4 Most Important Functions of Human Resource Management

Management
HRM is a process consisting of four functions: Functions 1. Acquisition Function: Acquisition process is concerned with securing and employing the people possessing required kind and level of skills necessary to achieve the organisational objectives.The acquisition function begins with planning. It also covers other functions such as job analysis, human resource planning, recruitment, selection, placement, induction and internal mobility. Image Source: eastafricauniversity.net 2. Development Function: Development function is the process of improving, moulding and changing the skills, knowledge, creative ability, aptitude and values of the employees. The development function can be viewed along three dimensions: (a) Employee Training: ADVERTISEMENTS: Training is the process of imparting to the employees the technical and operating skills and knowledge. It also includes changing of attitudes among workers. (b) Management Development: Management development is primarily…
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7 Important Strategies Required for Managing Intergroup Performance in Your Organisation

Management
Important strategies required for managing intergroup performance in your organisation are listed below:Many authors have given different strategies for managing intergroup performance. Intergroup performance varies from low to high depending on the requirements of the organization.Strategies are based on interaction requirements, information flow requirements and integration requirements.The levels of commitment, resource requirements and related factors influence intergroup performance. ADVERTISEMENTS: Strategies are specifically formulated for interaction, information flow and integration. Managers depend on hierarchy and rules for improving intergroup performance.The strategies for managing inter-group performance vary from the low level of rules and procedures to the high level of integrating departments through hierarchy, planning, liaison, task force and teams. Image Source: cdn.ttgtmedia.com Important Strategies 1. Rules and Procedures : Rules and performances guide methods of managing intergroup performance. Interacting groups learn…
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How to improve the Effectiveness of Human Resource Planning in HRM in your organisation? (6 steps)

Management
Some of the steps that may be taken to improve the effectiveness of human resource planning are given below: Steps 1. Objectives: The HR plan must fit in with the overall objectives of the organisation. Important aspects such as working conditions, human relationships etc., must be kept in mind while developing the plan.The HR plan should be balanced with the corporate plan of the enterprise. The methods and techniques used should fit the objectives, strategies and environment of the particular organisation. Image Source: leecountync.gov 2. Top Management Support: The plan must meet the changing needs of the organisation and should enjoy consistent support from top management.Before starting the human resource planning process, the support and commitment of top management should be ensured.Moreover, the exercise should be carried out within the…
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Land Pollution or Soil Pollution – Causes, Effects, Control

Management
“Soil pollution can be defined as the introduction of substances, biological organisms, or energy into the soil that will lead to a change in the quality of soil so that plant growth and animal health is adversely affected” Causes of Soil / Land Pollution: Soil pollution is caused due to direct and indirect sources. The direct sources harm the soil much more than the indirect sources. Examples of direct causes are poor management of solid and liquid domestic/industrial/agricultural waste, water logging, soil erosion, salination, disposal of medical wastes etc. Examples of indirect causes are acid rain and disposal of radioactive substances. Image Source: 918f9ce2f933e26d324a-a30cf25863fadb0ebfac784c1629c0d0.r84.cf2.rackcdn.com The main reasons of soil pollution are briefly described below: (i) Pesticides: Pesticides are the chemicals which are used by farmers to protect their crops. Large…
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3 Types of Induction Programme That You Can Follow While Appointing New Candidates for Your Organisation

Management
Types of induction programme in human recourse management are given below: Types of Induction 1. General Induction Programme: Once an offer of employment has been extended and accepted, the final stage in procurement function is concluded. The individual has then to be oriented towards the job and the organisation.This is formally done through a process known as induction or orientation. Induction is a welcoming process.The idea is to welcome the candidate, make him feel at home in the changed surroundings and to introduce him to the practices, policies and purposes of the organisation; The necessity of an induction programme is that when a person joins an organisation, he is a stranger and is bound to feel shy, insecure and nervous. Induction leads to reduction of such anxieties. Image Source: g-ec2.images-amazon.com…
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What are the Advantages of Forest?

Management
Forest helps in production of timber, regulation of stream flow, control. Of erosion, recreation, provision of wildlife habitat etc. Advantages of Forest (i) Influence on Climate: The crowns of the trees hold the moisture in because the force of the wind is broken so it makes the forest cool in the summer and warm in the winter. Image Source: climatechange.thinkaboutit.eu (ii) Control of Runoff: ADVERTISEMENTS: Leaves and branches of trees break the impact of rain, causing it to drip rather than a strong force. Rain is absorbed by ground, reducing surface run off. (iii) Flood Control: Forested watersheds help in avoiding extremes of water flow so aiding in flood prevention. (iv) Wildlife Habitat Provision: Wildlife uses the trees and forest as food and shelter. (v) Prevention of Soil Erosion: Water…
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Top 5 Limitations of Human Resource Accounting – Explained!

Management
No doubt HRA provides valuable information both for management and investors, yet its development and application has not been very encouraging. It is so because HRA suffers from some limitations. They are: Limitations 1. Not easy to value human assets: There are no guidelines differentiating the “cost” and “value” of human resources. The existing valuation system suffers from many drawbacks. After valuing human resources in a specific way, many of them may leave the organisation.Human life itself is uncertain and hence valuing the asset under such “foggy” conditions is not proper. Like physical assets, human assets cannot be owned, retained and utilised at the sweet will and pleasure of an organisation. Image Source: ccc.edu ADVERTISEMENTS: Hence, treating them as “asset” in the strict sense of the term would not be…
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Top 8 Essential Characteristics of a Sound Human Resource Policy

Management
HR policies should possess the following characteristics: Characteristics 1. The HR policy should present the principle that will guide the organisation’s actions and reflect a faith in the ethical values of employees. ADVERTISEMENTS: As Peter Drucker has observed, “The policies of an enterprise have to be balanced with the kind of reputation an enterprise wants to build up with special reference to the social and human needs, objectives and values”.It should be consistent with the overall philosophy and objectives of the organisation, as well as with labour laws and public policy. Image Source: grow3.com2 The HR policy should be formulated after considering the long range plans and needs of the organisation.The policy should be definite, positive, clear and easily understood by everyone in the organisation so that what it proposes…
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Neil H. Borden Has Listed the Following Elements of the Marketing Mix for Helping the Marketing Managers – Explained!

Branding
Neil H. Borden has listed the following elements of the marketing mix. This list can at best serve as a model and the marketing manager can rely upon it or can modify it as per his unique needs. Image Source: fedoraproxy.lib.virginia.edu Elements 1. Product Planning: (i) Products lines to be offered their qualities, design, etc. ADVERTISEMENTS: (ii) Market to sell – whom, were, and in what quantities.(iii) New product policy – R&D Programme. 2. Pricing: (i) Price level to be adopted.(ii) Specific prices to be adopted – odd, even, etc. ADVERTISEMENTS: (iii) Price policy – one price or varying prices; price maintenance; use of list prices, etc.(iv) Margins to be adopted for company, for trade. 3. Branding: (i) Selection of trade marks(ii) Brand Policy – individualised or family brands ADVERTISEMENTS:…
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4 Important Types of Sales Promotional Literature that a Small Export and Import Company would probably find most Useful and Practical

Business
Important types of sales promotional literature that a small company would probably find most useful and practical are as follows:For a small company, with a very limited product line, a single piece of sales promotion literature may be sufficient. In most cases this should be accompanied by an up-to-date price list. ADVERTISEMENTS: But many companies should really have a variety of pieces, each designed for different functions. The following are the types of literature that a small company would probably find most useful and practical. Types 1. The company brochure or leaflet: A simple brochure or leaflet describing the company is very helpful in creating a good initial impression and setting the stage for business talks.Such a publication should of course, describe the company’s products or product lines in fairly…
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