Human resource management plays a critical role in the business progress as it handles the essential resources of the company. We can argue that a set of universally applicable HR processes leads to improved business performance.
2. Surefire techniques of human resource management involve
processes and universal actions. In our HRM research, we might come
across novice methods and strategies that serve well for some
companies, but do they fit all organizations? There are two schools of
thought on how human resource management works best - the best fit
and the best practice.
3. Adding more value to the business has always been an integral part of
growing businesses. The best fit school also states the same notion;
human resource policies should align with business strategy and
complement it from all angles. Most importantly, HR should focus on
the requirements of both the parties - The organization and
employees.
4. Human resource management plays a critical role in the business
progress as it handles the essential resources of the company. We can
argue that a set of universally applicable HR processes leads to
improved business performance.
5. According to its proponents, certain bundles of HR activities support
companies in reaching a competitive advantage regardless of the
organizational setting or industry. There are a lot of studies that
attest to this theory.
We can table the extensive scientific debate for later; on the merits
and flaws of each approach. While discussing the broader spectrum of
HR techniques, the truth often lies somewhere in the middle. Also, the
HR strategy and subsequent HR activities should work harmoniously
with the organization's strategy for optimum efficiency.
6. Provide Security for the Employees
Providing employment security might seem quite simple to
organizations, but from an employee perspective, it is huge. Not to
mention, some employees are the only breadwinners in their families. It
is crucial not only for employees but also for the organizations; it can
drastically improve attrition rates and employee retention.
7. Be Particular About the Hiring Process
Emphasizing the hiring process will surely provide a lot of gains to the
organization. It enables an organization to bring in employees who add
value. It is not a big deal to find a candidate who fits the job's skill set
required. More important is finding someone who adds more value to the
business.
8. Self-Managed and Impactful Teams
Everyone knows that teamwork is crucial for achieving goals faster.
People are stronger when they work together. "A company is just like
an enormous clock, and it only works when all the cogs mesh together."
A phrase from Mr. Incredible fits the explanation perfectly in this case.
9. CONTACT
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