Hrm Current Practices Essays

Hrm Current Practices Essays Hrm Current Practices Essay Hrm Current Practices Essay Presenting Author: Prof. Bhavesh B. Pandya. Institute of Business Management and Research (IBMR), Near Asia School, Drive-in Road, Ahmedabad. E-mail: prof. [emailprotected] co. in, [emailprotected] com. Theme: The prime objective of HRM is to have highly committed, talented, and happy workers in organization. There is shifting change in the importance of basic input that requires in business activity. Four basic inputs are as under. a)Man, b)Machine, c)Material, d)Money, e)Land. If we go through the post industrial revolution era then it’s clearly seen that firstly great importance was given to money, then machinery, material. But in today’s time period if we go through the present scenario then ‘Man’ is considered as most important input and playing vital role in success of overall business affairs. The difference between wining company and losing company is difference among their employees. The justification of this statement lies in the Mahabharata war. Kaurava were very much powerful in comparison with the Pandava, though the Pandavas were winner. Why Pandavas won that war? The answer is people that they were having. People with dedication, courage, commitments, ethics and tactics too. And another strong reason behind it was people with vision. All the company can go for the same machinery, latest machinery, tools, equipments, materials, plan, organization, whatever the rival firms have but they cannot go for the same kind of people. I firmly believe in one thing that Human resource is the one of the most important function of management as it is very difficult to manage and that’s why it is important now a day. And this is the only live resource that we can see in the business firm. And as it is live resource it has some unique aspect in comparison with other physical resources. The important one is that human have emotions, they sense the things, compare the things, and expects for what they contribute. Just before couple of days back it was there in ‘The Times of India’ that what required now a days in business. 85% social / human skill is required and only 15 % technical skill is required to be effective at work place. This particular article reveals that today’s employees are more sensitive and emotional one. So, they must be handling with care. I read in one book i. e. The Honey Bee, it was written in this way, ‘Workers are like flowers. They have to be gently and delicately handled. A flower will not attain it its full grandeur unless it is allowed to blossom fully. Workers too would not be able to reach their full heights of efficiency unless they are also allowed to blossom fully. If employees are most satisfied then they can put their heart in doing work and can take the firm at the apex too. And here employee satisfaction is more important in getting desired organizational effectiveness. So, the point is that talented, committed, and skilled employees must be preserved for long lasting profitability organization. And for this management must satisfy their employees, work more on giving feedback on their performance, keep motivating them and always lead them whenever they required, allow them to put forwards their ideas and suggestions and provide opportunity to work on the sam e. So, here management people should go through that what their employees actually expect from them and not what they know about their expectation (Chart no: 1). And this kind of process will result into the highest degree of satisfaction among them as management is acting as per their point of expectation. And this satisfaction will help in charging up them for all time in all different work whenever assigned to them. Even happy employee can put more efforts then a dissatisfied one. Here below is the table that gives clear insight into the picture of what employees want and what managers think employees want. Chart 1. What employees want what managers think employees want.