Welcome to Module 1 of the 2248 course on Human Resource Management! In this module, we will explore the importance of HRM in organizations, as well as the key functions and roles of HRM. By the end of this module, you will have a solid understanding of what HRM entails and its significance in today’s workplace.

Module Objectives:

By the end of this module, you will be able to:

  • Understand the importance of Human Resource Management (HRM) in organizations.
  • Identify the key functions and roles of HRM in an organization.

Lessons:

This module consists of the following lessons:

Lesson 1: What is Human Resource Management?

In this lesson, we will start by examining the concept of Human Resource Management (HRM). We will discuss its definition, its evolution, and its significance in modern organizations.

Lesson 2: Definition of HRM

Lesson 2 will focus on providing a detailed definition of HRM. We will explore the various aspects and components that make up HRM, highlighting its key characteristics and principles.

Lesson 3: Evolution and Significance of HRM

In Lesson 3, we will delve deeper into the evolution of HRM and how it has evolved over time. We will also emphasize the significance of HRM in driving organizational success and achieving strategic goals.

Lesson 4: Key Functions of HRM

Lesson 4 will introduce you to the key functions of HRM. We will explore the various roles and responsibilities that HR professionals undertake, ranging from recruitment and selection to training and development.

Lesson 5: Recruitment and Selection

In Lesson 5, we will focus specifically on the recruitment and selection process within HRM. We will discuss the importance of attracting and hiring the right talent for an organization, as well as the different methods and strategies employed in this process.

Lesson 6: Compensation and Benefits

Lesson 6 will center around compensation and benefits within HRM. We will explore how organizations design and manage their compensation and benefits programs, ensuring employee satisfaction and motivation.

Lesson 7: Performance Management

In Lesson 7, we will delve into the concept of performance management. We will discuss how HRM plays a crucial role in setting performance standards, evaluating employee performance, and providing feedback for improvement.

Lesson 8: Training and Development

Finally, Lesson 8 will explore the important role of training and development in HRM. We will discuss the various methods and strategies used to enhance employee skills and competencies, ultimately contributing to individual and organizational growth.

Learning Objectives:

By the end of each lesson, you will be able to:

  • Define and describe Human Resource Management (HRM).
  • Identify and explain the key functions of HRM.

Congratulations on beginning your journey into the world of HRM! Let’s dive into Lesson 1 and explore the concept of Human Resource Management.