HUMAN RESOURCE MANAGEMENT A KEY INDICATOR TO CORPORATE SUCCESS-CONTEMPORARY ISSUES

 

The main objective of the present article is to bring the importance of human resource management and how human capital has emerged as a vital resource for the growth and success of the organization. Most experts believe that human resource may require more prominence and trusted management than any other resources of the organization. Rapid changes in the technology, economic, social, cultural and psychological understandings and structures have influence on both human resources and their management. Present models of HRM indicate that the expectations about HR roles are moving as organizations are motivating to make the HR functions smoother and better strategic. Organization needs to deal with an ageing workforce; look for benefits like compensation, better integration and provide cross cultural employment systems. As per policy, human resource management adopts new methods to sustain the position of corporate development partner. The position of the HR manager should support the necessities of improving organization. Best organizations are focusing on adaptability, resilient and immediate to adopt improvement and customer satisfaction. With built environment, the HR professional should know how to handle considerably by planning, organizing, leading and directing the human resources for improvising on emerging solutions in training and development of workforce.

 

KEYWORDS: Human Capital, Human Resources, Management, Workforce, HR, Trends, Organization.


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