netrashetty
Netra Shetty
Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, with offices in 27 countries. Bain is considered one of the most prestigious management consulting firms in the world[1], and for eight consecutive years has been named the "Best Firm to Work For" by Consulting Magazine
Today's human resource management courses may offer an individual the opportunity to get a diploma; some courses are so in-depth that those attending may acquire a bachelor's or master's degree. In order to be effective in human resource management, it is essential that those in this career field understand the theories, concepts and applications of the profession. Strategic management, training and development, industrial relations and organizational behavior are just a few of the aspects that fall under Human Resource Management today.
To break it down simply, human resource management is involved in people as a whole. Exceptional people skills is crucial in this role, as this position is one that is involved in attracting the right employee, then developing and rewarding that employee so that they remain with the company and work to build an organization that is competitive and successful. Workforce planning, induction, orientation, performance appraisal and labor relations are other aspects often found in Human Resource Management .
Human resource management is considered a major management activity by many larger corporations, not simply a "personnel" department as it was considered two or three decades ago. Without an effective human resource management team, large companies today would find it difficult if not impossible to staff, train and develop those workers who in essence make up the company and contribute to its success in the business environment. Without the right people, no business will flourish and grow to become one that stands apart from the competitors.
The Human Resources Management (HRM) function includes a variety of activities, and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs, recruiting and training the best employees, ensuring they are high performers, dealing with performance issues, and ensuring your personnel and management practices conform to various regulations. Activities also include managing your approach to employee benefits and compensation, employee records and personnel policies. Usually small businesses (for-profit or nonprofit) have to carry out these activities themselves because they can't yet afford part- or full-time help. However, they should always ensure that employees have—and are aware of—personnel policies which conform to current regulations. These policies are often in the form of employee manuals, which all employees have.
Note that some people distinguish a difference between HRM (a major management activity) and HRD (Human Resource Development, a profession). Those people might include HRM in HRD, explaining that HRD includes the broader range of activities to develop personnel inside of organizations, including, e.g., career development, training, organization development, etc.
There is a long-standing argument about where HR-related functions should be organized into large organizations, e.g., "should HR be in the Organization Development department or the other way around?"
The HRM function and HRD profession have undergone major changes over the past 20–30 years. Many years ago, large organizations looked to the "Personnel Department," mostly to manage the paperwork around hiring and paying people. More recently, organizations consider the "HR Department" as playing an important role in staffing, training and helping to manage people so that people and the organization are performing at maximum capability in a highly fulfilling manner.
Basic training in human research management helps those who are beginning in their career to understand the responsibilities they will assume in their role. Those who work in HR must develop their knowledge in every aspect of human resource management, including compensation and benefits, orientation, training, development, employee relations and performance management.
Human resource management positions often require that HR professionals further develop their skills in specific areas such as labor relations and behavioral interviewing, as well as specialized training in employment law and diversity. Today, the human resource manager is not the person responsible simply for hiring workers and keeping their personnel file up-to-date as they were two decades ago; this is why it is essential that individuals gain the skills and knowledge necessary today for effective human resource management.
Today's human resource management courses may offer an individual the opportunity to get a diploma; some courses are so in-depth that those attending may acquire a bachelor's or master's degree. In order to be effective in human resource management, it is essential that those in this career field understand the theories, concepts and applications of the profession. Strategic management, training and development, industrial relations and organizational behavior are just a few of the aspects that fall under Human Resource Management today.
To break it down simply, human resource management is involved in people as a whole. Exceptional people skills is crucial in this role, as this position is one that is involved in attracting the right employee, then developing and rewarding that employee so that they remain with the company and work to build an organization that is competitive and successful. Workforce planning, induction, orientation, performance appraisal and labor relations are other aspects often found in Human Resource Management .
Human resource management is considered a major management activity by many larger corporations, not simply a "personnel" department as it was considered two or three decades ago. Without an effective human resource management team, large companies today would find it difficult if not impossible to staff, train and develop those workers who in essence make up the company and contribute to its success in the business environment. Without the right people, no business will flourish and grow to become one that stands apart from the competitors.
The Human Resources Management (HRM) function includes a variety of activities, and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs, recruiting and training the best employees, ensuring they are high performers, dealing with performance issues, and ensuring your personnel and management practices conform to various regulations. Activities also include managing your approach to employee benefits and compensation, employee records and personnel policies. Usually small businesses (for-profit or nonprofit) have to carry out these activities themselves because they can't yet afford part- or full-time help. However, they should always ensure that employees have—and are aware of—personnel policies which conform to current regulations. These policies are often in the form of employee manuals, which all employees have.
Note that some people distinguish a difference between HRM (a major management activity) and HRD (Human Resource Development, a profession). Those people might include HRM in HRD, explaining that HRD includes the broader range of activities to develop personnel inside of organizations, including, e.g., career development, training, organization development, etc.
There is a long-standing argument about where HR-related functions should be organized into large organizations, e.g., "should HR be in the Organization Development department or the other way around?"
The HRM function and HRD profession have undergone major changes over the past 20–30 years. Many years ago, large organizations looked to the "Personnel Department," mostly to manage the paperwork around hiring and paying people. More recently, organizations consider the "HR Department" as playing an important role in staffing, training and helping to manage people so that people and the organization are performing at maximum capability in a highly fulfilling manner.
Basic training in human research management helps those who are beginning in their career to understand the responsibilities they will assume in their role. Those who work in HR must develop their knowledge in every aspect of human resource management, including compensation and benefits, orientation, training, development, employee relations and performance management.
Human resource management positions often require that HR professionals further develop their skills in specific areas such as labor relations and behavioral interviewing, as well as specialized training in employment law and diversity. Today, the human resource manager is not the person responsible simply for hiring workers and keeping their personnel file up-to-date as they were two decades ago; this is why it is essential that individuals gain the skills and knowledge necessary today for effective human resource management.
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