Hrm vs Shrm

Hrm vs Shrm

1. Presented By :
Sidharth Raghuraj
II BCOM CA

2. ANOVERVIEW
➢Introduction to HRM & SHRM
➢Human Resource Management : (Features & Importance)
➢Strategic Human Resource Management : (Benefits & Barriers)
➢HRM vs. SHRM
➢Conclusion

3. OBSERVECAREFULLY

4. ➢What is Human Resource Management?
▪HRM is the management of people in a company to achieve the
organisationalgoals effectively.
➢What is Strategic Human Resource Management?
▪SHRM is the connection between a company's human resources
and itsstrategies, objectives, and goals.

5. Human Resource Management
Importance of HRM :
➢Achievement of Organizational Goals
➢Redressing to conflicts between workers
➢Improved quality of work life
➢Employment Retention
➢Motivation in developing a team spirit
Features of HRM :
➢Continuous process
➢Management function
➢Achievement of objectives

6. Strategic Human Resource Management
Meaning:
An approach to HRM that has the goal of using people most wisely with respect
to the strategic needs of the organization.
-Helps in achieving cost effective engagement of labour.
-Ensures optimum utilization of organizational resources.
-Provides clear-cut goals, direction, and future focus.

7. Benefits of SHRM
➢Provides a clear business strategy and vision for the future.
➢To recruit, retain and motivate people.
➢To meet the expectations of the customers effectively.
➢To ensure high productivity.

8. Barriers of SHRM
➢Interdepartmental conflict.
➢The commitment of the entire senior management team.
➢Limited time, money and the resources
➢Rapid structural changes

9. HRM SHRM
Nature Reactive Proactive
ResponsibleStaff specialist Line manager
Approach Fragmented Integrated
Time Short term Long term
Change Follows change Initiates change
Control Strict Lenient

10. "Managementis, above all, a practice where art, science, and craft meet"
-Henry Mintzberg
Thankyou !
-@sidhaaaaarth