Every type of asset needs management, and company’s most cherished assets are its employees.
The tremendous economic boom that has been observed in the last century is ongoing with a spiralling effect over and over. The increase in the business all over the globe is not new to anyone. The wake of the hour calls for innovation, leadership and good Human Resource Management.
As they say, there are four Ms which a company has to manage. It consists of man, machine, material and money. If we look closely, the 3Ms are managed by one M i.e. MAN (or human). Human Resource plays the most important role in any organization. Human Resource Management is the process of acquiring, training, apprising and compensating employees and of attending to their labour relation, healthy and safety and fairness concerns. Human Resource Management, as a function, has seen many changes over the time. The main transformation has been from personnel management to Human Resource Management. Personnel man agent only deals with the recruitment and selection. They treat their employees as a liability and believe to take fullest utilization of employees where as human resource management would take their as their employees as the most important aspect of the organization and would even work upon their career development. Any human resource manager would perform three types of functions which are line function, coordination function, and staff functions. HRM has now even moved to strategic human resource man agent. Now a HR manager is required to so a strategic planning, create high performance system, effective HR practice, high performance work system, measure the human resource management team performance through HR scorecard.
A human resource manager is required to have HR proficiency, business proficiency, leadership proficiency, and learning proficiency. In every management school, the main topics of discussion in human resource consist of human resource planning, recruitment, selection, training and development, performance management and appraisal, and ultimately managing the career of the employees.
No company can thrive without employees, and where there are employees, there is a need of a Human Resource Department. Not necessarily the key function of an organization (unless its sole business is H.R.M) yet the human resource department performs one of the most important function in any organization; taking care of the employees. In laymen terms, human resource is that department of any organization which takes care of an employee’s term in a company. From his recruitment, to departure, everything is dealt and taken care of, by the human resource department. No matter whether it is simply operation management or diverse business development, human resource management plays a key role in the success of any organization.
The need for a good human resource department can be summed up briefly by the following common logic; a satisfied employee shows more trust in the company and offers better productivity. In a world of tremendous competition a good human resource department can mean the difference between you and your competitors. The bottom-line remains, human resource department backs up the most cherished resource of any organization thus providing it a profound foundation.
Higher education in Human Resource Management enables a student to widen his/her perspective towards the need for HRM and understand the responsibility he/she will acquire upon completion of his education. Career in human resource management is a blooming one, pertaining to the fact that there will always be a need to take care of employees, irrespective to the line of business.
The management students often get perplexed with their assignments as most of the time they find it very difficult to target the quality. Moreover business environment keeps on changing, which makes it more difficult to update with the changing HRM trends. Our team of best field experts and professional tutors has vast academic as well as professional and practical experience. They focus on every possible need of the students studying in Australian Universities in Human Resource Management Assignment Help to meet out the best quality standard.
Topic covered in Human Resource Management Assignment Help:
- Recruitment and Selection
- Organizational Behavior
- Training and Development
- Performance Evaluation and Appraisal
- Workforce Planning
- Compensation Management
- Employee Relations
- Employee Engagement
- Organizational Culture building
- Organizational Management
- Strategic HRM
- Managing Diversity
- Strategic Planning
- Strategic Management
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