HRM L1. PPT Flashcards
(23 cards)
strategic approach to managing people in an organization to gain a competitive edge
HRM
involves recruiting, developing, and retaining employees to align their skills with company goals
human resource management
key functions/facets of HRM
- Recruitment and Selection
- Training and Development
- Performance Management
- Compensation and Benefits
- Employee Relations
importance of HRM
- aligning goals
- employee retention
- organizational culture
HRM’s vital role
it helps create a
1. productive
2. motivated and
3. efficient
workforce
HRM OR HRD. overall management of employees in an organization
HRM
HRM OR HRD. focuses on employee growt through training and development programs
HRD
HRM OR HRD. Encompasses all aspects of managing people
HRM
HRM OR HRD. primarily concerned with developing employees’ skills and competencies
HRD
HRM FOCUS
administrative tasks, including hiring and compliance
hrd focus
long-term growth and development of employees
HRM OR HRD. focus is administrative task including hiring and compliance
HRM
HRM OR HRD. focuses on long-term growth and development of employees
HRD
HRM OR HRD. day-to-day operations affecting employee relations
HRM
HRM OR HRD. Future-oriented, focused on continuous improvement
HRD
hrm or hrd. aims to meet organizational goals
HRM
HRM OR HRD. aims to enhance employees’ capabilities and career growth
HRD
activities on HRD
- training
- development
- career planning
activities on HRM
- recruitment
- compensation
- performance management
goal of HRM
operational efficiency and compliance
goal of hrd
skill enhancement
organizational success
it is the broader discipline that deals with managing all aspects of an organization’s workforce
HRM
specialized area within HRM that focuses specifically on employee training, development, and growth
opportunities.
HRD
