This document discusses the importance of human resource management (HRM) in today's business environment:-
The HRM function involves managing, recruiting, and directing employees within a company. Globalization, changes in technology, and demographic shifts pose significant challenges to human resource management.
It is essential for companies to have a well-trained and developed workforce to stay competitive in the global marketplace.
The HRM practices are now being seen through a strategic prism that ensures that they align with the organization's goals.
Training and development are crucial HR functions that lead to an improvement in employee performance and motivation.
Moreover, they enhance staff members' ability to make valuable decisions and take on higher responsibilities.
Overall, it is important for companies to have an effective HRM discipline to optimize the talent of their human resources and stay competitive in today's business world.