Preview

Uman Resource Is the Most Important Asset of an Organization

Good Essays
Open Document
Open Document
642 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Uman Resource Is the Most Important Asset of an Organization
“Human Resource is the most important asset of an organization”
Human Resource plays a critical part in every organisation. It acts as a middle person to provide information to employees. It is the only department that is accountable for employment and recruiting, training and development, compensation, benefits, employee services, employee and community relations, personnel records, health and safety and strategic planning.
Over the years, Human Resource department has evolved from focusing on current operations to future operations because of technology that ease people’s job. This allows HR department to have more time to focus on planning of future operations and provide competitive advantage.
For example, Starbuck was facing crisis in 2008 to the state that Schultz, the CEO has to reduce his salary to not more than $4 per month. Human Resource department refocuses on its policies and continues to provide welfare to their employees. Medical fees of employees and their partners were well taken care of. This also includes vision care, dental care, vacation, stock options and tuition reimbursement. Training was provided to deliver high quality espresso and at an affordable price. This was implemented to manage with the economic condition. Human Resource department plays a big part in terms of crisis and survival in an organization. Without employee working hand in hand with Human Resource department, Starbuck would not survive the crisis.
For an organization to grow, employment and recruiting employee is essential. Employment of suitable employee for the job position is the first step towards growing of the organization. Reasonable qualified employee with adequate knowledge will be value added to the organisation. It is a complex process as Human Resource has to manage the internal and external number of people to recruit and which potential employee is more suitable to the job position.
Next, training and development is planned for employees by Human

You May Also Find These Documents Helpful

  • Better Essays

    The Human Resources Department (HR) is a very important department. In this a team of employees manages the day-to-day operation. The HR Department has responsibilities for but not limited to:…

    • 2054 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Hr on Organizational

    • 477 Words
    • 2 Pages

    The human resources department of an organization if very important to the effectiveness of the organization due to the fact that it is the "core" of the organization. It helps a company operate smoothly and effectively by providing assistance, assurance, and confidence. The human resources department at my work not only keeps track of our payroll, time clock, etc. They also keep up to date with the laws and regulations of the company and legal aspects of things.…

    • 477 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Bank of America

    • 967 Words
    • 4 Pages

    The Human Resource Department is the department that handles all of the administrative needs of the people in the organization. Its primary role is to implement the organization function of management, includes the performance of the recruitment of the manpower needs of the organization, design and conduct of manpower development, formulation of compensation and other benefits; implementation of safety and health issues and maintenance of employee and labor relations. It is basically the backbone of any organization.…

    • 967 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Business Activity

    • 371 Words
    • 2 Pages

    Human resources: deals with the relationship between the owners of a business and the people who work for the business. It is a support function that aims to find, attract, develop and motivate the people who can provide the services that the business requires.…

    • 371 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Human Resource Department is one of the most significant areas inside a business. Their job functions consist of providing effective policies and procedures, administrative duties, and staffing; In addition, HR must ensure the company’s vision, mission, and values are being followed by other departments in the organization. Within the HR department there are important positions such as a Human Resource Generalist, a Human Resource Director, a Human Resource Manager, and a Human Resource Assistant. Each position is responsible for helping the organization achieve…

    • 863 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    In an era of organizational flux due to competition and globalization, companies and employees are faced with constant change. Leaders must be able to adapt to change as the environment shifts. HR has been known as the organizational change agent, administrative expert, and employee advocate. More recently they have been regarded as business strategic partners for many organizations. In order to be successful and remain competitive in today’s market, Human Resources (HR) must be considered a strategic partner if an organization wants to flourish. Top executives today commit significant resources to ensure that their company’s functions are capable of rapid change and achieving their goals. Far too often, the Human Resources (HR) function is nominal thus they are not as quick to respond to the rapid rate of change. When “this occurs, companies may be perpetuating or even creating barriers to fully leveraging their human capital. Organizations can begin the process of removing these barriers by assessing the Human Resources function and its alignment with business objectives” (Wert & Liwanag , 2002). This paper will make a case for having HR report to the CEO. In order to do so the author will describe the relationship between HR strategies and business strategies. Examples of HR strategies that can be effective will be discussed. In addition, the author will examine the benefits and consequence of having HR as a strategic partner and well as the key business competencies that they must retain. Furthermore, she will discuss an optimal career path for a senior HR executive.…

    • 1415 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Human Resources Management

    • 6204 Words
    • 25 Pages

    1. Human Resources has a profound effect on an organization. The HR department is responsible in several ways including but not limited to administrative, organizational and strategic. This can affect the organization in a positive or a negative way which can include payroll, how the building is set up, the hiring process and disciplinary actions concerning employees. HR must be empathetic to the employee but at the same time set forth rules and guidelines and make sure everyone is following the policies and procedures put in place.…

    • 6204 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Google Case Studies- Hrm

    • 3599 Words
    • 15 Pages

    Human Resources specialists are more important in business strategies today as there’s a change in market dynamics; more so in the present economic situation of a global recession and downturn across industries as economies around the world are globally connected and interdependent. An organization with performance driven HR planning and development practices distinguish itself from competitors and brings quality & loyal workers who are committed and passionate about the success of their organization.…

    • 3599 Words
    • 15 Pages
    Powerful Essays
  • Best Essays

    Supporting the HR Function

    • 1223 Words
    • 5 Pages

    Human Resources play a vital role in the achievement of an organization’s overall strategic objectives; this report supports the retention of the HR function. It details how HR supports and assists the company’s strategy and how HR helps line managers and staff in their day to day roles.…

    • 1223 Words
    • 5 Pages
    Best Essays
  • Good Essays

    Omm 618

    • 777 Words
    • 4 Pages

    Human resources departments face significant challenges as their roles become broader and more strategic in the early 21st century. HR is more than a basic function that involves hiring, training and retaining employees. It is a key element in developing a workforce that aligns with the mission and vision of a business. With increased relevance come increased obstacles.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Human Resources are the most vital resource for any organization. It is responsible for each and every decision taken, each and every work done and each and every result. Employees should be managed properly and motivated by providing best of their abilities as per the industry standards.…

    • 1612 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    final paper

    • 2809 Words
    • 9 Pages

    Human resources are strategic resources. They provide competitive advantage to organizations. Human resource management is the function of all levels of managers. The field of human resource management is fast changing. New developments, especially globalization, technical orientation and knowledge workers have made HRM challenging. To be successful and to achieve organizational goals, organization should have proper human resource management.…

    • 2809 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Human resources are responsible for the hiring process and the training of the employees. After the employment and training processes they will have to keep the staff motivated by using different techniques.…

    • 1182 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Job Workforce Shifts

    • 752 Words
    • 4 Pages

    From 1900 to 1999 the United States has witnessed a major workforce shift that is still evolving today and Human Resource Managers are playing even a bigger role within companies today. With the competitive market environment today, Human Resource Managers need to keep evolving with and roll with the many changes within the workforce. Company’s big or small better realize that they are playing a more strategic role in the success of their organization. Local and globally company’s Human Resource departments must become adaptable, agile, employee focused and resilient to remain completive within our economy today. Not only are these professionals a huge part of a company’s success, they are an employee’s partner, sponsor, and their mentor embedded within your organization.…

    • 752 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    BBPB HRM Wataniya Telcom

    • 3728 Words
    • 13 Pages

    Human resource function is one of the key function in any company or an organization. Among the resources in any organization, human resources are the key to the smooth running of the organizational functions and maintaining performance targets. As the organization grows, especially within international markets, human resource management become utmost important to maintain the intercultural environments where human resources are maintained.…

    • 3728 Words
    • 13 Pages
    Powerful Essays

Related Topics