1. Session One Concepts and perspectives of Human Resource Management – Functions, Changing Boundaries and Trends. Jayendra Rimal

2. An Introduction HRM is the strategic and coherent approach to the management of the people working there who individually and collectively contribute to the achievement of the objectives of the business. It also concerns the personnel policies and managerial practices and systems that influence the workforce. Human resource management is both an academic theory and a business practice that addresses the theoretical and practical techniques of managing a workforce. It is an important part of the management process which comprises of: Planning; Organizing; Staffing; Leading and Controlling. HRM is concerned with the Staffing function. 8 June 20162Jayendra Rimal

3. HRM Functions Planning labor needs Work analysis/job analysis Hiring of employees Career development Compensation management Performance management system Training and development Employee and labor relations 8 June 20163Jayendra Rimal

4. HRM and Life Cycle of an Organization Life Cycle Stage Embryonic Growth Maturity Decline Implications for Human Resources Owner may not perceive need for HRM; Limited management expertise and succession issues; Ad hoc and unplanned changes; HRM needs to be aggressive Career development; New recruitment; Management development; High performing teams; Change management; Reinforcement of cultural values; Dealing with ambiguity HRM function well established; HRM activities more appropriate; Limited career opportunities Management of change; Reassure employees that problems are being addressed; Organize problem centered activities 8 June 20164Jayendra Rimal

5. Changing Boundaries of Human Resources Strategic thinking, business planning Reorganization and restructuring Managing mergers and acquisitions Enhanced emphasis on proper recruitment/outsourcing Introduce performance management system Initiating and managing quality initiatives Conducting a variety of surveys Restructuring salary and reward system Leadership development programmes Introducing new technologies of training Emphasis on in-house training Use assessment centers Initiate mentoring and coaching 8 June 20165Jayendra Rimal

6. Major Trends Affecting HRM Trend 1 - The increased globalization of the economy Opportunity for global workforce and labor force relocation Increasing global competition Trend 2 – Technological changes, challenges and opportunities Opportunities presented by the ICT/Internet/Web based system New threats – privacy, confidentiality, intellectual property etc. Trend 3 – The need to be flexible in response to changing business environment Outsourcing/downsizing/temporary staffing/reengineering Trend 4 – Increase in litigation related to HRM Increased lawsuits against wrongful discharge, negligent hiring Trend 5 – Workforce related Workforce diversity Labor shortage/aging workforce 8 June 2016Jayendra Rimal6

7. THANK YOU !!! 8 June 20167Jayendra Rimal Thank You