Archive for the ‘HR’ Category

HUMAN RESOURCE MANAGEMENT

Sunday, March 1st, 2009

It refers to the management of the most valued assets in the organizations – the working people who individually and collectively act to achieve the organization’s objective. Human Resource Management plays important role in every business unit as it possess five important features related to managing the Human Resource. They are, Organizational Management, Personnel administration, Manpower management, Personnel management and Industrial management. Objective of the Business should be clearly imparted in the minds of all the work force and should be provided with all the necessary resources. It also plays a key role in the risk reduction in any organization.