Why is the Need for Human Resource Management so Important?
“Human Resource Management helps in creating better rapport between the management and the subordinates. It helps subordinates to realize individual and organizational goals. ”
Human resources management is the backbone of every type of business organization. The triumph of every organization depends upon the worth of persons it employs. Human resources management helps in spotting the exact individual for the precise job. Suitability for the job and quality of work go hand in hand in determining the quality of any work force.
Human Resource Management helps in creating better rapport between the management and the subordinates. It helps subordinates to realize individual and organizational goals.
There is wide spread unrest in industries these days. Strained worker management relations, lack of confidence in each other and emergence of militancy in trade unions have become the order of the day. These factors have created a gap among subordinates and managements.
Both sides are talking about exploitation by the other side. In the absence of cordiality in an organization the performance of the workers is adversely affected. HRM is required to create proper understanding among the workers and the management.
The subordinates are developed to meet their individual and organizational objectives. The subordinates are convinced that various managerial actions can help them in accomplishing their motives besides helping the organization.
There is a humanization of work environment in industrialized countries like Japan, USA, UK, etc. Globalization of economy has exposed the industry in developing countries to international competition. An improvement in efficiency and quality of work can come only when workers develop organizational commitments.
The business environment is rapidly changing. Technological improvements have revolutionized the production procedures. Automation has been introduced in office operations.
Better communication channels have revolutionized the vital areas of business. There is a need to cope with the new and changing situation. The operational efficiency of employees must improve to face the new challenges.
Political philosophy has undergone change all over the world. The new approach is to develop human resource properly for making its better use. The technological changes have necessitated the use of sophisticated machines.
For installation and monitoring of machines, maintenance and controlling of operations, trained and skilled people are needed. There is a need for regular training for coping with the emerging situations. This training needs to be imparted at various levels in a business.
Author - DeeKay
Tags - Finance, Economy
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