Human resource management
My presentation is about HR management. Human resource
management is the strategic approach to the effective
management of people in a company or organization such that
they help their business gain a competitive advantage. It is
designed to maximize employee performance in service of an
employer's strategic objectives. Human resource management
is primarily concerned with the management of people within
organizations, focusing on policies and systems. HR
departments are responsible for overseeing employee-benefits
design, employee recruitment, training and development,
performance appraisal, and reward management, such as
managing pay and benefit systems.HR also concerns itself with
organizational change and industrial relations, or the balancing
of organizational practices with requirements arising from
collective bargaining and governmental laws. The overall
purpose of human resources is to ensure that the organization
is able to achieve success through people. HR professionals
manage the human capital of an organization and focus on
implementing policies and processes. They can specialize in
finding, recruiting, training, and developing employees, as well
as maintaining employee relations or benefits. Training and
development professionals ensure that employees are trained
and have continuous development. This is done through
training programs, performance evaluations, and reward
programs. Managing employee benefits includes developing
compensation structures, parental leave programs, discounts,
and other benefits for employees. HR is a product of the human
relations movement of the early 20th Century, when
researchers began documenting ways of creating business
value through the strategic management of the workforce. It
was initially dominated by transactional work, such as payroll
and benefits administration, but due to globalization, company
consolidation, technological advances, and further research, HR
as of 2015 focuses on strategic initiatives like mergers and
acquisitions, talent management, succession planning,
industrial and labor relations, and diversity and inclusion. In the
current global work environment, most companies focus on
lowering employee turnover and on retaining the talent and
knowledge held by their workforce. New hiring not only entails
a high cost but also increases the risk of a new employee not
being able to adequately replace the position of the previous
employee.Human resources managers oversee the most
important component of a successful business – a productive,
thriving workforce. This requires viewing people as human
assets, not costs to the organization. As with any other asset, a
talented workforce can be used strategically to add value to an
organization. The human resources management team suggests
to the management team how to strategically manage people
as business resources. This includes recruiting and hiring
employees with specific skill sets to meet the company's
current and future goals, coordinating employee benefits and
suggesting employee training and development strategies. In
this way, HR professionals are consultants, not workers in an
isolated business function; they advise managers on many
issues related to employees and how they help the organization
achieve its goals. At all levels of the organization, managers and
HR professionals work together to develop employees' skills.
For example, HR professionals advise managers and supervisors
how to assign employees to different roles in the organization,
thereby helping the organization adapt successfully to its
environment. In a flexible organization, employees are shifted
around to different business functions based on business
priorities and employee preferences. These are in fact two
distinct concepts that do not refer to the same fields of
action.Human Resources management refers to the
implementation of methods to encourage listening,
communication and taking into account the aspirations of
employees. The objective of this process is to improve the well-
being of employees and the productivity of the company as a
whole. The management of company staff gives the HR
department a complex mission.It can be divided into several
specific areas: recruitment, evaluation, mobility, training,
compensation. Finally, what complements any good human
resource management strategy is mobilization. In short, the
more we do for the employees, the more they provide us back.
