Commercial Applications
Human Resource Management is the management of people at work. With reference to the above statement explain the role of Human Resource Management in an organisation.
Answer
Human Resource Management is the management of people at work. It is concerned with managing all types of people at all levels — workers, supervisors, officers, managers and other personnel. The role of HRM in an organisation is highly significant and is explained below:
Attracting and Retaining Talent — HRM helps in attracting and retaining the required talent through effective human resource planning, recruitment, selection, placement, orientation, compensation and promotional policies.
Developing Skills and Attitudes — HRM develops the necessary skills and right attitudes among employees through training, executive development and performance appraisal.
Securing Willing Cooperation — HRM secures willing cooperation of employees through motivation, participation in decision-making, grievance handling and effective communication.
Effective Utilisation of Human Resources — HRM ensures that the available human resources are utilised effectively to maximise productivity.
Ensuring Future Talent — HRM ensures that the enterprise will have in future a team of competent and dedicated employees by planning succession and conducting career development programmes.
Improving Quality of Work Life — Through fair compensation, sound grievance handling and welfare measures, HRM improves the quality of work life.
Building Sound Human Relations — HRM helps build healthy relationships between individuals and different work groups, fostering team work and harmony.
Related Questions
"Effective management of human resources is essential for the prosperity and welfare of an organisation, a society and a nation." In the light of this statement, describe the role of human resource management.
"Human resource management seeks to achieve personal and social goals." Explain. Outline the major functions of human resource management.
What is the professional and social significance of Human Resource Management?
OR
Explain three professional and two social significance of Human Resource Management.
What do you mean by development function of Human Resource Management? Discuss its various activities?