Fundamentals of
Human Resource Management
Summarized by
Assoc.Prof.Sirapatsorn W.Ph.D.
May, 2022
HRM is:
•Human resource management refers to
the policies and practices one needs to
carry out the people or human resource
aspects of management position
including recruiting, screening,
training, rewarding and appraising.
(Gary Dessler,2019)
HRM is:
•The utilization of individuals
to achieve organization
objectives (Joseph J.
Martoccio,2019:23)
HRM Professionals:
•Individuals who normally act in an
advisory or staff capacity, working
with other professionals to help them
deal with human resource matters
(Joseph J. Martoccio,2019:27)
Functions of HRM:
Human Capital:
•As defined by the economists,
Human Capital refers to sets of
collective skills, knowledge, and ability
that employees can apply to create
economic value for their employers
(Joseph J. Martoccio,2019:33)
Competitive Advantage:
•Superior performance relative to
other competitors in the same
industry or the industry average
(Frank T. Rothaermel,2019:7)
Global Strategic Issues!
https://youtu.be/62WWcs9EY1w Deloitte
What is a skillset?
• Form of knowledge that is derived
from repetition
• Technical know-how
• Self-trainable
From Skillset to Mindset:
A new paradigm for leader development.
Public Administration Issues, no 5.
(Special Issue, electronic edition),
Kramer, R. (2016). pp. 26-45.
What is a mindset?
In the disruption era, skills are
necessary but not sufficient for
leadership.
• Leadership training should focus on
transforming mindsets more than
skillsets.
Kramer, R. (2016). From Skillset to mindset: A new paradigm for leader
development. Public Administration Issues, no 5 (Special Issue, electronic edition),
pp. 26-45.
Organization’s Internal
resources are:
financial, physical, human,
& organizational components
(formal structure, systems,
informal relationships,
teamwork inside the
organization) (Barney & Hesterly, 2006)
Types of Organizational Assets/Capital
Assumptions about
Human Resources:
1. Factor of production: workforce
2. Factor of development
3. Value assets
HRs: Human resources
• Human beings
• Ability
• Knowledge
• Attitudes
• Beliefs
• Moral and Ethics
• Rights
KESO acronym:
•Knowledge
•Experience
•Skills
•Other characteristics
KASAO acronym:
•Knowledge
•Attitudes,
•Skills
•Abilities
•Other characteristics
People Learning focuses on 3
Human Domains:
1. Cognitive domain: Head Knowledge,
Thinking
2. Affective domain: Heart Attitudes,
Beliefs, Feelings
3. Psychomotor domain: Hands: Skills,
Proficiency
Learning Domains:
พุทธิพสิ ัย
Cognitive Domain
จติ พสิ ัย
Affective Domain
ทักษะพสิ ัย
Psychomotor Domain
Competency Iceberg
Visible Skill
Knowledge
Hidden Self-concept
Trait
Motive
Hard skills
versus
soft skills
By Assoc.Prof.Sirapatsorn Wongthongdee,Ph.D.
Hard skills are teachable abilities
or skill sets that are easy to
quantify.
Typically, you'll learn hard skills
in the classroom, through books
or other training materials, or
on the job.
•Proficiency in a foreign language
•A degree or certificate in any field
•Typing speed
•Machine operation
•Computer programming
The main difference
between hard skills and
soft skills is that
hard skills can usually be
taught in a series of
concrete steps.
Soft skills, on the other hand,
are subjective skills that are
much harder to quantify.
Also known as "people skills" or
"interpersonal skills,"
soft skills relate to the way you
relate to and interact with other
people.
Examples of soft skills include:
•Communication
•Flexibility
•Leadership
•Motivation
•Patience
•Persuasion
•Problem Solving Abilities
•Teamwork
•Time Management
•Work Ethic
The Strategic View of Human Resources
1. Employees are human assets
1. Increase in value to organization and
marketplace when investments of appropriate
policies & programs are applied
2. Effective organizations recognize that
employees have value
1. Much as organization’s physical & capital
assets have value
3. Employees are valuable source of
sustainable competitive advantage
Human Resource Management
•The Utilization of individuals to
achieve organizational objectives
•All managers at every level must
concern themselves with human
resource management
Personnel Management
VS HRM
PM HRM
Business partner
Employee focused
Strategic
Operational and
administrative Proactive
Integrated, coordinated
Reactive
policies & practice
Fragmented , ad hoc policy Focus on adding value
& practice
Focus on performance
measurement
Critical perspectives on HRM!
•HRM is being ‘old wine in a new
bottle.’
Related
Abbreviations:
• PM: Personnel Management
• HRM: Human Resource Management
• HCM: Human Capital Management
• HRD: Human Resource Development
• CIPD: Chartered Institute of Personnel and
Development
• ASTD: American Society for Training and
Development
EEO: Equal
Employment
Opportunity
AA/EEO:
Affirmative
Action/Equal
Employment
Opportunity
Definitions of HRM:
A distinctive approach
to employment management
which seeks
to achieve competitive advantage
through the strategic deployment
of a highly committed
and capable workforce
using an array of cultural, structural and
personnel techniques (Storey, 2007:7)
The use of employees
to gain or keep
competitive advantage
(Mathis & Jackson, 2008: 36)
The intentions of the
corporation both explicit and
covert, toward the
management of its
employees,
expressed through
philosophies, policies and
practices (Torrington et al.2005:28)
The pattern of
planned human resource
developments
& activities
intended to enable the firm
to achieve
its goals.
(Wright & McMahan, 1992:298)
The development of a
consistent aligned
collection of practices,
programs and policies
to facilitate the achievement
of the organization’s
strategic objectives
(Mello, 2006:152)
…Strategic HRM
is based on
the assumption that
internal resources
provide the basis of
competitive advantage!
HRM Approaches
HRM Approaches
HARD VS SOFT HRM
HARD HRM SOFT HRM
Employee are resources to Business partner
be utilized
Deployment Strategic
Control Commitment
Direction Involvement
Rigidity Flexibility
Performance measurement Performance enabling
(Truss et al, 1997 cited in Jonathan et al,2014: 8)
RBV:
Resource-based view (Barney & Hesterly,
2006)
•Resources will represent a
competitive advantage & they
must have 4 attributes: VRIN
•Valuable
•Rare
•Imperfectly imitable
•Non substitutes