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INTRODUCTION

Human Resource Management (HRM) is a management function that helps manager’s recruit,

select, train & develops members for an organization .Obviously, HRM is concerned with the

 people’s dimension in organization. Earlier, personnel departments were called “health and

happiness” department. The people assigned to deal with personnel issues were often individuals

who were past their prime. The personnel department was seen as lesser productive and

unimportant to the organization. Coming to its composition of the HR department, it may be

stated that it depends on the scale of operation and attitude of the top management towards its

 personnel. However, a globalized HR department is headed by Vice-President, under whom Sr.

Manager- Personnel, Sr. Manager- Administration ,Sr.Manager- HRD and Sr. Manager-

Industrial Relations. The department will grow in size and importance when new demands are

 placed on it by the top management. The role of the Human Resources Department has changed

dramatically over the past 30 years and will become increasingly more strategic in nature in the

future. The role of HR manager is shifting from that of a protector and screener to the role of a

 planner and change agent. 

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Gary S. Becker  says that the basic resource in any company is the people. The most successful

companies will be those that manage human capital in the most ef fective and efficient manner.” 

The present day economy has been titled as “Knowledge economy”.  In such an economy, it is

 people who make all the difference. In political economy capital or market was important.

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number of business processes have an impact on the effectiveness of employee efforts in delivery

services or product to customers. HR Dept. may be misunderstood of all corporate depts., but it’s

also the most necessary. Those who work in Human Resource are not only responsible for hiring

& firing, them also hander contacting job references and administrating employee benefit. It’s

true that any individual who works in HR Dept. “Must be a people person”. Employees are

human, not commodities and HR departments have to start seeing them differently, with the

current push towards strategies that engage employees, attract top talent, contribute to the bottom

line this change is imperative. The HR dept. should create competitive advantage by building

strong organizations, strong leaders, managers, strong teams, & employees. HR Dept. does this

in a measurable way. If HR is to be perceived as an enabler of business strategies they need to be

seen by measurable contributions to the bottom line through expense reduction or revenue

generation, talent management and risk mitigation. HR people need to be a lot more creative in

the way they do things. The “one size fits all” approach doesn’t work anymore. HR depts. of

today need to be talent of tomorrow.

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REFERENCE

1) http://www.deccanherald.com/content/146027/recent-trends-critical-hr-management.html

2)  The Annals of The "Ştefan cel Mare" University of Suceava. Fascicle of The Faculty of

Economics and Public Administration Vol. 9, No. 2(10), 200921

3)International Research Journal , August 2010 ISSN- 0975-3486 RNI: RAJBIL 2009/30097

VOL I *ISSUE 11