Lesson 1 Functions Of Management

HUMAN RESOURCE MANAGEMENT –INTRODUCTION AND IMPORTANCECONCEPTUAL BETWEEN PERSONNEL MANAGEMENT AND HRM – STRATEGIC HRM- ROLE OF A HR MANAGER Management is a process. This process involves taking decisions, tactfully managing people. The objectives of management are profit of organization, growth of organization, expansion, reputation. Process administration, structure organization, and management are interrelated. They are policies, vision and mission respectively. Comparison is with body of human being. Organization is collecting people for functioning and creating a structure of body. Capital factors of management are: Man or workman (HR) who is related to Machines, Money, Material and Method [5 M of management] HR person has his own skills, knowledge attitude and aptitude. Scope is to increase the commitment of HR for feeling of belongingness for sake of compliance, confidence actuating, coordinating and controlling. Planning: informed anticipation of future. Requirement is exquisite study of strategy. Strategy is determination to achieve long term goals. What should be resources? Organizing – infrastructure. HR – job analysis—specification—qualification – staffing.