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Question
Briefly explain the significance of Human Resource Management to an enterprise.
Solution
An organization cannot build a good team of working professionals without good Human Resources. The key functions of the Human Resources Management (HRM) team include recruiting people, training them, performance appraisals, motivating employees as well as workplace communication, workplace safety and much more.
HRM develops skills of the employees.
The HR department teaches the organization how to utilize this human capital as well as the non-human one and so, the organizations, who aim to efficiently utilize their resources and increase the profit invite the HR management people to formulate required objectives and policies.
HRM resolves the conflicts and helps in maintaining and restoring positive working relationships.
It has the responsibility of developing good public relations as well as maintaining the goodwill of the company among other public sectors.
