230x Filetype PPTX File size 0.33 MB Source: nji.gov.ng
What is Human Resource Management? Strategic approach to the effective and efficient management of people in any organization to gain effective use of resources and a competitive advantage. Maximise an organisation’s performance in the service of its strategic objectives. The 3 stages • Skills • Goals • Characteristics Human Resource Management (HRM), at its core, relies on “the practice of recruiting, deploying and managing an organization's employees” for strategic goals. HRM is often referred to simply as “human resources” because central to its operations is the assets those employees offer the organization in achieving its overall objectives. The term Human Resources was first used in the early 1900s, then more widely in the 1960s, to describe the people who work for an organization. In modern times the term Human Capital Management (HCM) is also commonly used. Today, the emphasis is on employees as assets of the organisation. The goal is to make effective use of these assets to sustain the organisation, sharpen its competitive edge, and maximise their return on investment, as regards businesses, and service delivery in the case of the public sector together with sustaining employee performance. The core is strategic management of the assets of every employee to achieve an organisations goals and objectives. IMPORTANCE OF HUMAN RESOURCE MANAGEMENT To manage the people within a workplace to achieving the organizational mission and reinforce the culture by recruitment of professionals who have the necessary skills to carry out the varied tasks. Training and development of employees to meet objectives of the organization. An organization is as good as its employees dictating Human Resource Management is a crucial part of maintaining or improving the health of the organization. Human Resource Managers also monitor the state of the job market to help the organization recruit wisely and stay competitive. HOW DOES HUMAN RESOURCE MANAGEMENT WORK? Through dedicated professionals, who are responsible for the day-to-day execution of inter - related tasks of the organisation. The department usually varies in size depending on the organisation. Typical designations of the various professionals is such departments include; • HR assistant • HR business partner • HR manager • Recruiter • Recruiting coordinator • Talent Sourcer • Recruiting Manager • Protocol Officer • Compensation specialist/manager • Benefits specialist/manager • Talent manager • Training Manager • HR analytics Manager
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