hr practices - training and development essential

Training and Development | Essential HR Practices

Training and Development is an essential practice for any organization. It helps firms to enhance employee performance and track their productivity. It is expected of training interventions to bring forth productive results for the organization’s goals. Developing the knowledge base of employees, skill enhancement, human resource utility and teaching of new concepts and ideas are the kind of engagements that are included in it. However, this intervention in itself is a rather expensive investment. The…

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analysis-metrics

HR Metrics to Drive Business Results

The following questions are fundamental for planning and implementing any strategic HR plans: Where are We? Where Do we Want to Be? How are we going to Do That? How do we measure our Progress? Where are We? There is a paradigm shift in the world of work that even the terms used to describe how to measure performance at the workplace have undergone a transformational change. HR metrics have become a vital component in…

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Human resources analytics(HRA)

A beginners guide to HR Analytics

Intro to HR Analytics If we compare the ever-changing world of today to the world that existed just a few decades back, we realize that human capital perhaps became the most sustainable source of competitive differentiation and value creation for an organisation. The role of Human Resource is crucial when it comes to ensuring businesses are functioning at their optimum levels. However, achieving this is no easy task, as HR teams need to manage a…

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How Recruitment and selection are critical..

Staffing – How Recruitment and selection are critical to organizations                                                                           “The Right People can help to take the business to the top;                                …

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Human Resource : An Industry

Human Resource, also known as Human Resource Management or HRM in the corporate world is a function in organizations and firms deliberated to increase the employee functioning of an employer’s strategic goals and objectives up to their maximum capacity. Human Resource is essentially concerned with the art of getting things done by employees, efficiently and effectively in a well thought-out way, focusing on policies and systems, also termed as Management. Human Resource refers to everything…

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HRM is Important for Success of an Organisation

Human resource management is the management of people at work . HRM is the part of the organisation that is concerned with the people dimension. it can be viewed in one of the two ways . First,HRM is a staff or support function in the organisation . its role is to provide assistance in HRM matters to line employees or those directly involved in producing the organisation`s goods & services . Second , HRM is…

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Strategic HRM…

Strategic HRM as the name suggests is a form of human resource management. In face the term strategic HRM  stands for Strategic Human Resource Management.The Strategic human resource management is a process so as to make sure that the Human resources in management follows a long term business goal and follows a strategic framework. These strategic human resource management may focus on matching resources to future needs,concerns about quality,quantity,culture,values,textures, and many others.It is mainly needed so…

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Liberalization and Globalization Impact On HRM

Liberalization and Globalization Impact On HRM

Liberalization:  The term liberalization means liberating the industry and trade from all unnecessary restrictions and removing all impediments in their growth arising from licences , permits , quotas , delays etc. it implies reduction in the role of government and increase in the role of market forces. due to this entrepreneurs gain the freedom to start new enterprises , acquire other enterprises , enter into joint ventures , restructure their operation. Globalization :  Globalization means…

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Human-Resource-based-Competitive-Advantage

Human Resource based Competitive Advantage

The four P’s of marketing- product, place, price and promotion,  certainly present many compelling ways to differentiate a firm’s product or services from those of one’s competitors. However, as one plans to get the business off the ground, one needs to consider more than just marketing strategies to achieve sustainable competitive advantage, no matter which market the firm is in. Thus one of the most important aspects of the business is what is known as…

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Human Resource Management in a new bottle

I know you all know what human resource management is. But what I have written here is presenting the concepts in a unique way. Importance of human resource management can be understood in a way that a dress , no matter how much stylish and expensive, is worthless until  and unless it is worn by a person. Similarly a machine no matter how much advanced, is a waste of money if there is nobody to operate…

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