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Human Resource Management - Assignment Example

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Masters
Assignment
Miscellaneous
Pages 16 (4016 words)

Summary

Organizations work with several resources. These include capital, physical equipment, land and buildings and people. People are its most important resource. In fact organizations are also generically selling their goods or services to another set of people i.e…

Extract of sample
Human Resource Management

No human would be willing to work with frustrated aspirations or stunted and suppressed feelings. Thus it becomes incumbent on an organization to nurture and develop the feelings, aspirations, emotions of its employees. This is the traditional function of the human resource management function in any organization. Present day literature, however lays more emphasis on strategic human resource management wherein the human resource management function is aligned in such a manner that fulfilling human resource management function automatically ensures reaching strategic objectives of the organization. In short the human resource management function is woven with in the overall strategy of the organization. Strategic approach to human resource management implies putting in place a set of internally consistent policies and practices that ensure that organization's human capital (skills, combined knowledge of employees and abilities) contributes to organizations strategic objectives. Whereas a bare approach to Human resources management is a self explained concept without its strategic orientation. It refers to all those activities that are undertaken consciously or unconsciously, internally or externally to an organization whereby human resources of the organization are developed and utilized in a manner to maximize achievement of organizational goals. ...
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