Human Resource Management Amitabha Sengupta Human Resource Management: A definition HRM is a process that helps managers plan ,recruit, select, develop, remunerate and maintain members of an organization. This approach treats people as resources Or assets rather than as costs to be managed. Amitabha Sengupta Premise of Human Resource Management Mutuality Amitabha Sengupta Eight Roles of Human Resource Management Maintaining Amitabha Sengupta Human Resource Management Objectives & Functions • Societal Objectives • Organizational Objectives 1. Legal compliance. 2. Benefits. 3. Industrial relations 1. 2. 3. 4. 5. 6. 7. • Functional • Personal Objectives Objectives H R Planning. Employee Rel. Selection Training & Dev. Appraisal Placement Assessment 1. Appraisal 2. Placement 3. Assessment Amitabha Sengupta 1. 2. 3. 4. 5. Training and dev. Appraisal. Placement. Compensation. Assessment. HRM Functions Amitabha Sengupta Five major HRM models: 1. Provide an analytical framework for studying HRM. 2. Legitimate certain HRM practices. 3. Establish variables and relationships to be researched. 4. Explain the nature and significance of key HR practices. Amitabha Sengupta Fombrun, Tichy & Devanna Emphasizes the interrelatedness and the coherence of HRM activities. HRM cycle: Selection, appraisal, development and rewards aim to increase organizational performance. Amitabha Sengupta Fombrun, Tichy & Devanna Amitabha Sengupta Fombrun, Tichy & Devanna Model : Evaluation Prescriptive. Ignores stakeholder interests, situational factors and notion of strategic choice. Expresses the coherence of internal HR policies and the importance of ‘matching’ them to external business strategy. Amitabha Sengupta Harvard Model: Basic features 1. Situational factors 2. Stakeholder interests 3. HRM policy choices 4. HR outcomes 5. Long-term consequences Amitabha Sengupta Harvard Model Amitabha Sengupta Harvard Model: Evaluation Classifies inputs and outcomes at both organizational and societal level. Absence of a coherent theoretical basis for measuring the relationship between HR inputs, outcomes and performance. Amitabha Sengupta Guest Model Reflects view that a core set of integrated HRM practices can achieve superior individual and organizational performance. HRM differs from personnel management. Amitabha Sengupta Guest Model Amitabha Sengupta Guest Model Amitabha Sengupta Warwick Model Extends the Harvard framework. Maps the connections between the outer and inner contexts and explores how HRM adapts to changes in context. Amitabha Sengupta Warwick Model Amitabha Sengupta Storey Model Demonstrates the differences between the ‘personnel and industrials’ and the HRM paradigm by creating an ‘ideal’ type. Characterizes HRM as ‘an amalgam of description, prescription, and logical deduction’. Amitabha Sengupta Storey Model Amitabha Sengupta Storey Model Amitabha Sengupta Key HR Activities Human Resource Planning Recruitment & Selection Compensation & Benefits Performance Appraisals Training & Development Amitabha Sengupta Amitabha Sengupta