Human Resource Management
Contribution of Human Resource Management in achievement of organisational objectives
Human Resource Management seeks to achieve - Individual, Social Organizational Goals:
Organization is a social unit that is composed of number of people and function through people only. All the resources such as men, money, materials and machinery are collected, co-ordinate and fictionalized by the people. Without human efforts, no organization can achieve its goals. Therefore, this resource is called human resource, which is the most significant resource of any organization. We also consider that human resource ...view middle of the document...
❖ Increase morale and good human relation within the organization.
❖ Maintain the quality of work life.
❖ Maintain policy and behavior in an organization.
❖ Increase job satisfaction so that organizational goals achieve economically.
❖ To achieve organizational goals provides well-trained and well motivated employee.
❖ Promote effective utilization of human resources that is the primary goals of Human Resource Management. (Baptiste, 2004)
All these objectives help to achieve individual, organizational, social goals.
Importance of Human Resource Management
Importance of Human Resource Management can be explained at four levels such as corporate, social, national, professional etc.
Through Human Resource Management, an organization can achieve its goals more efficiently and effectively in the following ways:
a) Motivating and retaining the required talent by effective human resource policies such as human resource planning, recruitment, selection, placement, orientation, compensation and promotion etc.
b) Developing the necessary skills through training and development, performance appraisal etc among the employees.
c) Establish the willing co-operation of employees through motivation and participation. (Baptiste, 2004)
Effective Human Resource Management provides facilitation to improve the quality of work life and teamwork among employees through better healthy working environment. The professional growth can be achieved in the following ways:
a) Facilitating maximum opportunities for individual growth of each employee.
b) Establishing healthy relationships between individual and different work groups.
Box-1: Role of Human Resource Manager
Source: (Gupta , 2004)
❖ Human Resource Manager play an important role in investing in employee development and also assisting employees to prepare themselves for internal positions in an organization.
Recruitment: Function of HR Manager starts with recruitment of personnel. If properly managed, the recruitment system determines the needs, skills and recruit the person at right time to meet organizational needs.
Retention: Retention is another aspect of HR Manager which keeps the records of all the employees about the nature of the job, department etc.
Retirement: Maintain all the necessary formalities for providing various retirement packages.
Figure1: Function of Human Resource
Source: Compiled by author
We consider that Human Resource Management is the central subsystem of an organization as it continuously interacts with all other subsystems of an organization. In all subsystems the quality of people mainly depends on the various policies , programs and practices of HRM subsystem which determines in turn the success of an organization.
Box-2: HRM as central subsystem in an organization
Source: Murdick, and Thomas C.Fuller (1979)
Functions of Human Resource Management