Human resources: most valuable assets of an organization

An organisation is driven and run by the people working there. Today people employed and working in a firm are no longer considered as just the workforce. They are the most dynamic, potent and significant resources possessed by the company. They are the resources that step out of the company every day and hence organisations have been putting the maximum effort to retain the human resources. Since every operation, function or task to be executed depends upon the potential of human intellect, HR directly influence the growth and development of a company.

Human resources can be referred to the staff, workers and managers operating an organisation. It can also be defined as the total knowledge, talents, creative abilities, skills and aptitude of an organisations workforce. The beliefs, attitude, values and approach of the people are some other important aspects of it. Human resource management is the function, which deals in the affairs, issues, and planning related to the people employed in a firm. It is concerned with the maintenance of interpersonal relationships within the organisation to optimize the efficiency and effectiveness of workforce in favour of the realisation of organisational goals. Human resource management deals with the multidimensional and dynamic nature of human capital to increase the productivity in them.

Human resource management can be simply termed as the comprehensive, structured and strategic management of people and the workplace environment. The activities carried out in HRM include the recruitment, training, feedback, compensation, reward, incentives, safety, administration motivation and performance management etc. Dealing with interpersonal conflicts and providing the favourable and needed work environment are other crucial aspects of it. Human resource management should focus on fulfilling the needs and requirements of employees, and the development and execution of strategies and policies of the company. Moreover, the coordination between the company objectives and personnel management directly influence the growth and development of any organisation.