Resource management class lectures_95051353-Human-Resource-Management-IGNOU

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UNIT 1THE CHANGING SOCIALCONTEXT AND EMERGINGISSUESThe Changing SocialContext andEmerging IssuesObjectivesAfter completion of the unit, you should be able to:lunderstand the meaning and concept of HRM;ldescribe the emerging scenario of HRM;ldiscuss the challenges of HRM; andlexplain the HRM position in India.Structure1.1Introduction1.2Meaning of Human Resource Management1.3A New Mandate for Human Resources1.4Why HRM Matters Now More than Ever1.5The Changing Role of HRM1.6Managing Human Resources in the Emerging Scenario1.7Managing Talent : The New AVATARof HR Manager1.8HRM in India1.9Faddism in Western Management and its Implications for Indian Managers1.10 Guidelines for Better HRM1.11 Summary1.12 Self-Assessment Questions1.13 Further ReadingsAppendix 1 : Case Study1.1INTRODUCTIONBy transformation of economic environment, the information explosion, advances intechnology and the intensly competitive global and domestic markets have createdenormous pressure on organisation to change or perish. Against this challengingscenario, by choice or default a new era of human resource management practices andphilosophy is emerging and assuming significance in modern organisations. This unitaims at discussing the emerging scenario of human resource management in detail andalso the position of HRM in India.1.2 MEANING OF HUMAN RESOURCE MANAGEMENTHuman Resource Management (HRM) is a process of bringin

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