Question

Human Resource Management is the management of people at work. With reference to the above statement explain the role of Human Resource Management in an organisation.

Answer 1

1. Significance for an Enterprise: Human resource management can help an enterprise in achieving its goals more efficiently and effectively in the following ways.
   1. Attracting and retaining the required talent through effective human resource planning, recruitment, . Selection, placement, orientation, compensation and promotional policies.
   2. Developing the necessary skills and right attitudes among the employees through training, development, performance appraisal, etc.
   3. Securing willing cooperation of employees through motivation, participation, grievance, handling, etc.
   4. Utilising effectively the available human resources.
   5. Ensuring that the enterprise will have in future a team of competent and dedicated employees.
2. Professional Significance: Effective management of human resources helps to improve the quality of work life. It permits team work among employees by providing a healthy, working environment. It contributes to professional growth in the following ways:
   1. Providing maximum opportunities for personal development of each employee.
   2. Maintaining healthy relationships between individuals, and different work groups.
   3. Allocating work properly.
3. Social Significance: Sound human resource management has a great significance for the society. It helps to enhance the dignity of labour in the following ways:
   1. Providing suitable employment that provides social and psychological satisfaction to people.
   2. Maintaining a balance between the jobs available and the job-seekers in terms of numbers, qualifications, needs and aptitudes.
   3. Eliminating waste of human resources through conservation of physical and mental health.
4. National Significance: Human resources and their management play a vital role in the development of the nation. The effective exploitation and utilisation of a nation's natural, physical and financial resources require efficient and committed manpower. There are wide differences in development between countries with similar resources due to differences in the quality of their people.