Greatest innovations, biggest corporate disasters and exemplary success tales have one thing in common – they all are born out of someone’s life’s toughest decisions. Professionally, it is about the lives of the people of the organisation, where the HR is often perceived as either an angel or Satan.r
Despite such a crucial role – that directly impacts the bottom line and thus productivity – interestingly, HR’s role as a decision-maker is largely undermined. It is usually not the initiator, and is perceived to be a support function to the decision-making authority or leadership. Where HR has become a crucial business driver, such as in leading organisations like IBM (where it has a strong voice), it has set several milestones. The organisation tries to synchronise its HR policies with the internal and external stimuli. However, companies can reserve a seat for HR at the table and value its decisions only after the relationship between HR and the ‘tangibles’ is well understood by them.
Focused HR plans and policies are a result of well-rounded discussions within an organisation, involving all the stakeholder. Such decisions enhance the core competencies and development of people, ultimately leading to the company’s growth. Today, a company cannot progress as long as it ignores the human capital. Still getting the best talent on board alone cannot serve any good till good decisions are in place to best utilise their skills and keep them engaged. Click here to read more..
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IIPM Think-Tank
Business and Economy
The Sunday Indian
Prof. Arindam Chaudhuri
Prof. Rajita Chaudhuri
4ps Business and Marketing
The Human Factor
IIPM-The Indian Institute of Planning and Management
IIPM Info Page
IIPM - Best Post Graduate Business Management Institute India
Like us and read IIPM Think-Tank articles on facebook
IIPM Think-Tank
Business and Economy
The Sunday Indian
Prof. Arindam Chaudhuri
Prof. Rajita Chaudhuri
4ps Business and Marketing
The Human Factor
IIPM-The Indian Institute of Planning and Management
IIPM Info Page
IIPM - Best Post Graduate Business Management Institute India