Affiliation:
1. NYU Stern School of Business, New York, NY 10012, United States.
Abstract
Human Resource Management (HRM) is a critical organizational function that encompasses the processes of recruitment, retention, and motivation of personnel. The primary emphasis is placed on individuals within organizational contexts. Human resource management involves the development and implementation of management systems that aim to optimize the use of human potential in so as to get the objectives of an organization. Human resource managers oversee the crucial element of a thriving organization: a productive and thriving staff. This necessitates seeing humans as valuable assets rather than just financial burdens for the firm. Similarly, much like any other valuable resource, highly skilled personnel may be properly used to enhance the overall worth of a firm. A well-managed human resources department plays a crucial role in providing organizational structure and capacity to address business challenges, particularly in the management of the organization's most valuable assets: its workers. There are several fields of study associated with human resources. Nevertheless, specialists in this domain may do multiple tasks including the six fundamental functions within their respective roles. In societies without a dedicated human resources department, it is feasible to get a comparable level of managerial performance and workforce by redistributing human resource functions or affiliating with a professional organization.
Cited by
3 articles.
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