CORE CONCEPTS OF MANAGEMENT
MARKETING MANAGEMENT
FINANCIAL MANAGEMENT
HUMAN RESOURCES MANAGEMENT
OPERATIONS & PRODUCTION MANAGEMENT

Definition and Scope of Human Resources Management
In this lesson Dr. Kalyani Gandhi, Professor in the Human Resources Area in IIMB introduces the philosophy of Human Resource Management (HRM). This philosophy differs from traditional wisdom in that it treats employees as key assets. Commitment more than compliance is what HRM seeks to create. How is HRM linked to business strategy? The evolution of HRM is traced(also see CC/BF3). The lesson compares and contrasts HRM with Personnel Management. The functions of a typical HRM department are detailed with focus on both the organisation and the individual. Additional inputs include HR audit and quantitative methods of manpower forecasting (also see CC/QM2, CC/QM3, OP/ PM4 and OP/PM5).
HM/HR1

26 Mins

26 Mins

45 Pages
Equivalent classroom time: 4hrs