Human resources refer to the driving force of any organization, since people are the greatest asset a business can ever have. The human component of an organization is considered as one of the fundamental aspects of its successful functioning and growth. Employers should treat their employees with the utmost respect, as staff has the power to make or break a business. Human resources management directly affects the share of intangible assets of a company. People are one of the key areas of organizational management, as this essential resource directly influence the process of creating new products and accumulating financial resources. The potential of human resources is enormous due to capabilities and initiatives of various people.
What value does Human Resource Management provide a business?
The process of managing people is rather challenging, and yet rewarding. In contract to non-living assets of the business, people have feeling and emotions, thus psychological aspect is vital. In case effective management of human resources takes place, employees tend to be highly productive, thereby helping a business to thrive and expand. Thus, large successful businesses have recognized the need to set up human resource departments in charge of managing employee affairs. HR department delves into the peculiarities of recruitment procedure, employee relations, safety as well as compensation and benefits. With improved productivity of employees, business revenues are likely to increase. Besides, it is worth mentioning the considerable impact on customer loyalty and market share.
What role do HR Professionals play in relation to the workforce of a business?
Normally, HR professionals are responsible for offering an array of effective policies with regard to enhancing the sphere of human resources. Furthermore, they ensure that the policies are in line with the company’s service vision statement and objectives. To put it simply, human resource strategies tend to be aligned with the business strategies. HR professionals take charge of hiring new personnel, providing fair remuneration as well as promoting and dismissing people. For instance, when it comes to the process of hiring and selection of employees, HR professionals are supposed to make sure that the procedure is free from bias of any kind. Apart from that, they should help successful candidates to easily blend with the organization’s culture.
Who is responsible for hiring, developing, and managing employees in a business?
The human resource department is accountable for the regulation of labor relations and employment. However, it should be stated that the department is often divided into a number of units due to the vast amount of work handled. For example, the dispute resolution wing is focusing on mediating any conflicts among employees, whereas the recruitment, selection and hiring department is in charge of looking for new employees. The training and development department deals with the quality of employee’s knowledge and ways to enhance it.
What do you believe is the mindset of most effective HR Professionals within a business?
The most effective HR professionals are perfectly familiar with the efficient ways of managing human resources and optimizing behavior in a competitive environment. These professionals are aware of organization’s strategic goals, thus they make sure employees are on the same page. The most effective HR professional fully realizes that the alignment of HR strategies with business goals not merely enables a company to attain these goals, but also makes the employees highly satisfied with their work. Actually, the most effective HR professional knows that employees are not objects but human beings who have every right for respect and appreciation.
What do you believe is the mindset of least effective HR Professionals within a business?
The least effective HR professionals are reluctant to motive people and enhance their productivity. Such HR managers treat employees like machines and they fail to acknowledge employees’ feelings, interests and needs. Thus, they just exploit productivity of the workers, leaving them discouraged and demotivated.
