Leadership Development in Successful Companies The previous articles have discussed how the HRM function is now seen as a critical and crucial component of the organizational support functions. In particular, we have analyzed how effective people management goes a long way in ensuring better economic performance. Among the components of people, management that the HRM […]
HRM
How Innovative HR Policies boost Employee Productivity and Organizational Effectiveness
How Innovative can the HR Function Get? Innovative Human Resources (HR) policies can go a long way in boosting employee productivity and enhancing organizational effectiveness. For instance, it is often the case that the HR Function comes up with a mix of work-related and fun related activities that employees find interesting and something they can […]
The HRM Function and Its Role in Recessionary Times
The Case for the Importance of the HRM Function even in Recessionary Times In these recessionary times, it is tempting for the companies to cut the budgets of the HRM function and focus on cost control and trimming as a means of profitability. Further, with the squeeze on hiring by many companies, one of the […]
Difference between Personnel Management & HRM
Many students of management and laypeople often hear the term HRM or Human Resource Management and wonder about the difference between HRM and the traditional term Personnel Management. In earlier times, the Personnel Manager of a factory or firm was the person in charge of ensuring employee welfare and interceding between the management and the […]
Preparing for the Workplace of Tomorrow: Some HRM Strategies for the Digital Age
Embrace the digital workplace by adopting future-ready HR strategies positioning organizations to harness the full potential of digital advancements.
The Importance of Due Diligence in Human Resource Management Processes
What is Due Diligence and Why is it Important for HRM processes? We come across the term Due Diligence in many contexts as part of our everyday lives. Indeed, Due Diligence is used in a wide variety of contexts and fields including finance, legal, and commercial transactions. Often, we are also advised to do our […]
Human Resource Management in the Times of Emerging Digital Economy
Introduction: HRM in the Industrial and the Post-Industrial Eras The field of HRM or Human Resource Management has evolved from the time HR managers were primarily responsible to settling labour disputes and taking care of payroll during the Industrial Era to the time where they were primarily tasked with enabling performance, empowering employees, and providing […]
How Human Resource Managers should Manage Ethical Issues and Ensure Compliance?
Organizations function according to some norms and values as well as have characteristic organizational culture that is the product of the above elements. Compliance with ethical norms is an integral aspect of every employee’s work and organizations strive to ensure that policies are being followed, no norms are being violated, and above all, employees stick […]
Why Human Resource Management Must Change for the Coming Robotics Revolution
The Coming Automation and Robotics Revolution Many experts have predicted that the robotics revolution and automation trends are coming sooner than you think and why it is time for organizations to prepare for the invasion of the robots and artificial intelligence. In a scenario where nearly 60% of the jobs would be lost to automation […]
Human Resource Management Best Practices in Contemporary Organizations
HRM Best Practices in Contemporary Organizations Contemporary Organizations embrace a variety of HRM or Human Resource Management Practices. These include mandatory leaves, weekends off, variable pay, company provided transport, fun and entertainment activities, handsome bonuses as well as subsidized food and other aspects. Western Transnational corporations first introduced these practices in response to the emerging […]
Skills that the HR Professionals Need to have to be Successful in the Present Times
The Key Trends that are Upending the Old Order and Resulting in Future Shock The field of Human Resource Management (HRM) is in a flux. With the old ways of doing things becoming obsolete and the new means of success yet to be crystallized, Human Resource (HR) professionals everywhere are feeling the need to reinvent […]
Role and the Importance of Human Resource Managers in Recessionary Times
How HR Managers Have to Deal with the “People” Side of Recessions With the Indian Economy as well as the Global Economy in deep recession, it is important for organisations to deal with the effects of the recession. They might have to lay off workers and professionals as well as cut down on costs, in […]
Should Your Employees Talk Politics in the Workplace?
This year’s an election year, which means that politics will be at the forefront of everyone’s minds. Political ads will be on TV and people will be deciding who they want to vote for. However, with so many people on completely different sides of the political spectrum, conversations about politics can get heated. Many people […]