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Chapter-1: Human Resources Management

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CHAPTER-1

INTRODUCTION

INTRODUCTION

Human Resources Management:

Human Resource Management (HRM) is the function within an organization


that focuses on recruitment of, management of, and providing direction for the people
who work in the organization. Human Resource Management can also be performed by
line managers.

Human Resource Management is the organizational function that deals with


issues related to people such as compensation, hiring, performance management,
organization development, safety, wellness, benefits, employee motivation,
communication, administration, and training.

Human resource management (HRM) is the strategic and coherent approach to


the management of an organization's most valued assets - the people working there who
individually and collectively contribute to the achievement of the objectives of the
business.[1] The terms "human resource management" and "human resources" (HR) have
largely replaced the term "personnel management" as a description of the processes
involved in managing people in organizations. [1] In simple words, HRM means employing
people, developing their capacities, utilizing, maintaining and compensating their services
in tune with the job and organizational requirement.

Human Resources Development:

Human Resource Development (HRD) is the framework for helping employees


develops their personal and organizational skills, knowledge, and abilities. Human
Resource Development includes such opportunities as employee training, employee
career development, performance management and
development, coaching, mentoring, succession planning, key employee
identification, tuition assistance, and organization development.
The focus of all aspects of Human Resource Development is on developing
the most superior workforce so that the organization and individual employees can
accomplish their work goals in service to customers.
Human Resource Development can be formal such as in classroom training, a
college course, or an organizational planned change effort. Or, Human Resource
Development can be informal as in employee coaching by a manager. Healthy
organizations believe in Human Resource Development and cover all of these bases.

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