Nature of Hrm

14
NA TURE OF HUMAN RESOURCE MANAGEMENT Unit 1

Transcript of Nature of Hrm

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NATURE OF HUMANRESOURCE

MANAGEMENTUnit 1

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Human Resources (HR)

The people anorganization employs to

carry out arious !o"s#tas$s# an% &unctions ine'change &or (ages#

salaries# an% otherre(ar%s)

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What Is Human ResourceManagement (HRM) ?

 The comprehensive set ofmanagerial activities and tasksconcerned ith developing andmaintaining a !uali"edorkforce#human resources#

in a$s that contri%ute toorgani&ational e'ectiveness

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U*+TI,*- , HRMMANAGER*A+FUNCT*ONS

O,ERAT*-EFUNCT*ONS

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.asic Functions o& Human ResourceMana ement

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23I*ITI,*It is the planning5 organi&ing5 directing

and controlling of the procurement5

development5 compensation5 integration5maintenance5 and separation of humanresources to the end that individual5organi&ational and societal o%6ectives are

accomplished

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Goals of Human Resource

Management

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•Contemporary HRM Perspectives

Recognizing the importance of people

as a source of competitive advantageHiring, rewarding, and managing people

effectively within the limits of the law

Balancing legal and ethical concernswith the needs of the organization

7 891: +engage /earning /earning India .vt /td 0llrights reserved

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HRM in the 3lectronic 0ge

3lectronic technolog$ has not drasticall$a'ected ho human resources are managed5%ut certainl$ is no a'ecting ho HRMs$stems are delivered

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e/HRM

e;HRM (electronic HRM) uses e%application technolog$ to provide an on;line real;time solution

 To features are com%ined together ine;HRM< use of electronic media andparticipation of users

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HR Analytics

HR 0nal$tics is going to have a %ig impact onorgani&ations in $ears to come

 Through application of statistical techni!ues(eg5 regression anal$sis5 cluster anal$sis5factor anal$sis etc) and s$nthesis of multiple

sources of data HR 0nal$tics orks as adecision support s$stem and provides muchneeded %usiness insights to HR professionals

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Human Resource Management atTata Consultancy Serices

+0-3 -TU2= 1

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Case Summary

 Tata +onsultanc$ -ervices (T+-)5 India>s largest IT eporter

ith approimatel$ @ lakhs emplo$ees has %een consistentl$ ranked as one of the %est companies to ork for in various surve$s

Increasing challenge for T+- is to integrate di'erent emplo$ees fromdi'erent countries under the same T+- core value s$stem

2uring recession5 like man$ other IT ma6ors5 T+- also had to announcepa$ cuts

,ver the $ears it has learnt that more than pa$ hike hat matters toemplo$ees is a s$stem of emplo$ee recognition

 Thus T+- has a num%er of emplo$ee recognition initiatives

 Though entr$ level salar$ at T+- is !uite lo5 T+- provides one of the%est healthcare facilities to its emplo$ees

0part from regular ton hall meetings5 career counseling5 communication

to emplo$ees through nesletters5 intranet5 etc5 T+- has initiated an initiative called Maitree It essentiall$ tries to engage

ith emplo$ees outside their ork domain through initiatives such asphotograph$ clu%s5 dance clu%s5 adventure clu%s

Integrating diverse orkforce still remains a challenge for T+- ith itsincreased scale of operation

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ASS*GNMENT 01. Can you think about similar cases from

other industry where increasing scale ofoperation has created integration challengesin HR domain? How did they meet theseintegration challenges?

2. Can you suggest what more TCS needs to

do to integrate its dierse workforce?