The National Institute of Personal Management Human Resource Management as “planning, organizing, directing, controlling of procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are achieved.” Many great scholars had defined human resource management in different ways and with different words, but the core meaning of the human resource management deals with how to manage people or employees in the organisation. Kennedy (35th President of the United States). The human mind is our fundamental resource.” - John F. “Our progress as a nation can be no swifter than our progress in education. Narayana Murthy, Chairman Emeritus, Infosys Ltd. If you want high quality minds to work for you, then you must protect the respect and dignity. ![]() "You must treat your employees with respect and dignity because in the most automated factory in the world, you need the power of human mind. Though British theoretical physicist Stephen Hawking, Cambridge professor expressed about destruction of middle-class jobs due to raise of artificial intelligence, he still felt that natural intelligence or need for application of human mind is inevitable in certain roles. But all jobs cannot be handed over to Robots, to say in other words robots have its own limitations and all roles cannot be handled by robots. It is undisputed fact that humans are being replaced by artificial intelligence which are in the form of robots. ![]() "The automation of factories has already decimated jobs in traditional manufacturing, and the rise of artificial intelligence is likely to extend this job destruction deep into the middle classes, with only the most caring, creative or supervisory roles remaining" -British theoretical physicist Stephen Hawking Therefore humans are crucial assets for any organisation, although today many tasks have been handing over to the artificial intelligence but they lack judgement skills which cannot be matched with human mind. However, machines and technology are built by the humans only and they need to be operated or at least monitored by humans and this is the reason why companies are always in hunt for talented, skilled and qualified professionals for continuous development of the organization. Today many experts claim that machines and technology are replacing human resource and minimizing their role or effort. It is expected to triple in the next decade from the present 30 per cent, will negatively impact the overall productivity of the sector, warn industry experts. The best example in present situation is, construction industry has been facing serious shortage of skilled workforce. Therefore, human resource management is meant for proper utilisation of available skilled workforce and also to make efficient use of existing human resource in the organisation. Management: refers how to optimize and make best use of such limited or scarce resource so as to meet the organization goals and objectives. Resource: refers to limited availability or scarce. Human: refers to the skilled workforce in an organization. Why do we call it as Human Resource Management? ![]() The actual ratio for a business can vary depending upon factors such as the degree of HR centralization, the geographic distribution of the employees served, the sophistication level of the employees, and the relative complexity of the organization. The historical rule of thumb for Human Resource staffing requirements is one full-time professional Human Resource person should be hired for every 100 employees. Human resource management as a department in an organisation handles all aspects of employees and has various functions like human resource planning, Conducting Job analysis, recruitment and conducting job interviews, selection of human resources, Orienting, training, compensating, Providing benefits and incentives, appraising, retaining, Career planning, Quality of Work Life, Employee Discipline, black out Sexual Harassments, human resource auditing, maintenance of industrial relationship, looking after welfare of employees and safety issues, communicating with all employees at all levels and maintaining awareness of and compliance with local, state and federal labor laws. It also deals with building team spirit and team work. It includes the study of management, psychology, communication, economics and sociology. Human Resource Management is a multidisciplinary subject. It helps to achieve individual, organizational and social objectives It deals with procurement of human resource, training & development and maintenance of human resource. Human Resource Management deals with the management functions like planning, organizing, directing and controlling
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