External Seminar Presentation
Topic: Human Resource Management
Introduction to Human Resource Management
Human Resource Management (HRM) refers to the strategic approach to managing people in an
organization effectively.
It involves recruiting, hiring, training, and developing employees to maximize their potential.
The primary objectives of HRM include enhancing employee performance, ensuring legal
compliance, and achieving organizational goals.
HRM plays a crucial role in building a positive work culture and improving employee satisfaction.
Functions of HRM
1. Recruitment and Selection: Attracting and selecting the right talent for the organization.
2. Training and Development: Enhancing employee skills through continuous learning.
3. Performance Appraisal: Evaluating employee performance and providing feedback.
4. Compensation and Benefits: Designing fair salary structures and employee benefits to retain
talent.
Strategic HRM
Strategic HRM aligns the human resource policies with organizational goals.
It includes planning future workforce needs and managing talent efficiently.
HR professionals are now involved in strategic decision-making to ensure business success.
It promotes long-term employee engagement and organizational development.
Challenges in HRM
1. Talent Retention: Keeping skilled employees in a competitive market.
2. Employee Engagement: Ensuring employees remain motivated and productive.
3. Diversity Management: Managing a diverse workforce respectfully and inclusively.
4. Legal and Ethical Issues: Complying with labor laws and maintaining ethical practices.
Conclusion and Suggestions
Human Resource Management is essential for the overall success of any organization.
With globalization and technological advancements, HRM practices must evolve.
Organizations should invest in modern HR tools, employee wellness, and leadership development.
Future trends include AI in HR, remote work policies, and personalized employee experiences.
