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The Human Resource Management Has a Strategic Implication - Research Paper Example

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The paper "The Human Resource Management Has a Strategic Implication" states that having a human resource department helps in itself to improve the image of the company as it portrays that the firm actually cares about its employees and is ready to invest as much as is required to take good care…
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The Human Resource Management Has a Strategic Implication
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Download file to see previous pages Before we move on to the debate as to whether human resource management is strategic or not, let us first clear as to what exactly human resource management is and what are the various responsibilities of an HR department of a respected firm.
Human resource is the human capital of an organization or the employees and personnel and the integrated management of this resource in a way that it increases the efficiency and effectiveness of an organization are referred to as the human resource management. It is repeatedly heard that the human element is the most valuable asset of an organization and this was the basic factor that was considered when many organizations opted for setting up this department (Lewis 1994). Many people believe that a human resource department is only concerned with hiring and firing individuals, initially that was the case, however, things have changed now and a broader series of responsibilities now come under the domain of the human resource department. Before we move on to highlight the role of the HR department in the strategic management of an organization, it is very important that we fully understand the scope of work within a human resource department. We will discuss each responsibility and its strategic significance one by one and thus it will be easier to understand various dimensions in which the HR department contributes towards the strategic well-being of a company (Barr 2000).
The first and the most well-known responsibility that comes under the umbrella of the human resource management department is hiring or acquiring people. This may sound very simple but is not as such since it needs to be applied and thus it includes a series of steps within it.  ...Download file to see next pagesRead More
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