Professional Documents
Culture Documents
HRM has marked its importance through TALENT SEARCH and TALENT
DEVELOPMENT. Analyzing the top best 100 companies demonstrate one common
characteristic i.e. Strengthened HR Departments that strategize RECRUITMENT &
SELECTION PROCESS through policies of TOP MANAGEMENT. Every job got a
person with the required skills, knowledge and traits that ensure right decision at the right
time.
TRANSPARENCY
TIME SAVING
HRM has been identified as tool of time saving through its various business linked
strategies that saves time of business operations and processes by facilitating business
clientele ultimately resulting in enhanced customer base and business results.
COMPETITION
HRM has encouraged competition in and among organizations as the existing talent tries
for excelling from each other and the same way organizations promote competition.
HRM has encouraged competition that requires talented people to hold the important
positions to excel in the current race of cut throat competition. The traditional approaches
of nepotism are no longer to sustain in the business race.
CAPACITY BUILDING
Business world is changing every day. It requires new skills, knowledge and talents after
every passing day. What works today, don’t work tomorrow. HRM is upgrading Human
Resource through continuous trainings that cater for current skills inventory as well as
developing for future requirements.
HRM has proved helpful in improving the work quality through emphasizing provision of
better working environment & conditions, focusing on employees health and counseling
for employees problems that not only motivate them but also improve the quality of
work. We can say that
A recent study published in Weekly Business Magazine, “FORTUNE” reveals that the
top best 50 organizations with empowered HR functional Departments had better cost /
benefit results than those with traditional Personnel Departments.
INDUSTRIAL HARMONY
HRM has proved itself through stabilizing industrial peace and promoting industrial
harmony throughout the industry. HRM aspect of employee’s consideration reduced the
communication gap between employees and top management, ultimately policies are
being formulated having employees say that leads to corporate culture with balanced and
harmonized environment.
EMPLOYEES MOTIVATION
HRM has been identified as a support function to employees through its various incentive
& awards programs for employee’s encouragement that leads to enhanced employees
retention trends.
HRM basic function is to search out the best available market talent in order to maximize
the organization out, contributing towards its goals and objectives that ultimately leads to
increased production and profits.
Core HR practices reflect the Top Management’s view about employees consideration.
HR policies reflect how much the Management recognize their employees contributions
towards organization goals. In today’s business race, only those organizations can excel
which have the best HR policies towards employees motivation, commitment and
retention.
OVERALL ORGANIZATIONIMAGE
An organization with better HR practices is not only admired among it’s own employees
but also among the employees of other organizations that have relatively weaker HR
practices. Employees feel pride to have an affiliation with such organization as it
In short if our organizations get better Human Resource, related policies and practices,
they would be enjoying more productivity and related business results and ultimately
contributing more towards stabilizing the state economy.