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    Human Resource Management

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    cathy
    Human resource management involves recruiting, selecting, training, and developing employees. It also includes administering compensation and managing employee performance. Managers develop a human resource plan by assessing organizational needs, setting objectives, analyzing current labor supply, determining future needs, and balancing needs with supply. They implement the plan by developing a budget and collaborating with departments. There are different ways to motivate employees, such as rewarding them, creating a friendly work environment, encouraging positive communication, teamwork, creativity, and friendly competition.

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    Human Resource Management

    Uploaded by

    cathy
    29 views4 pages
    Human resource management involves recruiting, selecting, training, and developing employees. It also includes administering compensation and managing employee performance. Managers develop a human resource plan by assessing organizational needs, setting objectives, analyzing current labor supply, determining future needs, and balancing needs with supply. They implement the plan by developing a budget and collaborating with departments. There are different ways to motivate employees, such as rewarding them, creating a friendly work environment, encouraging positive communication, teamwork, creativity, and friendly competition.

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    Human Resource Management (1)

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    Human resource management involves recruiting, selecting, training, and developing employees. It also includes administering compensation and managing employee performance. Managers develop a human resource plan by assessing organizational needs, setting objectives, analyzing current labor supply, determining future needs, and balancing needs with supply. They implement the plan by developing a budget and collaborating with departments. There are different ways to motivate employees, such as rewarding them, creating a friendly work environment, encouraging positive communication, teamwork, creativity, and friendly competition.

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    29 views4 pages

    Human Resource Management

    Uploaded by

    cathy
    Human resource management involves recruiting, selecting, training, and developing employees. It also includes administering compensation and managing employee performance. Managers develop a human resource plan by assessing organizational needs, setting objectives, analyzing current labor supply, determining future needs, and balancing needs with supply. They implement the plan by developing a budget and collaborating with departments. There are different ways to motivate employees, such as rewarding them, creating a friendly work environment, encouraging positive communication, teamwork, creativity, and friendly competition.

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    DMA 100

    INTRODUCION TO BUSINESS

    Q. Define human resource management and explain how managers develop and implement a
    human resource plan. Show too different ways of motivating the employees.

    Define human resource management

    Human resource management is the organizational function that manages all of the issues
    related to the people in an organization. This includes; recruiting, selecting, inducting
    employees, providing orientation, training and development, and setting goals and
    administering salaries, wages, and other compensation within an organization.

    It also involves directing activities such as performance appraisal, employee engagement,


    career planning, succession planning, terminations, disciplinary measures, and organizational
    development through communication. HRM also focuses on proactive approaches to an
    organization's most important asset, its human capital, in order to facilitate a strong and
    successful workplace.

    Explain how managers develop and implement a human resource plan.

    Human resource planning mostly deals with looking towards the future of the
    organization. When advertising for the position, they should consider how many people
    are needed and the type of people needed. Example if the organization needs a person
    who will perform well and first, they might consider a more experienced worker for
    hiring instead of an amateur
    Steps to Develop and implement a human resource plan

    1. Assess Organizational Needs: Managers should begin by knowing the organization's


    existing and future needs. This includes assessing the organizational structure, identifying
    skill shortages, forecasting future workforce needs, and taking into account any external
    factors that may have an impact on the organization's human resources.
    2. Set Objectives: Managers must develop clear and defined HR objectives based on an
    assessment of organizational needs. These goals should be aligned with the overarching
    strategic goals of the organization and should focus on areas such as talent acquisition,
    employee development, performance management, retention, and succession.
    The human resource planning process consists of four main, broad steps. Each step must
    be completed in order to reach the end goal of developing a plan that allows the
    organization to successfully find and retain enough skilled people to meet the company's
    demands.

    3. Analyzing the company's current labor supply

    The aim of this step of human resource planning is to identify the company's current human
    resources supply. Here the HR determines the strength of the employees based on their number,
    skills and performance level.

    4. Determine the company’s future labor needs

    Here, the HR department can consider certain issues like promotions, retirements, layoffs, and
    transfers—anything that factors into the future needs of a company. The HR department can also
    look at external conditions impacting labor demand, such as new technology that might increase
    or decrease the need for workers.

    5. Balancing the company's labor needs with its supply of employees

    The third step in the HRP process is forecasting the employment demand. HR creates a gap
    analysis that lays out specific needs to narrow the supply of the company's labor versus
    future demand.

    6. Developing and implementing the HR plan throughout the organization

    HR must now take practical steps to integrate its plan with the rest of the company. The
    department needs a budget, the ability to implement the plan, and a collaborative effort with
    all departments to execute that plan.
    Quality employees are a company's most valuable asset. Human resource planning involves
    the development of strategies to ensure that a business has an adequate supply of employees
    to meet its needs and can avoid either a surplus or a lack of workers.

    Different ways of motivating the employees.


     Rewarding employees

    Try giving simple incentives when rewarding engaged employees. It could be even a trip or
    a promotion, it does not have to be monetary value.

     Create a friendly work environment

    When you create a pleasant atmosphere where it is welcoming and comfortable, your
    employees will be more than eager to go to work every day.

     Positive communication is the key

    Everyone communicates at work and it is probably the easiest thing you can do with your
    employee. This will not only make your employees happy; it will also provide you with
    much-needed insight on your business from your employees.

     Encourage team work

    Try to remove any bureaucracy and hierarchy within the company and create an ‘openness’
    to new ideas at any level and working together as a team keeps employees motivated.

     Encourage creativity

    Creativity does not have to be based on the work that the employees are doing. It could be
    simple task like giving ideas on the next company retreat or team building exercises.

     Encourage friendly competition

    A little competition among the employees would not hurt. A competitive environment is a
    productive environment. Encourage employees to participate in competitions or challenges
    as it is healthy and may actually lead to increased companionship.
    REFERENCES

    Robert L. Mathias and John H. Jackson, (2006) Human Resource Management, 11th edition

    Schwind Das Wagar, (2010) Canadian Human Resource Management, 9th edition

    https://www.investopedia.com/terms/h/humanresources.asp

    https://www.aihr.com/blog/human-resources-functions/

    (International Journal of Business and Management Invention. "Human Resource Planning-An


    Analytical Study)

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