Role of HRM

Role of HRM

Introduction to strategic business partnering and HR role

In contemporary times when the organizations are facing fierce competition due to the various businesses operating in the industry, it is very important that all the business work effectively ad efficiently. Success of business not only lays in the operations of a company rather it the workforce that determines the success or failure of a business. The functional domain of any business can be bought in line with the other players operating in the industry, helping the company to carry out the manufacturing process. But the outcomes of all the operations depend upon the people who are involved in it. Human resource is an important asset for any business which is required to be managed as efficiently as other processes must be. They are the employees who plan that how the operations of a business shall be carried out. The human resource of a business is responsible for planning the other operations of a business. They also play an integral part in drawing suppliers, customers and vendors. It is immensely important that an organization finds out the appropriate candidates from the pool of many applicants. After choosing the candidates with suitable profiles, it is again important to choose and hire the most appropriate individual. Apart from the hiring process, it is also important to groom and update the existing employees of an organization. This means that the human resource department is solely responsible for providing the human resource to all the other departments in the company acting as a strategic partner for all domains. This shows that the human resource department is responsible for enabling the other departments by providing them with the appropriate human capital. Apart from this acquisition, human resource professionals are also responsible for grooming the existing employees of the company regarding any skills required to carry out the business. Employees are trained by the human resource department about any new system or process that is adopted by the organization. Apart from these issues that are faced by the human resource professionals within the boundaries of the organization, there are other external challenges that they must address effectively. The most prominent issue is to retain the employees in presence of the competitors in the market place. Competitors are not only a threat to the consumer base of an organization, but also to the human asset possessed by an organization. As customers can be drawn away by the competitors so can the employees be. In order to retain the employees it is immensely important that an organization takes great care of the employee's needs and requirements. As a lot of time is invested and cost incurs on hiring and training the employees, an organization must have the potential to retain them. The employees must be kept satisfied and their issues must be taken into consideration by the organization. If employees of an organization are happy and motivated, they will carry out their work to the ...