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The following article was published in our article directory on December 7, 2011.
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The Goals of Human Resource Management

Article Category: Business

Author Name: chickie maxwell

Human resource management or HRM is an approach to managing people in a strategic manner to aid the organization reach their goals. Most companies have one thing in mind and that is to increase profitability while minimizing the costs. One way to reach this goal is to effective manage the human capital and maximize efficiency at work.

Recent years have shown a development in the process of human resource management. Gone are the days when it used to be treated as administrative functions that are basically concerned with time and attendance, performance appraisal as well as administering benefits and compensation. Now, more than ever, new breed of human resource managers focus on new goals and objectives that will ultimately benefit the entire organization.

These HR managers, staffs and specialists are geared towards making a contribution to the overall production of the organization. They realize that no matter how much you try to innovate on your products or increase marketing initiatives, the only way to achieve company growth is by combining these activities with empowering the human resource of the company. It is by combining the efforts of material, monetary and human capital that will enable the company to meet greater challenges and survive them for sustainable growth.

One of the main objectives of HRM to achieve this purpose is to build employee morale that will enable the people to render quality service to their target market and society in general. This includes managing change, improving employee policies, revisiting and reinforcing the vision and mission statement of the company as well as continuous training and development of employees. Right coaching is also expected in order to meet this human resource management objective.

Another HRM objective is to bridge the gap between the different sectors of the organization - employees, shareholders, company executives and the customers. This will help create a harmonious environment that foster camaraderie, cooperation and a culture of excellence to achieve a common goal. To achieve this human resource management objective, managers and experts should clearly look into the right benefits and compensation package for each employee that will also be commensurate to the company's economic standing. Hosting activities that will also foster communication between the different departments and offices helps in achieving this goal.

Hiring and recruiting qualified candidates is also a key objective of human resource management. This is a crucial step towards developing a workforce that is highly efficient and maintains the standard of excellence at all times.

The last objective of human resource management is to continuously improve processes and work flow to increase efficiency and productivity in the work place. It is part of the job of every HR manager to oversee processes, study them and make management recommendations for changes and improvements to be implemented. This is all part and parcel of organizational development, which is one of the main functions of HRM in every company. When processes are improved , better workflow can be expected and at the same time, minimize company losses such as time and money.

About the Author: MyReviewsNow offers advice about human resource management. To learn more about human resource management, please visit MyReviewsNow.net

Keywords: human resource management

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