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Lecture Review on HRM BY FAROOQUE ALI KHAN..pptx.ppt
- 2. WAPDA ADMINISTRATIVE STAFF COLLEGE ISLAMABAD Lecture Review On Human Resource Management Lecture Delivered By: Mr. Hassaan Rashid Director Estab. WAPDA House 29.03.2024 Online Lecture Reviewed By: Farooque Ali Khan DCM QESCO MKN Participant of 145th MMC On 09-04-24
- 3. HUMAN RESOURCE MANAGEMENT & DEVELOPMENT
- 4. Resource In business, a resource is anything that can be used to produce value. Key Resources can be categorized as follows: 1.Financial 2.Physical 3.Intellectual 4.Human 4
- 5. Key Resources Financial resources: These are the resources that provide funding for an organization, such as cash, investments, and loans. Physical resources: These are the resources that can be seen and touched, such as land, buildings, and machinery. Intellectual resources: Intellectual property resources such as brands, proprietary knowledge, patents and copyrights, partnerships, and customer databases are increasingly important components of a strong business model. Human resources: These are the people who work in an organization and provide the labor that is necessary to produce the goods and services that an organization provides. 5
- 6. Management Management is the attainment of organizational goals in an effective and efficient manner through planning, organizing, staffing, directing and controlling organizational resources.
- 7. Functions of Management 7 Planning The process of setting objectives and determining what actions should be taken to accomplish them. Organizing The process of assigning tasks, allocating resources, and coordinating work activities. Leading The process of arousing peoples enthusiasm to work hard and direct their efforts to achieve goals Controlling The process of measuring work performance and taking action to ensure desired results
- 10. Mother, may I ask you some questions? Sure, why son, is there something bothering you? Ali Hadi
- 11. OK, then why are our legs long and our feet rounded? Son, obviously they are meant for walking in the desert better than anyone does.
- 12. My son, those long thick eyelashes are your protective cover. They help to protect your eyes from the desert sand and wind. OK, then why are our eyelashes long? Sometimes it bothers my sight.
- 13. I see. So the hump is to store water when we are in the desert, the legs are for walking through the desert and these eyelashes protect my eyes from the desert sand
- 14. Just one more question Mother Yes, dear?
- 15. What the hell are we doing in the ZOO?! ? ? ?
- 16. SKILLS, KNOWLEDGE, ABILITIES AND EXPERIENCES ARE ONLY USEFUL IF YOU ARE AT THE RIGHT PLACE!
- 17. What Is Human Resource Management (HRM)? Organizations methods and procedures for managing people to enhance skills and motivation Activities to enhance the organizations ability to attract, select, retain and motivate people
- 18. Why HRM is Important to an Organization? It is important to remember that the people who do the work and create the ideas allow the organization to survive
- 19. Human Resource Management (HRM) The policies, practices, and systems that influence employees: behavior attitudes performance
- 20. Human Resource Management Human Resource Management includes all activities used to attract & retain employees and to ensure they perform at a high level in meeting organizational goals. These activities are made up of 1. Recruitment & selection. 2. Training and development. 3. Performance appraisal and feedback. 4. Pay and benefits. 5. Labor relations. 20
- 21. Functions of HRM
- 22. Definition of HRD A set of systematic and planned activities designed by an organization to provide its members with the necessary skills to meet current and future job demands.
- 23. Staffing Function Activities Employment planning ensures that staffing will contribute to the organizations mission and strategy Job analysis determining the specific skills, knowledge and abilities needed to be successful in a particular job defining the essential functions of the job Fundamentals of Human Resource Management 8e, DeCenzo and Robbins
- 24. Fundamentals of Human Resource Management, 10/e, DeCenzo/Robbins Chapter 11, slide 24 Types of Reward Plans intrinsic rewards (personal satisfactions) come from the job itself, such as: pride in ones work feelings of accomplishment being part of a work team a extrinsic rewards come from a source outside the job, mainly by management: money promotions benefits Intrinsic versus Extrinsic Rewards
- 25. Training and Development (T&D) Training improving the knowledge, skills and attitudes of employees for the short-term, particular to a specific job or task e.g., Employee orientation Skills & technical training Coaching
- 26. Training and Development (T&D) Development preparing for future responsibilities, while increasing the capacity to perform at a current job Management training
- 27. Benefits of Training and Development Training and development helps the employees to achieve their personal goals which in turn help to achieve the overall organizational objectives. Thus, we can bifurcate the benefits of training and development into two broad heads: i. Organizational benefits ii. Personal benefits
- 28. 28 Training Development Current job Current / Future jobs Individuals Individuals or groups Immediate Long term Fix skill deficit Future demands
- 29. Q & A THANKS
Editor's Notes
- #19: Many companies refer to HRM as involving people practices.
- #28: This graphic summarizes the differences between training and development. The scope of training is on individual employees, whereas the scope of development is on the entire work group or organization. Training is job-specific and addresses particular performance deficits or problems. In contrast, development is concerned with the work forces skills and versatility.