Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Download
Standard view
Full view
of .
Look up keyword
Like this
12Activity
0 of .
Results for:
No results containing your search query
P. 1
Human Resources Management :

Human Resources Management :

Ratings: (0)|Views: 219|Likes:
Published by Nicole Martinez

More info:

Published by: Nicole Martinez on Dec 08, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as RTF, PDF, TXT or read online from Scribd
See more
See less

09/08/2014

pdf

text

original

 
Human Resources Management :
Strategic planning means long term and short term planning of variousactivities begining from goal setting to achieve the goal and the resetting new goals.Whileadopting strategies, managers give maximum emphasis on optimumutilization of resources like finance, capital, raw material, but quite often they neglect or giveless importance to human resource. The clear fact is that HR is the mostsignificantasset of the enterprise because optimum utilization of other resourcesdependsentirely on efficiency of the Human Resource.As said by a famous management consultant
“For many yearsit has been said that capital is the bottleneck for a developing industry. It is no longer holdstruebecause it is the workforce and the company’s inability to recruit and maintain a good workforce tht does constitute the bottomneck for production. I don’t knowany major project in any field backed by good ideas, vigor and enthusiasticteamhas been stopped by the shortage of cash but there are innumerable projectswhich failed drastically inspite of having of having huge cash just because of absence of efficient and enthusiastic workforce.”
IMPORTANCE OF HUMAN RESOURCE MANAGEMENT
Though very frequently neglected, all managers are in a sense, HR managers because they all deal with human resource to do their tasks, All manager’sget
 
involved in activities like recruiting, interviewing, selecting, training, promotingetc. at any level.REASONS TO GIVE EMPHASIS ON HRMIn strategy formation, proper emphasis must be given to HRM because intoday’s information age all the companies have similar technologies,methods andexposures to the market so the only distinguishing factor is work force (HR)of thecompany. Due to globalization, every company has to compete with the bestof theworld and in such situation inefficient, demotivated and inactive work forcecanlead only to close down, low profit, zero goodwill situation.Even if HR is so important most of the managers neglect it because of thefollowing reasons :• Responsibility of HRD :Top level manager think that HRD is solely responsible for development of 
Why do managers fail to include HRM as part of their overallcorporate strategic plan ? How would you convince them to doso ?
2
human resource but actually all the heads of the functional managers must participate to get maximum output from their workforce.Many managers have the notion that every employee will give their best toget increment and promotion but this is not reality. It is well proved that allemployees need motivation to give their best to the company.Many managers consider HRM as a time consuming, expensive andunnecessary burden on top level management but the fact is that HRD isverynecessary for optimum utilization of other resources and smooth functioning
 
of the company.In the changing environment, Globalization has opened wide market for allthe companies. It has caused more competition and more pressure to perform better than the rest of the world. It has also created lots of new opportunitiestoexpand business in new territories. Only a well equipped, trained andefficientworkforce can lead the company to success and prosperity in such anenvironment.Due to globalization the demand of talented people has increased as allcompanies want to hire best people of the field. So not only recruiting butalsoretianing the talented employees is a big challenge for HR department.
Ron Pilenzo
in his article “
 A new Paradigm for HR
” has reasoned out that
in changing environment HRM cannot survive only by doing “Hire and  Fire Function” but it will have to retain its position in top level management byadding value in the strategic development process.
Many CEO’s and top level management question need of HRD managementand upto some extent their question need appropriate answer too. If withchangingenvironment the HRM cannot survive without upgradation.HR is necessary to achieve following advantages :
• Achieving competitive advantage :
According to
Bernardin
, competitive advantage means the ability toformulatestrategies that place a favourable position relative to other companies in theindustry.

Activity (12)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads
teh_osman liked this
bubu_enavic liked this
AliaOriban liked this
john834 liked this
qaisar_murtaza liked this
Lee Ching liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->