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Meaning, Scope, Objective, Functions, Roles and Importance, interaction with other functional areas. HRM &HRD a comparative analysis. Human Resource Management practices in India.

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Meaning, Scope, Objective, Functions, Roles and Importance, interaction with other functional areas. HRM &HRD a comparative analysis. Human Resource Management practices in India.  Human Resources Management The Meaning & Concept  The only differentiating element between competing organizations is the “People Factor.” • Human Resource Management is a process of bringing People and Organizations together so that the goals of each one are met. • HRM is the “art of procuring, developing and maintaining competent workforce to achieve the goals of an organization in an effective and efficient manner”. According to Scott, Clothier and Spriegal, ―The objectives of Human Resource Management, in an organization, is to obtain maximum individual development, desirable working relationships between employers and employees and employees and employees, and to affect the moulding of human resources as contrasted with physical resources. The Objectives of HRM: The ...