Scribd
Upload
16 views3 pages

Human Resource Management MID ASSIGNMENT

Uploaded by

Bayu Putra Kusuma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
16 views3 pages

Human Resource Management MID ASSIGNMENT

Uploaded by

Bayu Putra Kusuma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

HUMAN CAPITAL MANAGEMENT

Lecturer :
Sir liswandi iwan

M. febri setiawan 014202300062


Bayu putra Kusuma 014202300126

MANAGEMENT STUDY PROGRAM


PRESIDENT UNIVERSITY
CLASS 5
BEKASI, OCTOBER 2023

Human Resource Management : The Pillar of


Organizational Success

Abstrac
Human Resource Management is undeniably a fundamental cornerstone of an organization's
triumph. HRM revolves around the proficient management of a company's most invaluable asset: its
workforce. In this article, we will delve into the concept, role, and significance of HRM in the
contemporary business landscape.

Fundamental Tenets of HRM


HRM encompasses a multitude of facets, ranging from the meticulous recruitment and selection of
employees to the cultivation, retention, and administration of the workforce. The ultimate aim is to
ensure that the organization possesses a capable, motivated, and highly productive workforce. At its
core, HRM involves strategic planning, human resource planning, and unwavering adherence to labor
laws and ethical business practices.

The Multifaceted Role of HRM


1. Recruitment and Selection: One of the pivotal roles of HRM is to allure top-tier talent to the
organization through a rigorous recruitment and selection process.

2. Employee Development: HRM shoulders the responsibility of furnishing employees with training
and development opportunities to help them realize their full potential.

3. Performance Management: HRM is the bedrock for evaluating employee performance and
offering constructive feedback for enhancement.

4. Conflict Resolution: When conflicts rear their heads, HRM steps in as a mediator to facilitate fair
and equitable solutions.

5. Compensation and Benefits Management: It is the steward of formulating compensation and


benefits policies that resonate with both the market trends and the diverse needs of employees.

6. Legal Compliance: HRM remains vigilant in ensuring the organization's compliance with all
applicable labor regulations.

The Imperative of HRM


Human Resource Management exerts a profound influence on a company's prosperity. Employees
who feel appreciated and supported tend to exhibit higher motivation and productivity.
Furthermore, effective HRM serves as a linchpin for identifying and addressing internal issues,
fostering a positive company culture, and strategizing for sustainable long-term growth. The
alignment of business goals with employee aspirations can be impeccably achieved through the
judicious implementation of HRM practices.

In this digital epoch, HRM must be adept at understanding the nexus between technology and data
in the HRM. Human resource management systems (HRMS) and HR data analytics have burgeoned in
importance, furnishing the requisite support for informed decision-making.

In Conclusion
Human Resource Management stands as the bedrock of an organization's prosperity. By astutely
managing human resources, companies can unlock heightened productivity, cultivate a thriving
corporate culture, and secure a lasting competitive edge. HRM stands as an indispensable investment
in the organization's future.

Suggestions and Recommendations


To ensure sustained organizational triumph, a commitment to perpetual improvement of HRM
practices is non-negotiable. Organizations must integrate human resource management systems
(HRMS) and harness the power of HR data analytics to bolster decision-making. Prioritizing employee
training and development and upholding strict compliance with labor regulations are paramount.
Investment in HRM remains the lynchpin for an organization's future success."

Reference
1. Zimyo marketing. (2019). Human Resource Department

2. Stephen Wood. (2007). Human Resource Management Journal 5(5):49 – 59

3. Cambridge University. (2018). Human Resource Management

4. Kehoe, R. R., & Wright, P. M. (2013). The impact of high-performance human resource practices on
employees’ attitudes and behaviors. Journal of management, 39(2), 366-391.

You might also like