This document covers the key concepts and functions of human resource management including: the concept of HRM, the role and competencies of HR managers, HR policies, and emerging challenges. It defines HRM and discusses its objectives and functions. It describes the roles of HR managers as counselors, trainers, problem solvers, and advisors. It also outlines the competencies required of HR managers including human relations, decision making, leadership, technical, communication, and motivational skills. Furthermore, it explains the purpose and development of HR policies within organizations.