Chapter-1: HRM Functions and Strategy

Chapter-1
HRM Functions and Strategy
Parul Akhter
1 Associate Professor
School of Business
Ahsanullah University of Science and Technology
141-142 Love Road, Tejgaon Industrial Area
Dhaka-1208, Bangladesh
2 Human Resource Management
 What Is Human Resource Management (HRM)?

 The process of acquiring, training, appraising, and compensating
employees, and of attending to their labor relations, health and safety,
and fairness concerns.
 Organization
 People with formally assigned roles who work together to achieve
the organization’s goals.
 Manager
 The person responsible for accomplishing the organization’s goals,
and who does so by managing the efforts of the organization’s
people.
3 Describe the Importance of
Human Resource Management
 Strategy management: This is an important aspect of any organisation and plays a vital role in human resource
management. HR managers manage strategies to ensure the organisation reaches its business goals, as well as contributing
significantly to the corporate decision-making process, which includes assessments for current employees and predictions
for future ones based on business demands.
 Benefits analysis: HR managers work towards reducing costs, such as with recruitment and retention. HR professionals are
trained to conduct efficient negotiations with potential and existing employees, as well as being well-versed with employee
benefits that are likely to attract quality candidates and retaining the existing workforce.
 Training and development: Since HR managers contribute significantly to training and development programmes, they
also play a pivotal role in strengthening employer-employee relationships. This contributes to the growth of employees
within the company, hence enhancing employee satisfaction and productivity.
 Interactivity within employees: HR managers are responsible for conducting activities, events and celebrations in the
organisation which gives way to team building opportunities. Moreover, it enhances interactivity within employees and
instils a sense of trust and respect among peers.
 Conflict management: The department to go to when any kind of professional conflict arises between employees is HR.
They ensure that issues and conflicts are resolved effectively, approaching the problem with an unbiased attitude and
encouraging effective communication to reach a solution. In addition, they help employees understand various ways of
developing effective work relationships and the importance of not letting personal judgement affect their behaviour.
 Establishing a healthy work culture: A healthy work culture is pivotal in bringing out the best in employees. HR managers
contribute significantly in setting up a healthy and friendly work culture, which further translates into better productivity
among employees.
 Compliance: HR professionals work towards making the organisation compliant with employment laws, as well as
maintaining records of
The Management Process
Planning
Controlling Organizing
Leading Staffing
5 Human Resource Management
Process
Acquisition
Fairness Training
Human
Resource Management
(HRM)
Health and Safety Appraisal
Labor Relations Compensating

6 Role of HR managers
Recruitment
Compensation and Benefits

Role of HR Learning and Development
Managers
Building
Employee
Identify the Primary External Environmental
Influences
7 Affecting Human Resource
Management
 Government Regulations
 Economic Conditions
 Technological Advancements
 Workforce Demographics
8 Characterize How Management Practices
Affect Human Resource Management
 Management practices affect HRM in various ways. As new ideas

or practices develop in the field, they typically have HRM
implications. Management requires support from HRM to operate
successfully.
9 Discuss the Effect of Labor Unions
on Human Resource Management
 The presence of labor unions can change human
resources procedures in a company. In the absence
of unions, human resources managers develop policies related to
hiring, compensation and benefits based upon their research
and management's determination of business needs.
10 Outline the Components and Goals of the
Staffing, Training, and Development Functions
 The components of the staffing function include strategic human

resource planning, recruiting, and selection.
 The goal of the staffing function is to locate and secure
competent employees.
 The training and development, organization development and
career development.
 The goal of the development function is to adapt competent
workers to the organization and help them obtain up-to-date
skills, knowledge, and abilities for their job responsibilities.
11 Explain How Human Resource
Management Practices Differ in Small
Businesses and in an International
setting
 Business Size
 Business Responsibilities
 Resources
 Recruiting
 Staffing
 Training and Development

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Chapter-1

HRM Functions and Strategy

 What Is Human Resource Management (HRM)?

Labor Relations Compensating

Compensation and Benefits

 Management practices affect HRM in various ways. As new ideas

 The components of the staffing function include strategic human

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