Introduction to Human Resource Management

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14 Terms

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Human Resource Management (HRM)

responsible for managing the most valuable asset → people

involves:

  • Acquiring, training, appraising, and compensating employees

  • Recruiting top talent and providing development opportunities

  • Attending to employees’ labor relations, health, and safety

  • Ensuring fairness and promoting equity and inclusion

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The Management Process

  1. Planning

  2. Controlling

  3. Organizing

  4. Staffing

  5. Leading

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Planning (Management Process)

setting goals, developing strategies, and creating action plans to achieve organizational objectives

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Controlling (Management Process)

monitoring performance, comparing results to objectives, and making necessary adjustments

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Organizing (Management Process)

structuring resources, defining roles and responsibilities, and establishing communication channels

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Staffing (Management Process)

Recruiting selecting, and inspring employees to achieve organizational goals.

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Leading (Management Process)

Guiding, motivating, and inspiring employees to achieve organizational goals

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The People side

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Importance of HR fro Everyone

  • Avoiding Personnel Mistakes

  • Improving Profits and Performance

  • Career Advancement

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Line Authority

  • Direct chain of command in an organization

  • Power to make decisions and give orders to subordinates

  • Line managers have direct responsibility for achieving the main objectives

  • Handle day-to-day people management tasks

  • Conduct performance evaluations and disciplinary actions

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Staff Authority

  • Advisory in nature

  • Staff managers provide expert advice and support

  • No direct authority over employees outside their department

  • Offer specialized knowledge in recruitment,training,etc

  • Develop HR policies and guidelines

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