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PhD, NET(UGC), MBA (Finance), M.com (Finance), B.COM (professional), B.Ed (Commerce + English), DIM, PGDIM, PGDIFM, NIIT Accounting package...

Tuesday, August 18, 2015

BBA HRM MEANING FEATURES AND EVOLUTION

Definition of Human Resource Management (HRM)
Activities undertaken to attract, develop and maintain an effective workforce within an organization.
OR
Edwin Flippo defies HRM as “planning, organizing, directing, controlling of procurement, development, compensation, integration , maintenance and separation of human resources to the end that individual, organizational and social objectives are achieved".
Features of HRM or Characteristics/Nature
  • HRM involves management functions like planning, organizing, directing and controlling.
  • It involves procurement, development, maintenance of human resource
  • It helps to achieve individual, organizational and social objectives
  • HRM is a mighty disciplinary subject. It includes the study of management psychology communication, economics and sociology.
  • It involves team spirit and team work.
Evolution of HRM
The evolution of HRM can be traced back to Kautilya Artha Shastra where he recommends that government must take active interest in public and private enterprise. He says that government must provide a proper procedure for regulating employee and employee relation.
The international institute of personnel management and national institute of labour management were set up to look into problems faced by workers to provide solutions to them. The Second World War created awareness regarding workers rights and 1940’s to 1960’s saw the introduction of new technology to help workers.
The 1960’s extended the scope of human resource beyond welfare. Now it was a combination of welfare, industrial relation, administration together it was called personnel management.
With the second 5 year plan, heavy industries started and professional management became important. In the 70’s the focus was on efficiency of labour wile in the 80’s the focus was on new technology, making it necessary for new rules and regulations. In the 90’s the emphasis was on human values and development of people and with liberalization and changing type of working people became more and more important there by leading to HRM which is an advancement of personnel management.

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