We already learned some basic things about Human Resources Management, its goal and activities and its influencing factors. Today we will learn how a organizations success relates with its Human Resource management function. Human Resource Management (HRM) is the integrated use by an organization of systems, policies and management practices to recruit, develop and retain employees who will help the organization meet its goals. HRM plays an important role in assuring employee satisfaction, improving performance and productivity. This can further an organization’s competitive advantage, and directly contribute to the organization’s success.
HRM provides managers with skills and tools to enhance their own performance and the performance of their employees. By using these tools and working closely with HR professionals, managers can help build their employees’ capabilities and strengthen employee commitment to the organization. This in turn will strengthen individual and organizational performance, and further the organization’s ability to meet its goals according to performance objectives and standards. That’s why HRM gained its importance over last few decades. Managers now can realize that the effectiveness of HR function has a substantial impact on the bottom line performance of the organization. Continue reading