Concept of Human Resource management (HRM)

   People are the focus of human resource management. Organization need people and people need organizations. Human resource management is concerned with managing people in organizations. It is essential function of management. It is every manager's job.

             Human resource are vital for achieving organizational objectives. Better people achieve better results. Organization effectiveness depends on the performance of people working in organizations. All people posses energy and physical strength. People become human resource when they combine energy and physical strength with competencies. Competencies consists of knowledge, skills, attitudes and potential for growth.

   Human resources are people who are ready, willing and able to contribute to organizational objectives. Human resources of an organization include all employees engaged in various jobs at different levels. It is about managing people. It is concerned with the management of human energy and competencies. It aims at achieving organization objectives through productive contribution of people. It creates harmony between the objectives of organization and the objectives of individual.   

  Definition

• According to Gary Dessler: Human resource management refers to the policies and practices involved in carrying out the people or human resource aspects of a management position, including recruiting, screening, training, rewarding and appraising.
• According to DeCenzo and Robbins: Human resource management is comprised of the acquisition, development, motivation and maintenance functions.

 Key points in the concept of HRM are:

1. HRM is an important function of management.
2. HRM regards people as strategic resource. It views employees as resources to be developed rather than a costs.
3. HRM directly contributes to achievement of organizational objectives.
4. HRM promotes "HRM think" as organization wide culture.
5. HRM coordinates all the activities related to human resources.