Importance of HRM (Human Resources Management)
Importance of HRM
HRM (Human Resources Management) is not only important for the Organizations but also it is important to employees or the individuals and the society.
We may categoriesed the importance of HRM into three broad categories as follows:-
(1) Important to the Organizations
(2) Important to the employees or individual
(3) important to the society
(1) Important to the Organizations
Here how HRM is important for a Organizations is discussed pointwise:-
(a) Good Human Resources practice helps in attracting and retaining the best peoples in the Organizations.
(b) In order to make the best use of latest technology the appointment of right type of person is essential. The right people can be fitted into new jobs properly only if management perform it's HR functions.
(c) Globalization has increased the size of the organization who employ thousand of employees in different country. The performance of the company depends upon the qualities of the people employ. This has further increased the importance of HRM.
Human Resources planning alert the Organizations to the type of people. It will need in the short, medium and long term.
Human Resources Management is essential for meeting the challenges in future.
(2) Important to the employees and individuals
Human Resources Management is important for the employees or individuals due to following reasons:
(a) It promote team work and team Spirit among employees. It offers excellent growth opportunities to peoples who have potential to raise.
(b) HRM should increase employees job satisfaction to work with diligence and commitment.
(c) HRM should assist the employees in achieving personal goals.
(3) Important to the society
Human Resources Management is important to the society as well for following reasons :
(a) Creating employment opportunities for the society.
(b) scarce talents are put the best use.
Comments
Post a Comment