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Author Name: | IRAM NAYEEM | Published Date: | Wed -24 Jun 2020 | |
Category: | Reference and Education | |||
Learn hr
management course in Hyderabad, 100% placement assistance, hr certification
course from the best teachers, human resource management training and
certification program Key words:
human resource
management, hr certification course, hr management course Article Body: Importance
of HRM . It has become imperative for companies to have competent and effective
Human Resources to meet changing
requirements of their customers and meet
their corporate goals. To cater to this need the companies has to hire, develop
and maintain competent Human Resources. Human Resource department has a
goal to meet short and long term requirements of different departments. These
depertments pass on their complete requirement to Human Resource Department
(HRD). Based on the requirement from different functions in the organization the
HRD prepares Human Resources Plan. This Human Resource Plan has to meet short term Operation Plan
requirement and long term Strategic Plan requirement. Second stage is Human
Resources Development. Competency gap analysis is carried for all the acquired
personnel. Training is imparted to fill competency gaps. The next function of HRD is compensation of the personnel as per the
prevalent market rates as well as the expertise of the employee. Finally the last stage of HRM is Performance Management. Based on the
Operation Goals and Strategic Goals, the employees performance is monitored and
measured and controlled. Based on the extent to which Key Performance
Indicators are achieved the Controls are set so that Corporate Goals and
Operational Goals are achieved. The above stages are repetative and it is a continuous process. Since the faculty has an experience of working in big corporations he can
explain in detail each of the above processes. Many HR people are not aware of
Operational Plans and Strategic Plans so the training will prepare them for
applying for jobs in big Multi- National Corporations. Also important component
of training is competency gap analysis which lets the HRD deliver capable
manpower to different section of the corporation. Performance Management and control is taught by covering setting of
Objectives and Key Performance Indicators at functional level, middle level
management, and top level management. | ||||
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