Page 14 - DMGT406_HUMAN_RESOURCE_MANAGEMENT

Unit 1: Understanding the Nature and Scope of Human Resource Management

 by providing adequate wages, good working conditions, job security, an effective machinery Notes
for redressal of grievances and suitable opportunities for promotion and self-development
through in-company and external programmes;
 by treating them as individuals, giving them a sense of self-respect and better understanding
of their role in the organisation and satisfying their urge for self-expression through a
closer association with the management;
 by creating a sense of belonging through human and purposeful activities as an integral
part of human relations ensuring their willing cooperation and loyalty.
Self Assessment

State whether the following statements are true or false:
1. Competent employees will remain competent forever.
2. Economic resources, by definition, are scarce.
3. Getting and keeping good people is critical to the success of every organisation.

4. People are a source of competitive advantage when they improve the efficiency or
effectiveness of the company.
5. Human Resource Management is not an end in itself.

6. The term 'workforce' means people working at lower levels only.
7. Human Resource is an open system within an organisation but organisations themselves
are closed.

8. HRM policies are an amalgamation of ideas, concepts, principles and practices drawn
from a number of fields.

Task Take example of one company you are familiar with, which is not considering
international human resource management and health and safety measures for getting
the potential of their employees.

Notes Policies, as useful instructional devices, offer many advantages to the personnel
working at various levels. These are:

Delegation: They help managers operating at different levels to act with confidence without
the need for consulting superiors every time.
Uniformity: They increase the chances of different people at different levels of the
organisation making similar choices, when independently facing similar situations. They
make the actions of organisational members more consistent.

Better control: As personnel policies specify the relationship shared between the
organisation, management and its employees, they allow members to work towards
achievement of the objectives of the organisation without friction/conflict, paving the
way for better control.

Contd...

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