Human Resource Management [HRM]
Scope of HRM
Establish, direct, administer, and coordinate the overall HR programs for all the departments of the company. Strategically plan for, develop, and efficiently/effectively operate the services and capabilities of the company, in alignment with the corporate objectives/strategies. These activities include:
- Studying economic indicators
- Tracking changes in supply and demand of labor
- Identifying departments and their current and future needs
- Monitoring the HR performance, etc.
HR management [HRM] covers areas like:
- Recruitment/selection
- Induction
- Orientation
- Training
- Management development
- Compensation development
- Performance appraisals
- Performance management
- Career planning
- Coaching
- Counseling
- Staff amenities planning
- Event management
- Succession planning
- Safety management
- Staff communication
- HRD [Human Resource Development], etc.
HR Development [HRD] includes:
- Org. learning
- Training
- Education
- Development
- E-learning
- Management development
- Career planning/development
- Orientation
- Induction
- Performance management, etc.
HRD is an element of HRM.
Many of the activities of HRM/HRD can be carried out in-house but can also be outsourced.
Regards,
Leo Lingham