HRM process
(B) Why do you think HRM is important?
Importance of Human Resource Management:
An organization cannot build a good team of working professionals without good Human Resources. The key functions of the Human Resources Management (HRM) team include recruiting people, training them, performance appraisals, motivating employees as well as workplace communication, workplace safety, and much more. The beneficial effects of these functions are discussed here:
Recruiting and Training
This is one of the major responsibilities of the human resource team. The HR managers come up with plans and strategies for hiring the right kind of people. They design the criteria which is best suited for a specific job description. Their other tasks related to recruitment include formulating the obligations of an employee and the scope of tasks assigned to him or her. Based on these two factors, the contract of an employee with the company is prepared. When needed, they also provide training to the employees according to the requirements of the organization. Thus, the staff members get the opportunity to sharpen their existing skills or develop specialized skills which in turn, will help them to take up some new roles.
Recruitment, Development and Training:
Performance Appraisals:
HRM encourages the people working in an organization, to work according to their potential and gives them suggestions that can help them to bring about improvement in it. The team communicates with the staff individually from time to time and provides all the necessary information regarding their performances and also defines their respective roles. This is beneficial as it enables them to form an outline of their anticipated goals in much clearer terms and thereby, helps them execute the goals with best possible efforts. Performance appraisals, when taken on a regular basis, motivate the employees.
Maintaining Work Atmosphere:
This is a vital aspect of HRM because the performance of an individual in an
Importance of Human Resource Management:
An organization cannot build a good team of working professionals without good Human Resources. The key functions of the Human Resources Management (HRM) team include recruiting people, training them, performance appraisals, motivating employees as well as workplace communication, workplace safety, and much more. The beneficial effects of these functions are discussed here:
Recruiting and Training
This is one of the major responsibilities of the human resource team. The HR managers come up with plans and strategies for hiring the right kind of people. They design the criteria which is best suited for a specific job description. Their other tasks related to recruitment include formulating the obligations of an employee and the scope of tasks assigned to him or her. Based on these two factors, the contract of an employee with the company is prepared. When needed, they also provide training to the employees according to the requirements of the organization. Thus, the staff members get the opportunity to sharpen their existing skills or develop specialized skills which in turn, will help them to take up some new roles.
Recruitment, Development and Training:
Performance Appraisals:
HRM encourages the people working in an organization, to work according to their potential and gives them suggestions that can help them to bring about improvement in it. The team communicates with the staff individually from time to time and provides all the necessary information regarding their performances and also defines their respective roles. This is beneficial as it enables them to form an outline of their anticipated goals in much clearer terms and thereby, helps them execute the goals with best possible efforts. Performance appraisals, when taken on a regular basis, motivate the employees.
Maintaining Work Atmosphere:
This is a vital aspect of HRM because the performance of an individual in an
References: The first part basically deals with the report’s origin, objective, scope, limitation, etc. It highlights the background, methodology, primary data, secondary data, as well as justification of the report. The second part deals with the HRM. In this part all relevant information and back ground, history and other aspects of HRM are discussed as well as their application in the practical world is also highlighted. The third part deals with the Main part of the report. In this part we have describe the assignment as it was designed to be. In this part, We have tried to identify and state all the explanation and challenges regarding HRM. The last part deals with the conclusion and recommendation of the report. In the conclusion part, the overall picture of this report is compressed in a brief yet an exact form. The recommendation part deals with the suggestion, which us as the observer has highlighted all the inner views regarding paper. Introduction: Human Resource Management is the real sources of competitive leverage are the culture and capabilities of your organization that derive from how you manage your people. HRM is the function performed in organizations that facilitates the most effective use of people to achieve organizational and individual goals. Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing work. Essentially, the purpose of HRM is to maximize the productivity of an organization by optimizing the effectiveness of its employees. This mandate is unlikely to change in any fundamental way, despite the ever-increasing pace of change in the business world. As Edward L. Gubman observed in the Journal Strategy, of Business "the basic mission of human resources will always be to acquire, develop, and retain talent; align the workforce with the business; and be an excellent contributor to the business. Those three challenges will never change."