¶ … changing and competitive workplace and environment, it has become vital for the organizations to come up with effective strategies for maximum and efficient use of resources (Reich, 1991). The most important and critical resource for any organization is the human resource or man power. It has become difficult to find and retain skilled and trained human resource. Organizations are facing increasing challenges in this regard and are striving to formulate effective and efficient human resource policy and practices. The role and importance of human resources and man power is being understood by the organizations in response to the altering and uncertain business landscape and environment.
It is necessary to have proper and well stated policies and standards for hiring, training, appraising, compensating, and utilizing human resources. Efficient human resources and employees facilitate the organization in achieving its strategic goals and objectives. For this reason it is necessary to have strong and well established human resource policies and human resource department. The overall performance of the whole organization is directly dependent on the performance and productivity of the employees which depends on the satisfaction and motivation level of the employees. It is the duty and responsibility of the human resource department to motivate employees and increase their satisfaction level.
During the old days, human resource management was more renowned as personnel management. During the early periods, management never used to consider humans as one of the important strategic asset for the organization however, this scenario has changed as today organizations regardless of whatever they do; humans have become the most important resource for any company in gaining competitive advantage.
Today the whole scenario has changed from what it was few years back. Management used to punish humans or labors for not performing up to the desired level whereas today management has realized how important human resource is for an organization and therefore they value their employees so much than what they used to do in past. Today, the concept of punishing employees has faded and instead of punishing employees the concept of negative reward has emerged. Negative reward is basically not rewarding the employees because of poor or substandard performance.
It is essential for the organization to devise and develop effective human resource policies. If the human resource strategies are not devised and implemented well it can have serious negative impacts on the organization and can cost heavily.
HUMAN RESOURCES AND HUMAN RESOURCES DEPARTMENT:
Owing to the high importance of the human asset the concept of personnel management and human resources have emerged. The main idea behind the human resources is to provide resources in form of humans or employees to the company so that they are motivated and satisfied and give high performance. The role or duty of the human resource department in any organization is to meet the needs of the organization and also needs of the employees working in there. The human resource department is the center or focal point of the organization which work as a link or connection between all associated people.
The size of the human resource department is dependent on the size and scope of the organization itself. In small organizations where there is less workforce the human resource department consist of a personnel manager and limited staff for managing the employees and is normally known as Personnel. On the other hand, in larger organizations where there are different number of departments and have complex structure the human resource department has more responsibility and more demanding tasks and activities (Miner, & Crane, 1995).
Functionality of human resource department has changed drastically. With the passage of time, the role of humans or employees has changed so much; similarly the importance of human resource has increased. Human resource department is responsible to find the most talented people and recruit them for the organization according to the type and nature of job (MacDuffie, 1995). Once the employee is recruited the next step is to help him or her in understanding the organizational culture and working environment so that the employee is adjusted into the organization and performs well.
To improve the performance and productivity of employees, human resource department has to train employees. Not only this, human resource department is also responsible for understanding the issues and problems of the employees and provide them with a working environment in which they can nourish their skills and knowledge and can contribute for the development and growth of the organization.
It is also the function of human resource department to measure the performance of each and every individual in the organization and reward him according to what he has achieved. If someone is not able to perform up to what is expected...
This virtually means that the international community could soon observe mutations in the type and nature of the outsourced processes. In general terms, companies are looking to outsource growing numbers of more complex operations as they are not willing to assume the risks and make the necessary investments. In this order of ideas, they outsource the operations to firms which have already made the investments and assumed the risks. "Organizations
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