Introduction:
The process of defining HRM leads
us to two different definitions. The first definition of HRM is that it is
the process of managing people in organizations in a structured and thorough
manner.
The
second definition of HRM encompasses the management of people in
organizations from a macro perspective i.e. managing people in the form of a collective
relationship between management and employees.
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One of the factors behind organizations
giving a lot of attention to their people is the nature of the firms in the
current business environment. In the
manufacturing and the traditional sectors, the need to remain competitive has
meant that firms in these sectors deploy strategies that make effective use of
their resources.
Strategic Management and HRM
It is needed to align organizational
goals with that of the HR strategy to ensure that there is alignment of the
people policies with that of the management objectives. The aims of strategic
management
are to provide the organization with a sense of direction and a feeling of
purpose.
Job Prospects
There
are multiple job opportunities in this field
- HR Generalist
- Staffing Director
- Technical Recruiter
- Compensation Manager
- Employee Relations Manager
- Employment or Placement Manager
- Director of HR Training and
Development
- Organizational development and
change consultant
Certified courses:
Essentials
of Human Resources
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Effective
Performance Management
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Employee
Recruitment, Selection and Placement
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Employee
Relations
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Human
Resource Systems and Technology
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Talent
Management and Workforce Development
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Total
Compensation
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Software
Features
Software offers a complete
suite of human capital management / human resource management tools. This
includes employee information management, employee absence management /
employee holiday management or employee leave management, recruitment
management, employee performance evaluation and many other HR management
tools.
Conclusion:
In
conclusion, the practice of HRM needs to be integrated with the overall
strategy to ensure effective use of people and provide better returns to the
organizations in terms of ROI (Return on Investment) for every rupee or
dollar spent on them. Unless the HRM practice is designed in this way, the
firms stand to lose from not utilizing people fully. And this does not bode
well for the success of the organization.
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