Introduction to HRM

Definition HR Management
A formal systems in an organization to ensure effective and efficient use of human talent to accomplish organization goals.

HR Activities

1. strategic HR management
2. equal employment opportunity
3. staffing
4. HR development
5. compensation and benefits
6. health, safety, and security
7. employee and labor relationship

Management Of Human Capital In Organization

1. Human Capital - collective value of capabilities, knowledge, skill, life experience and motivation
2. Core Competency - a source of competitive advantage

HR Management Challenges

1. Globalization of business
2. Economic and technology change
3. Technological shift and the internet
4. Workforce availabilty and quality concern
5. Workforce demographics and diversity
6. Organizational cost pressures and restructuring

HRM Roles

1. Administrative roles - clerical and administrative
2. Operational and Employee Advocate Role - employee concerns
3. Strategic Roles - contribute at the table to the organizational result