Concept of HR strategy (Human Resource Strategy)

After the revolution of personnel management into human resources management now we are open to new concept “human resources strategy”. Today Human beings are the most important recourse for an organization and the existent of an organization are exclusively dependable on employees. Today the most of problems and challenges in an organization are all human related. HR Manger is more concern with employee thoughts, development, set values, expectations, motivation, and psychology well-being. Repeated and frequent development in global markets and technology make it more difficult for higher managers to develop HR strategies. To meet the competitive requirement of market manger should acquire conceptual strategic skills and practices. That why HR manager should adopt up to date training techniques so that low level employee’s productivity can be elevate. Implementation of advance technology at workplace enable employee to defeat up rising complications from upcoming technology. Demographic resemblance is in social context is Continue reading

Difference Between Human Relations and Industrial Relations

The term human relations lays stress upon the processes of inter-personal relationships among individuals as well as the behavior of individuals as members of groups. The term industrial relations is used widely in industrial organizations and refers to the relations between the employers and workers in an organization, at any specified time. Thus, while problem of human relations are personal in character and are related to the behavior of individuals where moral and social element predominate, the term industrial relation is comprehensive covering human relations and the relations between the employers and workers in an organization as well as matters regulated by law or by specific collective agreement arrived at between trade unions and the management. However, the concept of industrial relations has undergone a considerable change since the objective of evolving sound and healthy industrial relations today is not only to find out ways and means to solve conflicts Continue reading

Case Study of Dell: Employee Training and Development

Michael Dell, the CEO of Dell Computer Corporation, in a recent annual report, summarized where the CEO stands on the role that learning plays in his company. He said it was people who produced results in any business, laying emphasis on how building a talented workforce remained Dell’s greatest priority as well as its greatest challenge. This challenge contained two primary issues. The first being training, developing and retaining their existing employees so they continue capitalizing on the career opportunities Dell’s growth provides them. The second being to actually successfully recruit employees at all levels to support Dell. The CEO said the company progressed pertaining to both issues in the previous fiscal year, adding Dell would continue to keep it a critical area of focus. Dell filled more than half of its executive-level positions with promotions from within the organization, hiring the remaining externally. Dell also modified its core training Continue reading

Strategic Role of HRM During Recession Period

Since human resource management is dealing with the implementation of the strategies and policies relating to the management of individuals, the department become one of the most responsible to bring the organisation on the right track during recession time. There are some important steps that a business should follow in order to maintain their competitive position on the market. Some of these vital steps are the improvement of prices in order to grow margins, the increase of the financial and operational efficiency, but also the concentration on the market share. The purpose of the human resource management is to make sure that an organisation is able to perform well through its staff, but also to increase the efficiency and the capability of the business. Furthermore, it also helps the business to reach it goals by using the resources available to their best use.  HRM is one of the most important Continue reading

Work System and People

There are two basic ways in which work is organized. The first relates to the flow of authority and is known as organizational structure of merely organization. The second relates to the flow of work itself from one operation to another and is known as procedure. Other names are “method,” “system,” and “work flow.” People usually recognize the human side or organizational structure because of the superior-subordinate relationship that it establishes, but more often than not they ignore or overlook the human  side of work flow. They see work flow as an engineering factor that is separate from human factors. In the usual case, however, work flow has many behavioral effects because it sets people in interaction as they perform their work. Initiation of Action: One important point about a work system is that it determines who will “initiate” an activity and who will “receive” it. At each step in Continue reading

The Concept of Fringe Benefits

The human concept of labor has been recognized widely in the industrial world. The employer, though not bound, provides several benefits and services to the employees, working in the organization to maintain and promote the employees’ favorable attitude towards the work and work environment, because maintenance of favorable attitude towards the work and work environment, because maintenance of favorable attitude is an essential part of motivation and high morale. Such benefits and services, being a part of wage and salary administration, include all expenditure incurred to benefit employees over and above regular wages and direct monetary incentives related to output and are generally referred to as fringe benefits. The real wages of workers are increased by the benefits provided by the employer and thus, they are regarded as supplement to their wages. Many years ago, benefits and services were labeled ‘fringe’ benefits because they were relatively insignificant or fringe components Continue reading