The Importance Of Human Resources In Business Management

Improved Essays
Human Resources

Human resources has been defined as the personnel of a business or an organization, considered an asset in terms of the skills, competencies and abilities they are equipped with. This is regarded as one of the most important elements in the successful performance of business ventures due to the fact that they play a major role in the implementation of business planning, setting future goals and working on daily business operations. According to Ruth (2016), human resources help in the control of the budget, the improvement of the performance and in the sustainability of the business. From all this information, it is clear that it is important to have effective, professional and perfectly-performing human resources. In the business
…show more content…
According to Nickel (2016), human resources are viewed as employees who are responsible and accountable and who are engaged in the operations of the business. When employees are accountable for the business they work for, they do their best to achieve its goals as if they were their own. Additionally, human resources are identified as qualified and skilled employees who demonstrate the employees’ ability to work on the assigned business responsibilities competently to make the business as outstanding as possible. On the other side, Rurangirwa et al. (2016) have talked about human resources in a similar way to the global context in which they discussed the employees’ ability to perform the assigned tasks and their engagement in the daily operations of the business. In addition to that, Rwandan human resources are regarded as employees in the sense that employees should be able to work together successfully as a team. All in all, human resources or employees are very crucial in the performance of any business venture because they are the ones to implement plans. Qualified employees with specific criteria for success can lift businesses from …show more content…
In addition to that, the person leading should possess the ability to inspire their followers to work on the assignments given to them with a common goal intended. Business leadership has been viewed from different perspectives according to different authors interested in it. Tirkman et al. (n.d) discussed different perspectives from which leadership can be expressed or demonstrated. Good management is one of the ways discussed in which leadership can be expressed since it goes hand in hand a clear organization and a well-structured business management which might lead to a smooth running of business projects. In addition, Watzon (n.d) talked about business leadership in the form of the entrepreneurs’ qualities, which enable them to deal with the business’ effective management. On the other hand, business leadership is viewed as a person’s ability to lead, coordinate and arrange all business operations in a way that makes the business outstanding and well-performing. Rurangirwa (n.d) talked about management as a way of demonstrating the business leadership in different business operations. Moreover, Chikungwa (2013) pointed supervision as one of the ways of demonstrating someone’s leadership in business. Leadership is believed to be crucial to the success of a business, especially when there is a need to follow up with

Related Documents

  • Decent Essays

    The goal for human resources is to sustain and create a workforce that acquires the business needs. A company's employees is the most valuable resource…

    • 566 Words
    • 3 Pages
    Decent Essays
  • Great Essays

    Human Resources Audit

    • 1146 Words
    • 5 Pages

    The modern business climate places the responsibility on the HR department to receive the challenge of doing more with less, while contributing significance toward business objectives. Humans are not only the resources of organizations but are the key device of their development. It is not sufficient to say, humans are our most precious assets of business (Olalla, Marta 2002). Instead, it must be said that the organization is a conception of our people. HR managers should offer real proof that they have a strategic business impression. Management is often inquiring, “How are we doing?” However, this is not an easy question to answer. This is mainly so when it is challenging to acquire some type of objective gaging tool to define how well a certain HR function is being executed. HR managers must visibly exhibit how HR services can achieve the business objectives set forth by the business. The human resource services are often passed over for audits/measurement tools to evaluate and measure its usefulness and legal regulatory agreement. However, the human resource audit is a method that sets the stage for a thorough transformation in human resource strategy and services (Olalla, Marta 2002). It binds human resource systems and services to business objectives while…

    • 1146 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    Successful business requires human resource management the process monitory of performance that helps you to understand how well your business in order planning work and setting expectation towards its goals. Human resource management are skills needed to recruit the right people for the job roles provided, either with their own skills and qualifications. Also to monitory business performance it help to improve time management and increases productivity (McQuerre, 2015).…

    • 1289 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Human resource management is a key part any organisations planning structure and is the continued process of planning and evaluation in meeting the strategic goals of the organisation by the best practice and best fit perspectives of management (Kinnie, 2005). The core concepts that are essential to the management of human resource used is planning, recruitment, selection, introduction, training and development, performance appraisal, rewards and recognition, retention or…

    • 1327 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    Human Resource Management is the process of acquiring, training, appraising and compensating employees, and attending to their labor relations, health, safety, and fairness concerns (Dressler, Human Resource Management 13th Edition, 2013). It is the single most important factor that will determine how, when and if the organization will meet their strategic goals. When ignored, the organizational efficiency will be reduced, and the workforce will be required to compensate for the neglected elements. However, when properly managed, the morale and productivity will be visible, and the organization will consistently achieve their objectives enroute to their strategic goals. The strength of an organization…

    • 1040 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    Why We Hate Hr Analysis

    • 653 Words
    • 3 Pages

    If a company is not receiving the best fit employees it will probably fail but, surly not function at its best. Finding the best hires, taking care of the star employees, establishing a productive work environment, and compensation plans are all functions of the human resources department. This article points outs on how important the human resources department to the overall success of a corporation. It’s because of these key responsibilities a company must include human resources in the strategic…

    • 653 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Human Resource Management is a term that is used for the description of systems that are formal that are devised for the people’s management in an organization (Westley, 2015). Human resource manager has several responsibilities that are categorized into three major parts. The areas are; staffing process, compensation and benefits of an employee, and work of defining or designing. The primary purpose of Human Resource Management is to have a maximization of the production process regarding the output of an organization by having optimization of the employees' effectiveness (Cummings & Worley, 2014). The primary mission of human resources will always be reflected in the basis of…

    • 1454 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    Human Resource means “Managing the people tactfully” (Dawa 1991). Human resource management is the process of utilizing human resource efficiently and effectively to achieve the goals and objectives of the organization. Human resource is the most important resource of an organization compared to other resources since the success of the organization mainly depends on its people. Human resource management is a part of the process that helps the organization to achieve its objectives once the general direction strategies have been established, the next stage is to formulate company’s objectives and develop them into action plans. The objectives cannot be attended without the resources which of course include people. Human resources…

    • 5422 Words
    • 22 Pages
    Great Essays
  • Great Essays

    Human Resources is a necessary to a company as water is to a fish. If you have people…

    • 1538 Words
    • 7 Pages
    Great Essays
  • Decent Essays

    Petronas Case Study Essay

    • 876 Words
    • 4 Pages

    Behind the successful business of PETRONAS, there is Human Resources Management who is doing their best to make sure that PETRONAS will achieve their target through the excellent skills of human capital management. The human resources management wants to make sure that their employees are aware with their performance as they want to achieve their mission in business.…

    • 876 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    Over time Human Resource Managements (HRM) value and role within companies has changed and increased. That is to say that the management of human resources went from being operational to strategic. In the past, Human Resources were more commonly known as personnel services or personnel managers. The personnel manager role and function was primarily administrative. The primary responsibilities of personnel managers were hiring, training and the processing of employment forms. Often, the person who was in personnel was dual purposed, meaning that they filled in or covered personnel as one of their tasks, but it wasn’t a full time job. However, as employment laws became more complex and companies more diversified and the need for those companies…

    • 1773 Words
    • 7 Pages
    Improved Essays
  • Great Essays

    Successful organizations are able to understand the importance of forming a system of effective human resource management. At present, organizations around the world began to employ human experts to help them develop and implement policies and procedures in order to recruit, develop and retain employees. One of the functions of human resource management is selecting and hiring the right to work in the organization. To carry out this mission successfully, steps need to be taken include providing analytical work, pulling a group of qualified applicants to apply for a job, collect information, offers of employment to successful candidates and conduct induction programs for new employees. Therefore, the above factors have a huge impact, HRM should be given greater attention and care because it involves human resources and management. Perfection in the management of HRM will be profitable in terms of investments made to obtain the desired results. HRM must be established from time to time as a human resource organization that determines success or failure in improving the productivity and competitiveness of the…

    • 2569 Words
    • 11 Pages
    Great Essays
  • Improved Essays

    People are regularly a company´s most important resource and also one which tends to need the most complex care. For that there is the human resource management ensuring all company´s employees work under conditions which maximize their efficiency while also achieving their personal goals.…

    • 1131 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The success of an organization depends hugely on the efforts of the human resources. Human resource is now recognized and utilized as the most valuable of all organizational assets. The resources of men, money, materials and machinery are collected, coordinated and utilized through people. According to L.F. Urwick, “business houses are made or broken in the long run not by markets or capital, patents or equipment but by men. “Of all the resources, manpower is the only resource…

    • 1046 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Privat Bank Case Study

    • 1657 Words
    • 7 Pages

    Human resource management is the utilization of human resources to achieve organizational objectives. Consequently, all managers at every level must concern themselves with human resource management. Basically, managers get things done through the efforts of others; this requites effective human resource management. Today's human resource problems and opportunities are enormous and appear to be expanding. Individuals dealing with human resource matters face a multitude of challenges, ranging from a constantly changing work force to the ever present scores of government regulations and a major technological revolution. Furthermore, global competition has caused organizations both large and small to be more conscious of cost and productivity.…

    • 1657 Words
    • 7 Pages
    Great Essays