Human resource management (HRM) is the strategic approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage.
In other words, HRM refers to the policies and practices involved in carrying out the human resource aspects of a management position including, recruiting, screening, training, rewarding and praising.
Note:- Human beings become human resources when they combine energy and physical strength with competencies. Competencies consist:- 1. knowledge 2. Skills 3. Attitudes 4. Potential
Characteristics of HRM
Human Resource Management (HRM) is a vital function within organizations that focuses on managing and maximizing the potential of human capital to achieve organizational goals.
HRM encompasses a wide range of activities and responsibilities, and its characteristics include:-
- Human focus
- Management function
- Pervasive function
- Continuous process
- Dynamic process
- System
- Mutuality- oriented
Human focus: HRM is focused on the people in an organization and their needs. It is concerned with attracting, retaining, and developing employees, and creating a positive work environment.
Management function: HRM is a management function that is responsible for planning, organizing, directing, and controlling the human resources of an organization.
Pervasive function: HRM is a pervasive function that affects all aspects of an organization. It is involved in everything from recruitment and selection to performance management and employee relations.
Continuous process: HRM is a continuous process that involves the ongoing acquisition, development, maintenance, and utilization of human resources.
Dynamic process: HRM is a dynamic process that must adapt to the changing needs of the organization and its environment.
System: HRM is a system that consists of interrelated parts that work together to achieve the organization’s goals.
Mutuality–oriented: HRM is mutuality-oriented, meaning that it seeks to benefit both the organization and its employees. It is based on the belief that when employees are happy and productive, the organization will be successful.
