Bharathiar University MBA HRM Notes

I have taken admission in MBA HRM Course at Bharathiar University recently. I am in 1st Semester. I am searching for notes of 1st Semester Course, so tell me on which site I can get important notes for MBA HRM Course of Bharathiar University?

[Rajkumar Agarwal]

As you are looking for important notes of MBA HRM 1st Semester Course of Bharathiar University, so here I am providing important notes:

Bharathiar University MBA HRM 1st Semester Notes

Lesson 1 - HRM - An Overview

Lesson Outline
Nature of HRM
Definition of HRM
Development of HRM
Environment of HRM

Learning objectives
After reading this lesson you should be able to
Understand the nature and scope of the HRM
Define HRM
Describe the development of HRM
Detail the environment of hrm

Introduction
Men and resources are involved in all activities. Men were taken for granted for a long time. Greater accent was given to resources, production machinery and top managers. But during the last few decades, with modern large scale production of innumerable products for a wide market, the importance of human resources and their development has come to the fore. The importance of human resources to any organization need not be over-emphasized. Human resource is the wealth of a nation
and an organisation. The development process is wide and varied. In this lesson, let us understand the importance and concept of Human Resources Management. (HRM).

Human Resources
In the general parlance, human resources are people and their characteristics at work either at the national level or organisational level.
Megginson has defined human resources as follows:

From the national point of view, human resources are knowledge, skills, creative abilities, talents and attitudes obtained in the population; whereas from the viewpoint of the individual enterprise they represent the total of the inherent abilities, acquired knowledge and skills as exemplified in the talents and aptitudes of its employers

Sumantra Ghosal considers human resources as human capital. He classifies human capital into three categories – intellectual capital, social capital and emotional capital. Intellectual capital consists of specialized knowledge, tacit knowledge and skills, cognitive complexity and learning capacity. Social capital is made up of network of relationships, sociability, and trustworthiness. Emotional capital consists of self- confidence, ambition and courage, risk-bearing ability and resilience”.

In simple words, HRM is a process of making the efficient and effective use of human resources so that the set goals are achieved.

Definition of HRM
According to Flippo, ‘Personnel Management, or say, human resources management is the planning, organizing, directing and controlling of the procurement, evelopment,
According to Flippo, ‘Personnel Management, or say, human resources management is the planning, organizing, directing and controlling of the procurement, evelopment, compensation, integration, maintenance, and separation of human resources to the end that individual, organisational and social objectives are accomplished”.

The National Institute of Personal Management (NIPM) of India has defined human resources – personal management as “that part of management which is concerned with people at work and with their relationship within an enterprise. Its aim is to bring together and develop into an effective organization of the men and women who make
up enterprise and have regard for the well-being of the individuals and of working groups, to enable them to make their best contribution to its success”.

Bharathiar University MBA HRM 1st Semester Notes
mba.allsyllabus.com/Bharathiar-University/sem2/HR/HR%20Management-230113.pdf