Features Of Human Resource Management

1209 Words5 Pages
Human resource management (HRM) is a strategic and coherent approach to the management of an organization’s most valued assets: the people working there who individually and collectively contribute to the achievement of its objectives. (Armstrong, 2009) HRM main features are an emphasis on the vital administration of individuals which attains fit or reconciliation between the business and the HR system, developing the integrated HR policies and working on it, treating people as an assets not as a cost because they are regarded as a basis of competitive advantage and as human capital to be invested in through the provision of learning and development opportunities, an employee relation should be unitary rather than pluralist it is assumed that employees share the same interest as employers and the HRM performance and delivery is same as a line management responsibilities. OK Industrial relations could be depicted as the relationship that exists between the worker and the business or between the organization and exchange unions. On the other hand it could be seen as philosophies by which specialists and their associations relate in the working spot to make statutes and regulations of occupation. An exceptional working relationship is needed from both parties to maintain high production in the working place. For the administrator to have an extraordinary companionship with his labourers, the administration need to sidestep clashes with the delegates, if, despite everything that they happen the two social affairs should settle them quickly and peacefully to bring streamlined agreement and high preparing of the business. The creation and upkeep of extraordinary relations between the labourers and the association is the exact basis on ... ... middle of paper ... ...of industries, it is vital for the representatives and executives to have great working relations to guarantee persistent high industrial production. For the enhanced industrial relationship there should be support from the management of the industries, good personal policies and a constant review of the policies so they remain consistent with changes in labour relation laws that occur over time. India labour union have taken a long period in creating, however, today it is more composed than in the recent past, and it still has low bargaining power contrasted with other labour union in different nations. This is most likely in light of the fact that it is not brought together and little unions dependably need high group power. The challenges the labour unions have, is how to gain better bargaining power and tackle the effects of global capital markets new polices.
Open Document