Thursday, January 23, 2025

Human Resource Management (For B.Com. Sem I Students)




What is HRM

Human Resource Management (HRM) means managing the people who work in a company. It’s about making sure employees are happy, skilled, and able to do their jobs well.

  • HRM focuses on people because they are the heart of any company.

  • Think of it as a team that helps workers and the company grow together.

Key Activities of HRM

HRM has several important jobs:

  1. Hiring: Finding the right people to work in the company.

  2. Training: Teaching workers new skills and improving their abilities.

  3. Motivating: Encouraging employees to work hard by offering rewards.

  4. Taking care of employees: Ensuring workers are happy and have fair pay and benefits.

  5. Solving problems: Helping workers when they face challenges or disagreements.


Slide 4: Why is HRM Important?

HRM is important because:

  • Employees work better when they are happy and feel cared for.

  • It helps the company achieve its goals by building a strong and skilled team.

  • Solves problems so the workplace is peaceful and productive.

  • Encourages teamwork and makes the company a better place to work.


Real-Life Example

Imagine a school:

  • The principal hires good teachers (Hiring).

  • Teachers are trained to use new teaching methods (Training).

  • They are praised when they do a great job (Motivating).

  • If teachers have problems, the principal listens and helps (Solving problems).

  • Everyone feels valued and works better as a team.


Fun Fact

The idea of HRM started many years ago because companies realized that workers are more than just employees—they are the most valuable part of the organization!


Conclusion

Human Resource Management (HRM) is all about:

  • Taking care of people who work in a company.

  • Helping them grow, solve problems, and feel valued.

  • Building a happy, skilled, and successful team to help the company achieve its goals.
    Message: Happy workers lead to a successful company!


Questions and Discussion

Let’s discuss:

  • Why do you think workers need to be motivated?

  • How can HRM solve problems in a company?

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