Human resource operations contribute significantly to the success of an organisation.
Every organisation, large or small, uses a variety of capital to make the business work. Capital includes cash, valuables, or goods used to generate income for a business. For example, a retail store uses registers and inventory, while a consulting firm may have proprietary software or buildings. No matter the industry, all companies have one thing in common: they must have people to make their capital work for them. This is the area the skill of Human resource management is needed in helping generating of revenue through the use of people’s skills and abilities.
Human resource management (HRM) can be defined as the effective management of people in an organisation. HR management helps bridge the gap between employees’ performance and the organisation’s strategic objectives. Moreover, an efficient HR management team can give firms an edge over their competition.
A business management expert, Dr Timi Olubiyi, said human resources is important to organisations in myriad areas, ranging from strategic planning to company image.
He said that HR practitioners in a small business who have well-rounded expertise provide a number of services to employees, saying that the areas in which HR maintains control can enhance an employees’ experience throughout the workforce while strengthening business operations.
“HR management helps in bridging the gap between employees’ performance and how the organisation achieve their initial objectives. We can say human resources are the people involved in a business or organisation, regarded as a significant asset in terms of skills and abilities. Human resource management is therefore the effective management of the people in an organisation.
“An effective HR management can give firms an edge over the competition, because these HR managers are responsible for everything relating to human beings, and human beings form a huge percentage of a company’s success,” he said.
Benefits of HR development, Olubiyi said, “Effective HR development programs provide support for current and future employee development. This ensures organisational effectiveness by ensuring that employees get new employee orientation, performance support to complete tasks successfully and formal education to improve productivity.
“HR personnel analyze employee needs, design and develop or purchase relevant training courses, implement support systems and evaluate the effectiveness and business impact of learning solutions. HR development professionals enable continued success. HR development programs also help organizations comply with local, state and federal regulations.”
Roles Play By Human Resources Within An Organisation
Recruitment; the recruitment of new employees can contribute towards the longevity of any business. The human resources department has a clear understanding about the available vacancies within an organization and it takes necessary measures in order to fill up those vacancies. Recruiting new employees is a lengthy process. It is associated with advertising new job postings, sourcing potential candidates, screening the applicants, conducting interviews in the preliminary stage and coordinating with the managers who are responsible for making the final decision.
Establishing relationships with employees; the HR department is responsible for maintaining relationships with employees in a unionised work environment. It also focuses on strengthening the relationships among employees. As a result, the HR department is in a position to resolve all sorts of conflicts that arise within the organisation.
Ensuring the safety of employees; it is extremely important for all the organizations to pay special attention towards workplace safety. The HR department takes necessary measures in order to create a safe working environment for the employees. It is also responsible for reporting injuries that take place within the organisation to higher management.
Offering benefits and compensation to the employees; compensation and the benefits that should be given to the employees is handled by one of the specialists in HR department. That person evaluates the competitive pay practices as well.
Training and development; all the employees within an organisation should be provided with a proper training. It is the human resources department that is responsible for offering proper training and development for all the employees. Most of the HR departments out there in the world tend to offer professional development and leadership training for the employees in addition to extensive orientation training. It will help the employees to adapt accordingly to the organisational culture and perform with their maximum potential towards its development.
Overall, Human Resource Management encourages the survival, growth and profitability of any organisation.
Between Depleting Workforce And Declining Productivity