THE ROLE OF HR IN ORGANIZATION SUCCESS -HR MANAGEMENT IN ORGANIZATION
HR MANAGEMENT IN ORGANIZATION
What is HRM?
According to The Harvard
Model of Human Resource Management, created by Michael Beer, Human Resource
Management is a strategic approach to the employment, development and wellbeing
of the people working in an organization. Human resources management
involves all management decisions and actions that affect the relationship
between the organization and its employees – in other words, its human
resources.
HRM refers to the management of all decisions within an organization that are related to people.It concentrates on making the most of the human resources that are at the disposal of the organization and enhances the performance of employees to achieve the organization’s objectives. HRM ensures the seamless and effective application of policies and processes in the business.
HRM is there to keep the balance between employee needs and satisfaction and an organization’s profitability and capability to reach its objectives.
In practice, however, HRM
is a tool used to try to make optimum use of human resources, to foster
individual development, and to comply with government mandates. Larger
organizations typically have an HRM department and its primary objective is
making company goals compatible with employee goals. For a company to attain
its goals, it must have employees who will help it attain them.
An efficiently functional
HRM aids the workforce of an organization to contribute efficiently and
effectively towards the overall achievement of an organization’s goals.
HRM
is a distinctive approach to employment management that seeks to achieve
competitive advantage through the strategic deployment of a highly committed
and capable workforce, using an integrated array of cultural, structural, and
personnel techniques.
HR has many important functions in the organization. These include recruitment, performance management, learning and development, and many more.Personnel procedures involve the handling of promotions, relocations, discipline, performance improvement, illness, regulations, cultural and racial diversity, unwanted intimacies, bullying, and so on. For each of these situations, policies and procedures need to be developed and followed to successfully comply with the requests, or overcome these challenges.
HR
is a multi-faceted role that enables companies to get the most out of their
workforce. As an HR professional, you need to have a wide-ranging skill set to
perform across these core HR functions. Within HR, education cannot end with
gaining your core qualification. Society and the workplace are constantly
changing and evolving. You too must continuously develop, to lead your
workforce confidently through change.
The human resource function
of every defines their success as an organization. An organization’s HR
function plays a major role in the growth of its bottom line and the success of
its business strategy. The very nature of a company is in its people, and
giving direction to people is what human resource management is all about. HRM
provides an organization with the best services and systems drive both profit
and team synergy.
References
TechTarget(2017-2022) Human resource management (HRM) https://www.techtarget.com/searchhrsoftware/definition/human-resource-management-HRM
AIHR (2020) The
12 Key Functions of Human Resources https://www.aihr.com/blog/human-resources-functions/
Page 2 & 3
HR Helpboard
(2022) AN RESOURCE MANAGEMENT
(HRM) DEFINITION MEANING
https://community.nasscom.in/communities/hr-summit/human-resource-management-hrm-definition-meaning
https://medium.com/@beatricemcgraw01/the-role-of-hr-in-b2b-business-success-ab86f5870210
What is the main objective of the HRM?
ReplyDeleteHRM plays a most important role in any organization. What are your thoughts on the role of HRM in regards to enhancing organizational performance??
ReplyDeleteIs HR department having internal KPI's?
ReplyDeleteHRM makes ensuring that policies and procedures are applied consistently and successfully throughout the company. The purpose of HRM is to maintain equilibrium between employee requirements and satisfaction and an organization's profitability and ability to accomplish its goals. Theories are well explained.
ReplyDelete