Human Resource Planning and Development

Topics: Human resource management, Human resources, Management Pages: 13 (3887 words) Published: November 30, 2010
Human Resource Planning and Development

Md. Helal Uddin Business Administration Discipline Khulna University


Md. Helal Uddin, Business Administration Discipline, Khulna University.

Human resources are inimitable, appropriable, valuable and scarce, and nonsubstitutable asset which can create competitive advantages. People and their skills are the one thing that competitor organizations cannot imitate. So, human resource management is firmly embedded in important business strategic levers to ensure continuing success. Human resource management is a blend of human capital management practices which is required for both corporate practices as well as image of the company. “Human resource management is a distinct aspect to personnel management which is committed to gain competitive edge by creating strategic deployment a highly committed and capable workforce, using an integrated array of cultural, structural and personnel techniques." (Storey, 1995 ) HRM is essentially a business-oriented philosophy for managing people in pursuit of excellence. The human resource is the one of important resources for successful development of every company. Human resource management is a strategic management of an organization’s people with the setting of environment. It is considered as the most valuable assets that contribute to the achievement of the organization’s goals and objectives. The main or core focus of Human resource management is people. It is related with gathering, maintaining, improving and motivating the people in the right environment. It helps to consider ethical issues for the mutual procedure in case fairness, respect and transparency and such. It ensures a congenial environment to have the right person in the right place. Human resource management considers the strategic fitness about the individuals and teams approach to develop the organizational effectiveness. It helps to ensure the right resources in right places and the issues of leveraging them. It is the strategic integration of business and human resource strategies. It adopts a coherent and strategic policies and practices that ensure the smooth of mutually supporting and integrated operation coherent approaches to the provision of mutually supporting and integrated HR policies and practices. Human resource management is committed to the consistency of the organizational mission, vision, goals, values and objectives. People are treated as capital which can be invested through training and development. It reinforces the performance management by creating and maintaining the corporate culture and best practices.

Md. Helal Uddin, Business Administration Discipline, Khulna University.

Key HR Activities
Efficient and effective human resource management is a hot topic to all organizations. Attracting, retaining and developing the right people in right places have created huge pressure for the human resource managers. The organization needs to be productive in a manner to increase the performance. Human resources management includes the data tracking systems that might include experiences, capabilities, skills, personal histories and payroll records. Businesses carry out different activities related with performance and compensation. For successful management of companies, managers need not only to organize and to manage basic activities and to ensure the appropriate supporting functions, but they also need to evaluate HRM functions and activities. Human resource function includes those tasks and duties performed in both large and small organizations to have coherent and integrated human capital. The Society of Human Resources Management identified six main functions: 1. Human resource planning, recruitment and selection 2. Human resource development & training 3. Compensation and benefits issues of human resource 4....
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