OTHERS

IMPORTANCE OF HRM

Human resources are a valuable asset to the organization. They are the strength & pillars of any organization. To face new challenges, effective HRM is required. Significance of HRM can be classified as:

1.    Organization significance – HRM helps an enterprise in achieving goals effectively & efficiently by:

*Better utilization of available resources.

*Developing the necessary skills among the employees by training, development, performance appraisal, etc.

*Ensuring that enterprises will have competent and dedicated employees in the future.

2.    Social Significance –Sound HRM helps to enhance the dignity of labour by:

*Eliminating wastage of human resources through conservation of physical and mental health.

*Multiplication of employment opportunities.

*Providing suitable employment that provides social & psychological satisfaction to the people.

3.    Professional Significance –Effective HRM leads to professional growth by:

*Providing excellent growth opportunities to people.

*Promoting teamwork & team spirit among employees.

*Developing people regularly to meet the new challenges of their job.

OBJECTIVES OF HRM

Some of the objectives of Human Resource Management are as follows-

1. To help the organization to achieve its goals by providing well trained & well-motivated employees.

2. To enhance job satisfaction as well as the self-actualization of the employees by encouraging them to realize their potential.

3. To fully utilize the available human resources effectively.

4. Establish and maintain friendly relations between the employee & management.

5. To reconcile individual as well as group goals along with organizational goals.

6. To develop & maintain the Quality of Work Life (QWL) of employees.

BBA TIAS, New Delhi

http://www.intraders.org

Rashmi Gujrati

Prof. Dr. Rashmi Gujrati , Professor-Dean (International Affairs) CT University, India President-Editor-In-Chief Tradepreneur Global Academic Platform, UK (Institution of Research & Development) Qualification: M.com, MBA, Ph.D. Specialization: Marketing, Finance & International Business, Entrepreneurship. Editor-In-Chief International Journal of Business Operation Editorial Board member of (IJEFMS) Science Publish Group, USA Editorial Board Member of Academic for Global Business Advancement Association, USA Reviewer of Common Ground Research Networks University of Illinois, USA Reviewer IBIMA Association, Spain Scientific Review Committee, Advisory Board Member of AASE Member Chung Yuan Christiana University, Taiwan Scientific Board Member of InTraders Academic Platform, Turkey Editorial Board Member of Journal of Agriculture, Food, Environment and Animal Sciences, Turkey Indian Commerce Association Indian Accounting Association Indian College Principals Association Review & Editorial Committee Board Member Laescuela Education Scientific Committee Member of Research Synergy Foundation (RSF) Indonesia Editorial & Review Committee member FSSER Malaysia Editorial & Review Committee member GI-SSF Malaysia +919759347347

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