Chapter 8 - Human Resourse Management (HRM) BBS 2nd Year

Objectives of Human Resource Management:

Human resource management is the important component of management. It is the combination of four functions. The main objectives of human resource management are as follows:

1.     Goal Achievement:

Human resource management makes effective utilization of available human resources by providing them training, and development. The goal of the organization is achieved when there is proper utilization of potential human resources

2.    Structure Maintenance:

Every organization has it’s organizational structure. The objectives of human resource management is to maintain adequate organizational structure. It helps to improve the relationship among the human resource in the organizational setting.

3.    Goal Harmony:

In an organization, there are individual and organizational goals, it brings harmony in organizational goals and individual goals of employees. It recognize and satisfies individual need in order to achieve overall organizational goals.

4.    Productivity Improvement:

Human resource management is concentrated in providing different training and other opportunities to the employees in order to increase skill and productivity of individual employees. Better quality of human resources result in improved productivity.

5.    Efficiency:

Human resource management avoid wastage and promote efficiency of human resources. It ensures cost-effective utilization of human resources. The higher the productivity, higher is the efficiency of employees. In this way, the main objective of human resource management (HRM) is also to increase the efficiency of individual employee.