Operative Human Resource Management as a tool for organizational success

Abstract

Human Resource is a very important input in the production matrix. It is a vital
function within organizations that focuses on managing and maximizing the potential
of employees to achieve the organization's goals It include man, materials, money,
time, energy, information and infrastructure. These inputs are transformed by the
process to get the output with feedback and control. Management involves the design
and provision of an environment within groups and organizations so that the
individuals and the groups and organizations can achieve their objectives by utilizing
both human and material resources. Human resource management is one of the
functional areas of management. The others functional areas are finance, marketing,
production, research and development and innovation. It encompasses various
activities, including recruitment, selection, training, performance management,
compensation, and employee relations. Human resource management consists of
personnel management, industrial relations management and employee welfare
management. HRM aims to create a conducive work environment, align individual
goals with organizational objectives, and ensure the well-being and development of
employees while complying with laws and regulations. Effective HRM practices
contribute significantly to an organization's success by nurturing talent, fostering a
positive workplace culture, and optimizing human capital. In present day, human
resource management has become very important as a tool for organizational success.