handling – Addressing employee complaints.
○ Employee engagement – Keeping employees motivated and happy.
5. Legal Compliance in HR
HR must follow labor laws to protect employee rights.
Some important laws include:
6. Performance Management
● Performance management is about tracking and improving employee performance.
● It helps employees meet company goals and grow in their careers.
1. Alignment with business strategy – Company structure should match business goals.
2. Optimized resources – Efficiently using employees and technology.
3. Accountability & empowerment – Clearly defining responsibilities.
4. Scalability – Making sure the structure works for future growth.
5. Innovation – Encouraging creativity and improvements.
● Employees are divided into departments like marketing, finance, and HR.
● Best for stable environments with repeatable processes.
2. Divisional Structure
3. Matrix Structure
● Employees report to two managers – one from their department and one from a project.
● Best for dynamic companies needing cross-functional collaboration.
4. Network/Agile Structure
● Uses teams, partners, and freelancers for fast and flexible work.
● Best for tech companies and startups.
Final Thoughts
● HR is responsible for hiring, training, managing employee relations, performance
management, and compliance.
● A well-structured HR system helps a company grow while keeping employees
satisfied.
● Using HRIS software makes HR tasks easier and more efficient.
IMPORTANT:
● Employees are grouped based on their expertise (e.g., Marketing, Finance, HR).
● Each department has a single manager.
● Best for stable companies with clear job roles.
Matrix Structure
Block Diagram:
Functional Structure:
---------------------
CEO
│
├── Marketing Dept
├── Finance Dept
├── HR Dept
└── IT Dept
Matrix Structure:
-----------------
CEO
│
├── Marketing Head ──── Project A ─── Employee
├── Finance Head ──── Project B ─── Employee
├── HR Head ──── Project C ─── Employee
└── IT Head ──── Project D ─── Employee
1. Hiring the right talent – Employees must align with company goals.
2. Training & development – Skills should match future company needs.
3. Performance management – Ensuring employees contribute effectively.
4. Employee engagement – Keeping employees motivated and productive.
5. Compliance & risk management – Avoiding legal issues.
Block Diagram:
Block Diagram:
Skill Level ↑
│ ░░░░░░
│ ░ ░ Curve Patrix Model
│ ░ ░ (Employee Growth)
│ ░ ░
│░░░░░░░░░░░░░░
└────────────────→ Time
Challenges
Block Diagram:
mathematica
CopyEdit
Set Goals ─► Monitor ─► Evaluate ─► Train ─► Reward ─► Business
Success
9. Feedback Mechanism
● HR uses feedback to improve employee performance.
● Types of feedback:
1. 360-degree feedback – Input from peers, managers, and clients.
2. One-on-one feedback – Direct conversations with managers.
3. Anonymous surveys – Employees provide feedback privately.
4. Performance appraisals – Yearly reviews.
Block Diagram:
nginx
CopyEdit
Performance Review ─► Feedback ─► Employee Improvement ─► Company
Growth
10. HRIS Examples (HR Information Systems)
HRIS software helps HR manage employee data.
Popular examples:
11. HR Functions
1. Recruitment – Hiring the right people.
2. Training & Development – Improving employee skills.
3. Performance Management – Tracking employee work.
4. Compensation & Benefits – Managing salaries and perks.
5. Compliance & Employee Relations – Following labor laws.
Block Diagram:
nginx
CopyEdit
HR Functions ─► Hiring ─► Training ─► Performance Management ─►
Compensation ─► Compliance
Block Diagram:
nginx
CopyEdit
Diversity ─► Better Ideas ─► More Talent ─► Happy Employees ─►
Business Growth
Final Thoughts
● HR is essential for hiring, training, managing employees, and following laws.
● Using HRIS tools makes HR work easier and more effective.
● Companies that focus on diversity, training, and performance management grow
faster.