Quick Summary
Human Resource Management treats employees as valuable organisational resources. Machines and money matter, but people decide how well they are used.
Objectives of HRM
1. Use human resources effectively 2. Develop employee skills and knowledge 3. Maintain good industrial relations 4. Improve employee satisfaction 5. Help achieve organisational goals
Main Functions
Managerial Functions
- Planning
- Organising
- Directing
- Controlling
Operative Functions
- Procurement
- Development
- Compensation
- Integration
- Maintenance
- Separation
Importance
- Ensures right person for the right job
- Improves productivity
- Reduces labour turnover
- Builds employee morale
- Helps adapt to business change
HRM vs Personnel Management
| HRM | Personnel Management |
|---|---|
| Strategic and development-oriented | More administrative in approach |
| Treats employees as assets | Often treats employees mainly as labour |
| Focuses on motivation and growth | Focuses on records and welfare |
| Linked with organisational goals | Linked more with routine administration |
Important Questions
One Mark
1. Expand HRM. 2. Name one operative function of HRM. 3. What does procurement mean in HRM?
Short Answer
1. State any three objectives of HRM. 2. Distinguish between managerial and operative functions. 3. Write any three importance points of HRM.
Long Answer
1. Explain the functions of HRM. 2. Explain the importance of HRM in an organisation. 3. Distinguish between HRM and personnel management.
Common Mistakes
- Writing only recruitment when the question asks about HRM.
- Forgetting the difference between managerial and operative functions.
- Treating employees as cost only, instead of resources.
- Leaving out employee development in long answers.
Revision Checklist
- [ ] Meaning of HRM
- [ ] Five objectives
- [ ] Managerial vs operative functions
- [ ] Importance of HRM
- [ ] HRM vs personnel management
Frequently Asked Questions
Human resource management is the process of planning, acquiring, developing, motivating, and maintaining people in an organisation.