Thursday, March 14, 2019
Human Resource Is the Most Important Asset of an Organization
Nowadays many a(prenominal) system of ruless like to emphasize on gaining a agonistical advantage in the market. The advance equipments, revolutionary technology, good selling strategic, excellent customer services and many other elements potful be the factors to build up for the advantages. However, clement resourcefulness is still the most beta element to determining the success or failure of an brass. Without their support, the face perfunctory business function will not be done rise up and ready. compassionate resource is al commissions related to one formation gainfulness and their ability cannot be replaced by machines.As is discussed by Hargreaves and Jarvis (1998 3) The skills, knowledge and exist of each individual contribute to the growth of organizations, communities and nations. Such priceless serviceman race talent can be thought of in terms of homosexual capital and is one of the primary requirements for national economic bewilderment. 138 Strategi c human resource management is playing an important role as organization tuition in todays agonistic market. Organizations recognise the richness of focusing on the human factor to contribute ideas in battle array to improve the productiveness.They design the recruiting plan to approach talent peoples, training and develop them in order to practise those competencies. The organization put in affords to fit out the expectation of the employees so that create a workplace atmosphere among the employees (Upson, 2011). Ironically, spot human resources argon the most important asset in an organization, they be excessively the cost involved during the training activity. As is stated by Outlow (1998), the organization suffers the cost if they employed the wrong candidate for the job.Such cost can be calculated in direct and hidden cost. grade cost can be considered as recruitment advertisement, conduct spick-and-span training for new staffs, medical check up and so on. Also, the accompany will found the hidden cost in such that way of lower morale among old employees. Some of the organization will canvas to approach the peoples which are lack of working experience and not sufficient enough as required for the job, here may cause few of the clients lost their loyalty towards the organization due to the poor customer services.Therefore, the organization must be smart to engage, select and take for the talented employees in order to maintain the organization productivity. 228 Human resource using programs evermore contribute a lot of benefits to the organization. George and Singh (2000 14) defines The role of human resource development is provide the individual with the learning experience necessary to fill the opening move in an employees knowledge and skill, to ensure his continued ability to perform efficiently and effectively in his job, and thereby contribute to the productivity of the organization.Since it has been contrast the major factor affe cting the organization productivity is the human factor, many organizations willingness to invest human resources development program in the areas of communication skills, task solving ability, leadership qualities, creativity and others related skills. Employees are able to obtained new skills and knowledge in the training programs in order to contribute to the organisational development such as productivity improvement, preparation for organizations growth, maturation the learning culture and so on.The effectiveness of the training programs can guess and monitor regularly in order to increase the employee performance and thereby increase the productivity. Therefore, trainer who has to decide how to choose and manage the trainees, assist them in learning new skills and also develop their personality by potpourri the trainees behaviour. 160 Organizations always encounter many challenges to retain those valuable employees. They always spent plenty of times to deal with employees who be in possession of target to leave their job position.In fact, management should find out the causes what makes the employees line up satisfied about their job. The result is not only reduces employee turnover, but also bulkyer commitment to the organization and the job they are doing. Every employee have different goals and motivation for work, the organizations must understand what employees really needs and wants and see the strategies in order to retain the resources. Sirota et al (2005) mentioned the employees have their basic human needs that management should work for it.Creating an environment in which all requires are met not only can satisfied the employees but also zealous them. Also, creating a financial package with good remuneration can attracts and motivates the employees is native for stable workforce. A happy and healthy workplace makes the employee satisfaction increase and come out the high productivity. Always keep them happy and winning them, allow them growing in the organization. Another key point to retain the talents which is maintains the good relationship with employee by communication.This theory holds that always create an opportunity to open and begin the conversation with the employees. This will helps to promote the proactive solutions to the problems before it reach a critical level cause an employee to consider loss Sirota et al (2005). From the proper conversation between management and the employees, the organization in-house policies and regulations can comprehensively understand by the employees to ensure their compliance.These practices benefit both the organization and also employees. Phoenix(2010) noted that organization enjoys best performances of their employees while the employees enjoy the great benefits received from the company. 240 Every business begins from sales to customer service, it is all depends on employees to functional. Marcus (2010) mentioned, employee empower the business to keep runni ng as usual purge though the management is away.The organization can become more productivity and effectiveness if the employees have been sufficiently motivated and well trained (Rouda and Jr, 1995). Human resources really give a great impact to the contribution of an organization performance. They are the one who make things happen, that is the reason stated that human resource is the most important assets in an organization as they are the competitive weapon for a growing business in current competitive market.
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