Human Resource Management (HRM) is a way of management that links people-related activities to the strategy of a business or organization. HRM is often referred to as "strategic HRM". This includes employment and arbitration in accord with the law, and with a company's directives. Most of the cases in the organization are not so much concerned about the employee management, but employees are the heart of the organization. This important portion of an organization in a precise is conducted by a person called Human Resource Manager.
Although the background of Human Resource Management is not so matured, it creates an importance within the organization. Day by day it makes a challenging career in our country perspective. In this new millennium has bought new challenges for the HR professions. As we move into the 'new economy', the focus on people and knowledge has steadily increased. Today, companies face new challenges in dealing with issues such as the scarcity of talent, the value of ideas/knowledge and the changing preferences of the labor market. Consequently, successful HR strategies are needed more than ever.
To fulfill this need the HR managers more or less have to face some constraint. Now being a contemporary issue of problems and prospects of Human Resource professions we have consider it as our topic.
1. Objective The First objective of preparing this report was to fulfill the course requirement. The other objective was to identify the problems and prospects of Human Resource professions.
2. Limitations During preparing this report there were time, cost and resource limitation. So, we can not perform the research for the term paper precisely.
1. Methodology
The information of this study is basically collected from primary data where we tried our best to find out “The Challenges of Human Resource Management in Bangladesh” by surveying the related people (HR manager) and students. For the purpose of this survey, we use mixed
References: 1. http://www.zeromillion.com/business/hrm.html; Date: April 21, 2011; Time: 10 am 2. http://humanresources.about.com/od/glossaryh/f/hr_management.htm; Date April 22, 2011; Time: 11 pm 3. http://www.fibre2fashion.com/industry-article/business-management-articles-reports/the-challenges-of-human-resource-management/the-challenges-of-human-resource-management1.asp; Date: April 23, 2011 Time: 9.30 pm 4. http://www.google.com/#sclient=psy&hl=en&source=hp&q=the+problems+and+prospects+of+HRM+in+bangladesh&aq=f&aqi=&aql=&oq=&bav=on.2,or.r_gc.r_pw.&fp=3ef72cf79a3a8398; Date: April 25, 2011; Time: 11.30 am