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Advanced Human Resource Management
Subject: ADVANCED HUMAN RESOURCE MANAGEMENT
Credits: 4
SYLLABUS
Introduction to Human Resource Management
Introduction: Nature, Philosophy, Need, Objectives and Evolution of Human Resources Management; HRM
Functions; HRD Concept; HRD Strategy; HR Responsibilities; Environmental Factors of HRM: Environmental
Factors, Challenges to HRM.
Concepts and Process of Human Resource Planning
Human Resource Planning: Importance, Process, Barriers; Strategic Planning; Human Resource Information
Systems (HRIS); Forecasting Demands: Forecasting Supply; Man Power Forecasting.
Emerging Trends in HRM
Outsourcing and its HR Dimensions; Human Resource Planning and Downsizing: Voluntary Redundancy and
Ways of Downsizing Processing; Importance of Bench Marking; Case Study: Bench Marking VRS Practices
and Compensation Management.
Job Analysis: Recruitment and Selection
Job Analysis: 6 Steps, Job Description vs. Job Specification, Methods of Collecting Job Analysis Information;
Role of Recruitment and Selection: Situational Factors in Recruitment, Recruitment Policy, External and
Internal Sources of Recruiting and its Merits and Demerits, Selection Process and its Types, Structured
Interview Guide.
Training and Development
Orientation; Training and Development; the Steps in Training Process; Career and Succession Planning: Career
Stages, Career Development, Career Management Succession Planning; Case Discussion on Succession
Planning.
Compensation
Introduction: Meaning, Objectives of Compensation; Components of Compensation System; Compensation
Management Process; Factors of Determining Pay Rates; Pay Incentives; Employee Benefits and Services; Case
Study: Comparing Industry Trends in Pay Rates such as FMCG.
Performance Appraisal
Introduction; Methods of Performance Appraisal; 360 Degree Feedback; Problems in Performance Appraisal;
Potential Appraisal: Steps of Potential Appraisal; Case Study: Performance Appraisal Systems in Indian Banks.
Suggested Readings:
1. Human Resource Management by Dessler, Gary, Publisher: Pearson Education Asia, New Delhi.
2. Human Resource Management by Aswthappa, Publisher: TMH, New .Delhi
3. Human Resource Management-Text & Cases, by Rao, V.S.P, Publisher: Excel Books, New Delhi.
4. Managing Human Resources by Ramaswamy, E., Publisher: Oxford University Press, New Delhi
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INTRODUCTION TO HUMAN RESOURCE MANAGEMENT
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Structure
1.1 Introduction
1.1.1 What is HRM?
1.1.2 Evolution of Human Resource Management
1.1.3 Human Resource Management: Nature
1.1.4 Human Resource Management: Scope
1.1.5 Human Resource Management: Objectives
1.2 Functions of HRM
1.3 Growing Importance of HRM Functions
1.3.1 Factors Contributing to the Growing Importance of HRM
1.4 Concepts and Essential of Management
1.5 Concept of HRD
1.6 HRD Strategies
1.7 Key Responsibilities of HR Manager
1.8 Environmental Factors of HRM
1.9 Challenges to HRM
1.10 Review Questions
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1.1 INTRODUCTION
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This unit introduces the students with the basic concepts of the Human Resource Management
(HRM). In this unit we will be discussing the three main things, i.e. the introduction to HRM, the
importance of HRM, and functions of HRM.
A basic concept of management states that manager works in organizations. Organization has
three basic components, People, Purpose, and Structure. HRM is the study of activates regarding
people working in an organization. It is a managerial function that tries to match an
organization’s needs to the skills and abilities of its employees. Let’s see what is meant by the
three key terms… human, resource, and management.
• Human (Homo-sapiens – Social Animal)
• Resources (Human, Physical, Financial, Technical, Informational etc)
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• Management (Function of Planning, Organizing, Leading & Controlling of organizational
resources to accomplish goals efficiently and effectively)
1.1.1 What is HRM?
As discussed earlier that HRM is the management of people working in an organization, it is a
subject related to human. For simplicity, we can say that it is the management of humans or
people. HRM is a managerial function that tries to match an organization’s needs to the skills
and abilities of its employees. Human Resource Management is responsible for how people are
managed in the organizations. It is responsible for bringing people in organization helping them
perform their work, compensating them for their work and solving problems that arise.
Let us understand it by dividing the term into its subparts.
• Human – people, us
• Resource – assets/costs for organizations
• Management – co-ordination and control to achieve set goals
But humans, unlike other resources in the context of work and management, cause problems. But
why do we need to be managed? Since we all know we naturally are matured and educated
people. NO! it is not always so.
Because we disobey, misunderstand, answer back, challenge, have our own ideas about how
things might be done and have varying degrees of interest and motivation. Remember we talked
about individual and group difference in behavior in the last semester .This presents a challenge
to management in terms of securing effective control.
The solution to this problem could be many. For one, we could as well eliminate human element
from the workplace. What do you think?? Automated work organizations!!
Automation and use of technologies may replace or reduce significance of people in some
circumstances. But it may actually also require highly skilled and trained people to design,
maintain and operate the technology. And just how far can people be replaced by machines
anyway?
Machines could be used to tightly specify and control how people work - the classic assembly
line model. This may facilitate efficiency and control but can also lead to alienation, resistance
and conflict another alternative is to seek to maximize commitment of people by organizing
work and creating attitudes and behavior which generate best outcomes. Thus, HRM is basically
a search for “best practices” to generate high levels of employee commitment and performance.
But organizational practices may cause difficulties – down/right sizing or less secure
employment seems to sit uneasily against this rhetoric of HRM.
1.1.2 Evolution of Human Resource Management.
The early part of the century saw a concern for improved efficiency through careful design of
work. During the middle part of the century emphasis shifted to the employee's productivity.
Recent decades have focused on increased concern for the quality of working life, total quality
management and worker's participation in management. These three phases may be termed as
welfare, development and empowerment.
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