Resource is the chief operating factor of any
company or organization. In order to function productively and effectively,
every organization needs a few basic resources. These include capital,
materials, machinery and last but not the least, man power or human resources.
However, the inanimate resources cannot themselves meet and accomplish the aims
and objectives of the company. Hence, they need to be sought out organized,
utilized and coordinated the human resources.
From the need of this situation in every
professional organization, there emerged the HRM or the Human resource
Management. Like the way a Central Processing Unit operates and performs the
chief processing functions of a computer system, the human resource management
is likewise regarded as the major functioning part of every professional body.
It deals with crucial things ranging from the role of finding and recruiting human
resources to performance management, the welfare and security of the workers
for the company.
Thus, the human resource department of any company
or organization plays a vital role in building and developing the employee
structure, motivating the employees leading to the overall or holistic
development and organized administration of the company.
What is understood by the term Human Resource?
To state it very flat,
the term ‘Human Resource’ is used to define the employees who work for an
organization or company as well as to describe the incumbent department that is
responsible for the proper and organized management of the other resources
related to the human resources. According to William Almonte Mahwah Since the fundamental resource for any kind
of productive and constructive work is essentially human beings, and the basic
formula behind every unit of production is universally based on the operational
statistics of man and hours, there is no alternative to human resources in any
professional field.
Though, nowadays, with
the rapid move towards technological advancement and modernization, consistent
efforts are being made to reduce and minimize the role of human resources in
the professional field of production by replacing human beings with improved
and advanced machinery. Yet, it is also admitted unanimously that machines are
technology-based systems and are after all, required to be operated and
monitored by human beings. So, says WilliamAlmonte, the roles of human resources and the managing department of human
resources in any company or organization are integral to brace up the administration,
discipline and development of the organization, eventually making the most of
the values of its employees.
In the 1960s, when the value and worth of the
labor relations began to draw attention and recognition, and when such notions
and concepts like organizational conduct, worker motivation came into
existence, the term ‘human resource’ reportedly broke in with its epoch making
impact on the professional units.
Human
Resource Management
The aforesaid discourse has by now etched a concrete
impression of the importance and role of the human resource managing department
which make it integral to every organization. The HRM looks after the
recruiting, proper training, compensation, appraisal and benefits and security
of the workers, keeps up a healthy employer-labor relationship contributing to
the overall development of the organization.
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