Why Human Resources Is Important HR is typically thought of as a cost center that does not contribute to the bottom line even though they are responsible for hiring and protecting your company’s most important asset-people. Without strong‚ satisfied and motivated people in place your business will not grow to its potential. The Management Team often view HR as a team of paper pushers who take care of benefits and policies‚ or are a necessary evil-here to protect the company and limit issues
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Human Resource is the most important asset of an organization The importance of human resource (HR) can be explained through the analogy of a motorcycle. A motorcycle can’t run on its own without the function of its many parts. It needs to be serviced regularly‚ the parts oiled and sometimes‚ talking to it‚ helps in running of your motorbike. Trust me (I myself‚ own a Vespa). Ignorance of its squeaky brake pads‚ almost thread less rear tyres could hamper the
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Human Activities and the Loss of Natural Resources Natural resources including soil‚ water‚ forest‚ mineral and biodiversity have been repeatedly destroyed around the world by humans. “Since 1970‚ over 600‚000 square kilometers (232‚000 square miles) of Amazon rainforest have been destroyed” (Butler‚ 2011). The FAO (Food and Agriculture Organization) estimated that “soil erosion carries away a volume of soil equivalent to one metre deep over 200‚000 hectares every year in the Philippines.” In
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Singapore‚ unlike many other larger countries‚ are lacking in natural resources. The main reason for Singapore’s growth and success today is largely due to good governance‚ encouraging the influx of foreign investments and development in various fields like engineering and manufacturing sectors. However‚ without the most important criteria to ensure economic success; the human population and workforce‚ Singapore would not have been able to achieve today’s standards as a first world country. Without
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Profits is a very important concept for businesses‚ it is a mission to achieve to reflect the risk that they take. Profit is also an important source of finance for business on going operating. The word ‘profit’ has been talked by every company for hundreds years. However‚ the profit is not an only mission that every company focuses on. Especially in recession‚ there are other things that every company should consider‚ such as human resource. During last thirty years‚ there are five major global
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Introduction Human resource management (HRM) is one of the important factors that are critical to organisation success. Without it‚ there can be no clear vision‚ and opportunity will be squandered. Without it‚ resources will be wasted‚ and a workforce’s full potential will remain woefully untapped. Acquiring the right talent is the key to building a company’s leadership pool. Therefore‚ this paper looks at the relevance of Human Resource Department in large organisations. The paper starts by defining
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Business Management and Human Resources In the field of Human Resources and Business Management good strategies make a difference in the output of the employees. Human Resources involves managing people. A good organization can’t build a good team of working professionals without it. The key functions of the Human Resources team include recruiting people‚ training them‚ appraising performance‚ motivating employees as well as workplace communication‚ workplace safety‚ and much more. A good working
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Understanding Organisations and the Role of Human Resources 3HRC Introduction In this report I will aim to explain why the retention of the HR department in our organisation is essential. To illustrate this I will explain how 3 HR activities support the organisation’s strategy and explain 3 ways the HR professionals support line managers and staff. Findings HR department is important to overall success of organisation. I have identify three HR activities which support organisation’s strategy
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vision. 2. Why is it important to analyse the strategic direction‚ objectives and targets of an organisation to determine human resources? The objectives and targets are the code of human resource‚ even for a company that are the same. 3. What are some of the strategic objective and targets of human resources that you have to consider within an organisation? Research planning requirements. Develop human resources strategic planning. Implement human resources strategic planning.
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The importance of Human resource Assignment 1 Human resource is the set of individuals who make up the workforce of an organization and crucial for the success of the organization. Human resource is the most valuable asset to any organization and huge investment is made for the development to enhance the value. Organizations are comprised of three types of major assets that are needful to an organization’s ability to produce goods and services‚ namely‚ Financial assets‚ Physical assets and Intangible
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