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HRM Reviewer Midterm

The document provides an overview of Human Resource Management (HRM), detailing its objectives, evolution, functions, and importance in enhancing organizational efficiency and culture. It also discusses the limitations of HRM, key management principles, and the HR planning process, emphasizing the need for alignment with business strategy. Additionally, it outlines managerial roles and the significance of job design and analysis in effective HR practices.
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0% found this document useful (0 votes)
9 views6 pages

HRM Reviewer Midterm

The document provides an overview of Human Resource Management (HRM), detailing its objectives, evolution, functions, and importance in enhancing organizational efficiency and culture. It also discusses the limitations of HRM, key management principles, and the HR planning process, emphasizing the need for alignment with business strategy. Additionally, it outlines managerial roles and the significance of job design and analysis in effective HR practices.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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INTRODUCTION TO HRM C.

​ Objectives of HRM
-​ The objectives of HRM include:
A.​ What is Human Resource
Management (HRM)? ●​ Staffing:
-​ refers to the strategic and coherent -​ Ensuring the organization
approach to managing an has the right people in the
organization's most valuable right roles.
asset—its people. ●​ Development:
-​ Focuses on aligning employees with -​ Facilitating continuous
organizational goals. learning and skill
KEY ASPECT: enhancement.
-​ recruiting, selecting, training, and ●​ Compensation and Benefits:
developing employees -​ Structuring fair and
motivating reward systems.
●​ Employee Relations:
B.​ Evolution of HRM -​ Building harmonious
-​ The evolution of HRM can be relationships between
categorized into several phases: employees and
management.
●​ Early 20th Century ●​ Compliance:
-​ Personnel management -​ Ensuring adherence to labor
focused on administrative laws and regulations.
tasks like hiring and payroll.
●​ Post-World War II
-​ Emphasis shifted to D.​ Functions of HRM
employee welfare, benefits, -​ Key functions of HRM include:
and labor relations.
●​ 1980s–1990s 1.​ Recruitment and Selection
-​ Strategic HRM emerged, -​ Attracting and choosing the
aligning HR functions with right candidates.
broader business strategies. 2.​ Training and Development:
●​ Present Day -​ Enhancing skills and
-​ HRM is data-driven and knowledge for better
technology-enhanced, performance.
focusing on talent 3.​ Performance Management:
management, organizational -​ Monitoring and evaluating
development, and employee employee performance.
engagement. 4.​ Compensation Management:
-​ Designing fair and
competitive pay structures.
5.​ Employee Relations:
-​ Handling grievances,
disputes, and fostering a
positive work environment.
F. Importance of HRM H. Features of Competitive Business
-​ The importance of HRM lies in its Environment
ability to: -​ Today’s competitive business
environment is characterized by:
1.​ Enhance Organizational ●​ Globalization:
Efficiency -​ Companies are operating in
-​ By recruiting the right talent international markets.
and improving employee ●​ Technological Advancements:
productivity. -​ Rapid tech developments are
2.​ Build a Positive Work Culture: changing work dynamics.
-​ Ensuring employee ●​ Workforce Diversity:
satisfaction and low turnover. -​ Organizations are becoming
3.​ Ensure Compliance: more diverse in terms of age,
-​ By managing labor laws and gender, and culture.
regulations effectively.
4.​ Drive Organizational Change: BUSINESS TRENDS & HR
-​ HRM plays a key role in COMPETENCIES
managing change and 1.​ Digital Transformation: HR must
innovation. embrace tech solutions.
2.​ Flexible Work Models: Remote and
G. Limitations of HRM hybrid workforce management.
-​ Despite its significance, HRM faces 3.​ Sustainability: Implementing
several limitations: eco-friendly HR policies.
4.​ Employee Well-being: Focus on
1.​ Resistance to Change mental health and work-life balance.
-​ Employees and managers 5.​ Reskilling & Upskilling:
may resist new HR policies. Future-proofing employee
2.​ Cost capabilities.
-​ Implementing HRM
practices, such as training Key HR Competencies:
programs, can be expensive. -​ Strategic thinking
3.​ Measuring Effectiveness -​ Technological proficiency
-​ Quantifying HRM outcomes -​ Emotional intelligence
can be challenging, making it -​ Change management skills
hard to measure ROI.
4.​ Conflicts
-​ Managing diverse workforce
dynamics and resolving
conflicts can be complex.
LESSON 1 3.​ Quantitative Management Theory
PRINCIPLES OF MANAGEMENT -​ (mid-1900s)
-​ Applied mathematics and
A.​ What is Management statistics to management
-​ It is the process of coordinating and decision-making.
overseeing the work activities of
others so that their activities are 4.​ Systems and Contingency Theory
completed efficiently and effectively. -​ (1960s-1980s)
-​ Management involves planning, -​ Viewed organizations as
organizing, leading, and systems with interrelated
controlling organizational resources parts.
to achieve these goals. -​ The Contingency approach
suggested that management
Efficiency practices depend on
-​ involves doing tasks correctly and situational factors.
with minimum resources.
Effectiveness 5.​ Modern Management Theory
-​ refers to completing tasks that help -​ (late 20th century – present)
fulfill organizational goals. -​ Focuses on flexibility,
globalization, and innovation,
B.​ Evolution of Management with an emphasis on
-​ Management has evolved over time, leadership, organizational
adapting to changes in society and culture, and ethics.
business needs:
1.​ Classical Management Theory
-​ (late 1800s – early 1900s)
-​ Emphasized efficiency and
specialization.
Key figures include:
-​ Frederick Taylor (Scientific
Management)
-​ Henri Fayol (Administrative Theory),
-​ Max Weber (Bureaucratic Theory).

2.​ Behavioral Management Theory


-​ (early-mid 1900s)
-​ Focused on human relations
and employee behavior.
-​ Elton Mayo’s Hawthorne
Studies and Abraham
Maslow’s hierarchy of
needs are central to this era.
C.​ 14 Principles of Management (Henri Fayol)
1.​ DIvision of Work Specialization increases output.

2.​ Authority Managers must have the authority to give orders.

3.​ Discipline Employees must obey and respect rules.

4.​ Unity of Command Each employee should have one direct supervisor.

5.​ Unity of Direction Teams with the same objective should work under one
plan.

6.​ Subordination of Individual The organization’s interest should take priority.

7.​ Remuneration Workers must be paid fairly for their services.

8.​ Centralization Decision-making should be centralized depending on


circumstances.

9.​ Scalar Chain There should be a clear line of authority.

10.​ Order People and materials should be in the right place at the
right time.

11.​ Equity Managers should treat employees fairly.

12.​ Stability of Tenure High employee turnover should be avoided.

13.​ Initiative Employees should be encouraged to take initiative.

14.​ Esprit de Corps Promote team spirit and unity among workers.

D.​ Levels of Management 3.​ Lower-Level Management


1.​ Top-Level Management -​ (First-line managers)
-​ Includes the board of -​ Supervisors and team
directors, CEO, and other leaders who directly oversee
executives. daily operations and the work
-​ They are responsible for of employees.
long-term strategy and
overall organizational
direction.
2.​ Middle-Level Management
-​ Includes department heads,
division managers, and
branch managers.
-​ They implement policies
and plans created by
top-level management.
E.​ Types of Managers G.​ Basic Functions of Management
1.​ General Managers ●​ Planning
-​ Oversee an entire -​ Setting goals, determining
organization or a significant objectives, and identifying
part of it. the best strategies.
2.​ Functional Managers ●​ Organizing
-​ Responsible for a specific -​ Arranging resources, roles,
department or function (e.g., and responsibilities.
finance, marketing). ●​ Leading
3.​ Project Managers -​ Influencing and motivating
-​ Lead temporary projects with employees to achieve goals.
a specific goal and timeline. ●​ Controlling
4.​ Line Managers -​ Monitoring progress and
-​ Directly responsible for implementing corrective
producing goods or services. measures as needed.
5.​ Staff Managers
-​ Provide advice and support H.​ MANAGERIAL ROLES
to line managers. (MINTZBERG’S MANAGERIAL
ROLES)
F.​ The Management Process 1.​ Interpersonal Roles
-​ The management process involves a -​ Involve interactions with
series of activities, carried out by others, both inside and
managers to achieve organizational outside the organization.
goals: -​ These include being a
●​ Planning figurehead, a leader, and a
-​ Defining goals and deciding liaison.
the best way to achieve
them. 2.​ Informational Roles
●​ Organizing -​ Managers collect,
-​ Structuring resources and disseminate, and act as a
tasks to accomplish spokesperson for
objectives. information.
●​ Leading
-​ Motivating and directing 3.​ Decisional Roles
employees to achieve -​ Managers make decisions
organizational goals. that impact the organization.
●​ Controlling -​ These roles include
-​ Monitoring performance and entrepreneur, disturbance
making adjustments to stay handler, resource allocator,
on track. and negotiator.
HR PLANNING
A.​ Definition of HR Planning D.​ HR Strategy & Business Strategy
-​ HR Planning is the process of -​ HR strategy must align with the
forecasting future HR needs and overall business direction.
creating strategies to meet them. -​ Ensures the workforce can execute
business plans effectively.
-​ It focuses on anticipating workforce
demands, identifying skill/staffing E.​ Strategic Workforce Plan
gaps, and ensuring talent availability. -​ Integrates HR practices with
long-term goals.
B.​ Importance of HR Planning -​ Involves talent forecasting, adapting
1.​ Improves productivity to labor market trends, and ensuring
-​ Right people in the right talent development.
roles.
2.​ Cost efficiency F.​ Alternative Perspective on Jobs
-​ Avoids over/understaffing. 1.​ Job Design
3.​ Risk management -​ Structuring roles for
-​ Prepares for talent satisfaction, productivity, and
shortages. efficiency.
4.​ Better talent management 2.​ Job Description
-​ Supports recruitment, -​ Details duties,
training, and succession. responsibilities, and working
5.​ Strategic alignment conditions.
-​ Ensures HR supports 3.​ Job Specification
business goals. -​ Lists required qualifications,
skills, and experience.
C.​ Stages of HR Planning 4.​ Job Analysis
1.​ Analyze Organizational Objectives -​ Gather job data for
-​ Understand long-term recruitment, training, and
staffing needs. performance.
2.​ Forecast Demand for Labor
-​ Predict future hiring needs. G.​ Methods of Job Analysis
3.​ Assess Supply of Labor 1.​ Observation
-​ Check internal and external 2.​ Interview
sources. 3.​ Questionnaires
4.​ Gap Analysis 4.​ Work Diaries
-​ Compare current workforce 5.​ Critical Incident Techniques
vs. future needs.
5.​ Develop HR Strategies
-​ Action plans: recruitment,
training, retention.
6.​ Monitor and Review
-​ Continuously improve the HR
plan.

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