AzaamMBA2023 -Batch 28 HRM

  Human Resource Planning What is Human resource  planning? Human resource planning helps organizations identify current and future workforce needs as they relate to the overall strategic priorities for the company. It is the steps and processes that organizations take to properly plan their HR requirements and programs to ensure they are in alignment with the company’s strategic plan   (visier.com, n.d.) . Human resource planning, also known as  workforce planning , helps organizations recruit, retain, and optimize the deployment of people needed to meet strategic business objectives and to respond to changes in the external environment. In order to proactively avoid talent shortages or surpluses and achieve a balance of talent based on need, effective human resource planning is an ongoing, systematic process   (Simon, 2017) .   Importance of HR Planning. Increases the value of current employees - Human resource planning emphasizes reviewing curr...

  Work Culture What is Work Culture. Work culture  is the beliefs, customs, and behavior of a group of people within a work environment; such as a team, department, or the organization as a whole. It is created through the behavior of everyone working in an organization, from the CEO to the entry-level employees. The physical environment of an organization also influences the work culture. it is unique to each business and is shaped by interactions, attitudes, beliefs, traditions and values   (Andreev, 2022) .                                                                                 ...

  PERFORMANCE MANAGEMENT IN HRM Performance management one of the main functions of HRM and it is an evaluation system that used by HRM department to assess the employee’s productivity within an organization. Source: (Saldanha, 2021) What is Performance Management. Performance management is a set of processes and systems aimed at developing employees, so they perform their job to the best of their ability. The goal is to help employees build on skills that enable them to perform better in their roles, reach their potential, and boost their success while also accomplishing the strategic goals of the organization  (Vulpen, n.d.) . Performance management system is tool which is used to communicate the organizational goal to the employees individually, allot individual accountability towards that goal and tracking of the progress in the achievement of the goals assigned and evaluating their individual performance. Performance management system reflects the individual performance...

  Training and Development in HRM. Employees at organizations require additional knowledge and skills at certain stages to improve the productivity towards achieving organizational goals. Enhancing the knowledge of employee does not only add value to organization and also it  is good for the employee keep him updated with knowledge and skills while he serves  for organization. Training and Development is an educational activity provided by the organization to its employees to enhance their knowledge and skills by  which it can increase overall productivity towards achieving the organizational goal.                                                                            Source: (businessstudynotes.com, 2021) What is Training and Development. ...

  Selection and Recruitment in HRM Source:  (empxtrack.com, 2023) What is Selection and Recruitment. Human Resources is a pivotal aspect of any successful organization. HR creates a positive and productive work environment by helping employees grow, ensuring they follow the law, and managing data. Despite the diverse duties, recruitment remains at the core of HR's efforts. HR professionals carefully find, screen, and evaluate potential hires to build a talented and diverse team. By focusing on recruitment, HR contributes to the overall strength and dynamic of the company   (Ghodasara, n.d.) . One of the most vital contributors to a company's success is the quality of its hires. The recruitment and selection process has to be carefully planned and executed to do this well. This includes considering a candidate's skills, experience, and fit with the  company culture . By doing this, a company can save money, keep employees longer, and have a better reputation ...