In order to grow and survive in the long run an organization must employ the right people, with the right skills at the right place and time. Employees are the most valuable assets of an organization, therefore there must be a constant and conscious effort to realize organizational goals by satisfying the needs and aspirations of employees.
Human resource management is the art of procuring, developing and maintaining competent workforce to achieve organizational goals in an effective and efficient manner.
According to Invancevich and Glueck,
“HRM is concerned with the most effective use of people to achieve organizational and individual goals”
HRM takes account of all activities carried out by the employee during his/her entire working life. It starts from the Procurement of the employee until his/her separation from the organization.
About the Human Resource Management Notes/Ebook
BBA|mantra`s Human Resource Management Notes/E-book will serve as concise textbook for BBA/BBM/BMS/MBA and other management students and will provide a brief knowledge on various concepts of Human Resource Management. This ebook includes a concise presentation of the subject matter with extensive use of charts, tables and figures to help students understand the core concepts of Human Resource Management.
These human resource management notes are based on the latest syllabus of popular management colleges in India.
You can also find similar handouts/notes on various management subjects at www.bbamantra.com/enotes
Students who use these notes must also checkout Articles on Human Resource Management for the complete overview of the subject and you can also find useful HRM projects and presentation at www.bbamantra.com/projects-and-presentations
Table of Contents
Introduction to HRM
Challenges and Issues in HRM
HRM v/s HRD,
HRM v/s Personnel Management
Functions of HRM
Role of a HR Manager
Human Resource Planning
Recruitment & Selection
Placement & Induction
Promotion & Demotion
Transfer & Employee Separation