I also had the opportunity to work flexible hours and source some information from the work place. So there is no doubt that if human resource management is means to the end of organisational development, it functions as a section under organization development. Social Level 2. (v) By helping people make their own decisions, that are in their interests. (vi) Preparing the people to adapt to technological & other changes in the organisation. b. The HR professional helps establish the organizational culture and climate in which people have the competency, concern, and commitment to serve customers well. In health and social care setting, staff care about their clients and they still have to work home searching about illness or new information which they have come across or they phone their colleagues doing the same job communicating with them whether they knew this new information or they have heard about it. In addition to ensuring that the firm is generally competitive in terms of salary, the human resource manager also ensures that expenditures are within allocated budgets. (i) Maintaining the dignity of the employee as a ‘human-being’; (ii) Providing maximum opportunities for personal development; (iii) Providing healthy relationship between different work groups so that work is effectively performed; (iv) Improving the employees’ working skill and capacity; (v) Correcting the errors of wrong postings and proper reallocation work. Everything you need to know about the importance of human resource management. The second approach elaborates this further by stating that HRM is distinct to previous forms of personnel administration in … In addition, group members’ disagreements should have resolved and achieved their goals. Experiential Learning. (e) It helps in securing competent and dedicated employees in the organization in future. If they find anything relating to this topic it would be passed on during handovers, or study days or staff meetings (Lectures in Class). Provide strategies for intervention based only on this theory, Emergence Of Artificial Intelligence In Writing Industry. Optimal utilization of available human resources. (iii) Utilising maximum resources in an effective manner and paying the employee a reasonable compensation in proportion to the contribution that has been made by him. 7. Human resources are the source of developing competitive advantage because through these resources, other resources are put into operations. (i) It maintains a balance between the jobs available & the jobseekers in terms of numbers, qualifications, needs & aptitudes. (i) It offers excellent growth opportunities to people who have the potential and attitude. The importance of HRM has been discuss in the following points: Simon’s concept of ‘mean’ end and ‘fact’ and ‘value’ has giving “purposive behaviour”. Such an HR manager would prove effective in performing his/her changing role, which will be in the interest of the organisation and other stakeholders. 2005. Professional Level 3. My own development at my workplace has been influenced by management by actively participating in areas that will boost my confidence and skills at work: Effective communication is management-arranged training for all the staff based on improving communication skills among staff and clients under our care. Disclaimer 8. HR team reward departments or groups on the basis of their performance which builds morale and team spirit of the employees. 11. (c) This helps in getting a good co-operation among the employees through proper motivation, participation etc. By providing a healthy working environment it promotes team work in the employees. Importance of Human Resource Management – For an Organisation, Enterprise, Individual, Society and the Nation, Importance of Human Resource Management – At Different Levels of an Organisation, Importance of Human Resource Management – For an Individual Enterprise: Social, Professional and Individual Enterprise, Importance of Human Resource Management – Organisational, Social and Professional, Significance or importance of HRM can be explained by dividing in into the following, Importance of Human Resource Management – For the Organisation: Explicit Communication, Successful Procurement, Reduced Layoffs, Reduced Turnovers and a Few Others, Human resource managers ensure proper coordination and integration between the authority, and responsibility relationships existing between various levels in, Importance of Human Resource Management – Filling Organizational Positions, Developing Competencies, Optimum Utilization of Human Resources and a Few Others, Importance of Human Resources Management – Professional, Social and National Importance, Importance of Human Resource Management – At Different Levels (With Assumptions), Importance of Human Resource Management – At the Individual, Organization, Society and National Level, Importance of Human Resource Management – For the Organisation, Individual, Society and Nation, uman Resource Management – To the Organisation: At the Enterprise, Individual, Society and at the National Level, Importance of Human Resource Management – Top 10 Reasons Why HRM is Important, 5. In the area of handover, with good communication and cooperation, full details of all that happens in the shift must be discussed to the next person in charge to avoid risk to health. HR department also arranges training programmes to prepare them to assume more challenging roles & responsibilities. The organization also undergoes development with the overall benefits along with the development of its members. Copyright 10. It provides an overview of administrative roles and functions, major organizational theories related to this practice field, and the evolution of social work management education. While India has abundant human resources, a very high proportion of these resources do not have required competencies. Explicit Communication 2. (iv) Utilizing efficiently and effectively the available human resource. Scarce talents are put to best use. Therefore, creating and maintaining a motivated work force is the central responsibility of management everywhere. (iii) Tying willing cooperation of the employees for achieving goals of the enterprise and fulfilling their own social and other psychological needs of recognition, love, affection, belongingness, esteem and self-actualisation. According to them, these two cannot be separated from each other. HRM creates congenial and conducive atmosphere where people can develop mutual understanding, mutual trust, and confidence, which are prerequisites for work in a team/group. (vi) Revolution in information and technology. iv. It promotes team work and team spirit among employees. In some companies, the HRD, or Human Resource Department, is even considered more important than other departments. Training and development of employees to ensure their efficient performance and growth. 1. Formanaging work relationship, it is important to have a good relationship with your boss and also colleagues. Design recruitment and training: They are significant because they cull the right kind of people … So, it helps to achieve individual, organizational and social goals. Most of the forward-looking organizations are making efforts to develop distinctive competence through their human resources as these resources are the prime mover of physical and financial resources. HRM introduces employee’s performance review system (EPRS) to evaluate the present performance and potential of the employees for higher responsibilities wherein, Key Performance Areas (KPAs) are decided jointly by the, subordinate and the superior. Human resource, thus, plays a pivotal role in the organizational setting. Human resource management (HRM) has various definitions, but in the main there are two general approaches. The importance of human resource management is as follows: Various organizational positions, created in an organization through organizing process are filled by performing relevant human resource management functions. Human resource management creates team work among employees by providing a healthy working environment. (ii) Appropriate training, development, performance appraisal can help developing the right skills & right attitudes among the employees. In case adequate attention is paid to the betterment and development of personnel, many of the problems of the management would be solved automatically. Various organizational positions are allocated non-human resources — physical and financial. What is human resource management? When the climate is right, human beings are motivated to give their best. Developing people on a continuous, basis so as to enable them to face challenges emerging from their jobs. High Motivational Levels 8. It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals. His/her personality, ambitions and aspirations, attitudes and perceptions affect his/her working because all personnel in the organisation are concerned about their status, roles, personal and family needs, security, and relations with their fellow workers. Keywords: social legitimacy, HRM profession, business strategy, productive alliances, gender composition, employment relations Thomas A. Kochan Thomas A. Kochan is the George M. Bunker Professor of Work and Employment Relations at MIT’s Sloan School of Management, Co-Director of the MIT Institute for Work and Employment Research, and Chair of the MIT Faculty. The competent employees are given fair chance of promotions. iv. Error, group does not exist! b. HRM is of great use in helping business organisations to attain its goals and objectives more efficiently and effectively in the following ways: (i) By ensuring that business organisation has a team of dedicated, competent employees. Because of employees from diversified culture, sex, highly skilled employees, different labour laws in different countries, enlightened labour unions and leaders, high expectation of employees and competitive demands, management is not in a position to do justice with the job. Maintaining a fine balance between the jobs available and the job seekers in terms of numbers, qualifications, needs and aptitude. (vi) Increase productivity and profitability. They seek out those with higher qualifications with experience in the profession. Social Significance of HRM lies in the need satisfaction of the personnel in the organisation. HRM promotes the quality of working life of the employees through introduction / implementation of policies, procedures for satisfaction of physiological and psychological needs of the employees. Human resource management probes existing human resource in certain interval of time to identify if the company has adequate number of workers or not. This is done by taking the following steps: (i) Forming the dignity of the employees as a ‘human-being’. (i) It improves employment opportunities. Human resource activities if conducted properly can result in tremendous benefits to the organisation; some of the important ones are listed as under: HR planning can help a firm develop a focused set of strategic objectives and communicate them effectively to people at various levels in the organisation. HRM is always busy making efforts in this direction. Negotiation: This is one another important skill that an HR manager needs to develop. Effective human resource management leads to employee satisfaction in several ways- feeling of an employee that he is doing a job which matches him, development of the employee on continuous basis, availability of promotion avenues, incentives for better work performance, etc. .. Assessing individual training and development is an event that provides a learning and practice in order to prepare the workforce to motivate to jobs that will benefit the employees and employers. Human resource management focuses on achieving higher production and most effective utilization of available resources, 1. Human resource management ensures that every employee makes his maximum contribution to the achievement of business goals. The motivational levels of employees in the organisation can also be maintained by ensuring fairness and equitableness in their compensation with the help of effective human resource management. (v) Healthy human resources practices creates healthy employer employee relations & so in the enterprise. Importance of HRM in the organizational context can be judged from the following: 1. Because of this match, there is optimum utilization of human resources. HRM attempts to develop personnel and provides appropriate environment for their effective utilisation. Terms of Service 7. Many scholars in the field of management studies have since come up with different definitions and ideas of strategic human resource management. placed by the departments, and thus helps the departments in smooth running of the operational activities in order to produce the quality goods at reasonable cost as targeted. (iii) Maintaining healthy relationship between individuals and different workgroups. Thus, through efficient and effective procurement, development, compensation, integration and maintenance of human resource in an organisation, an HR manager creates and retains an effective workforce which, in turn, creates services and goods.