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Keywords

Human Resource Management, Organization, Business Strategy, Organizational Success

Abstract

Human Resource Management is the strategic approach to the effective management of people in a company or Organization such that they help their business gain a competitive advantage. The overall purpose of Human Resource is to ensure that the organizational is able to achieve success through people. It practices on organizational performance. The job of HRM is the job of all such departments to ensure that the business gets the most out of its employees. The Human Resources Management needs to provide a high return on the business investment in its people and deals with not just management issues but also human as well. It has widely spread over different channels receiving an application, selection, placement, Training and development, promotional activities, performance appraisal, job definition, compensation, reward and employee participation. In this paper we discuss the reasons for organizations to have a HRM strategy as well as the business drivers that make the strategy imperative for Organizational achievement. HRM becomes a valuable tool for management to ensure the organizational success. In today’s world the human resource management plays a very vital role in the daily life. On the one hand the soft and hard human resource management influence on the business and let them develop rapidly for organizational growth and success.

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