Course Code:MS - 2
Course Title: Management of Human Resources
Assignment Code:MS-2/TMA/SEM - I /2012
Note: Answer all the questions and submit this assignment on or before April 30, 2012, to the coordinator of your study center. 1. How do you see the role of HRM changing in the present day context of business? What are the new mandates of HRM? Explain with the example of the organization you have been working for or familiar with. Quote specific situations to explain your point. Briefly describe the organization you are referring to.
Human Resource Management (HRM) is defined as s strategic and coherent approach to the management of an organization most valued assets the people working there who individually and collectively contribute to the achievement of its objectives. HRM is function within an organization that focuses on recruitment of, management of and providing direction for the people who work in organization. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization’s goals and objectives. HRM is moving away from traditional personnel, administration, and transactional roles, which are increasingly outsourced. HRM is now expected to add value to the strategic utilization of employees and that employee program impact the business in measureable ways. The new role of HRM involves strategic direction and HRM metrics and measurements to demonstrate value.
The major roles of HRM are as follows:
a. Reduce absenteeism: if staffs are absent from work they are not able to carry out function for which they have been employed. Reducing absenteeism is an important role of HRM. b. Motivate the Staffs: motivation is an important part in reducing staff turnover and minimizing staff absenteeism. Motivation can be done by work environment, work atmosphere and creating interest in the job of the staff by taking suggestion schemes, and giving rewards for best suggestion. c. Team Work: Many business places give more important to team work. A good team consists of people with different skills, abilities and characters. d. Recruitment and Selection: When candidate apply for job, a business have to make a shortlist and drow up plans for the interview process. After shortlisting there is psychometric tests (Ability Test, Personality Test and Interest test) conducted. Finally the selection is made. e. Providing Training Programs for the staff: The main role of HRM is to provide its staff with training programs on the current topics with which they can develop themselves with the present situation.
If we see in practical situation, it’s just one side of a coin which has limited HRM involvement but HRM today is a different story. It has changed the way we work, and also it helps an organization to survive in recessionary period. Managing and attracting the human resource in today’s time is very difficult task. The role of HRM has changed a lot from being protector and screener to the role of saver which acts as planner and change agent affecting bottom of the pyramid where it is blue collar workers at the top and middle level executives.
Over the years, highly skilled and knowledge based jobs have increased while low skilled jobs are decreasing. This calls for skill mapping through proper HRM initiatives. Change is inevitable as said and that is what organizations are witnessing in management cultures, systems and working styles. Organizations accept and incorporate change in everyday life which makes role of HRM all more important. Some of the recent changes are as follows:
i. The policies of many companies have become people centric, traditionally the policies mainly focused on achievement of organizational goals showing negligence towards HR. ii. Attracting and retaining of human resource has become difficult as loyalty...