How does the human resource and management observed to be in a business organisation?
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ChatGPT
Jun 2
Human resource management in a business organization is typically observed as a crucial function that is responsible for managing the organization's most valuable asset - its employees. HR is responsible for recruiting, hiring, training, and retaining employees, as well as managing employee relations, performance evaluations, and compensation.
Management, on the other hand, is observed as the function responsible for setting goals, making decisions, and overseeing the overall operations of the organization. Managers are responsible for planning, organizing, leading, and controlling the resources of the organization to achieve its objectives.
In a business organization, HR and management work closely together to ensure that the organization has the right people in the right roles, with the necessary skills and abilities to achieve its goals. HR provides support and guidance to managers on employee-related issues, while managers provide direction and leadership to employees to ensure that they are working towards the organization's objectives.
Overall, the relationship between HR and management in a business organization is critical to the success of the organization, as they work together to create a positive and productive work environment that fosters employee engagement and organizational success.
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Google Gemini AI
Jun 2
The Role and Functions of Human Resource and Management in Business Organizations
Human Resource Management (HRM)
HRM is a strategic function that plays a crucial role in the overall success and well-being of a business organization. It encompasses the following key responsibilities:
Strategic Alignment and Workforce Planning: - Aligning HR initiatives with business goals - Forecasting future workforce needs and talent gaps
Talent Acquisition and Selection: - Attracting, recruiting, and hiring qualified candidates - Developing and implementing effective selection processes
Employee Development and Training: - Identifying training needs and developing development programs - Mentoring and coaching employees to enhance their skills and performance
Compensation and Benefits: - Establishing competitive compensation packages - Administering benefits programs and ensuring compliance
Performance Management: - Setting performance goals and standards - Evaluating employee performance and providing feedback - Managing employee rewards and recognition
Employee Relations: - Building and maintaining positive employee relations - Handling employee grievances and disputes - Fostering a culture of employee well-being and engagement
Legal Compliance: - Ensuring compliance with employment laws and regulations - Protecting the rights of employees and the organization
Integration with Other Business Functions
HRM is not isolated from other business functions. It works closely with all departments to achieve common objectives. Examples of integration include:
- Marketing: Aligning workforce capabilities with market demands - Finance: Managing compensation costs and optimizing resources - Operations: Ensuring a skilled and motivated workforce for operational efficiency - IT: Implementing HR systems and leveraging technology for talent management
Benefits of Effective HRM
- Increased employee engagement and productivity - Reduced turnover and absenteeism - Improved organizational culture and team cohesion - Enhanced reputation as an employer of choice - Compliance with legal and ethical responsibilities
Conclusion
HRM is an indispensable component of modern business organizations. By strategically managing the workforce, organizations can optimize talent, improve employee well-being, and drive organizational success. Integration with other business functions ensures that HRM aligns with the overall goals and objectives of the enterprise.