Innovative Practices in HRM at Global Level

Authors : Mehvash M Baluch , Sanjay Jain

Volume/Issue : Volume 2 - 2017, Issue 6 - June

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Management means to Plan, Organize, Direct and Control all the important activities of the organization. Human Resource Management deals with managing people, machines, raw material, finances, method and market. Primary function of Human Resource Management is to manage issues related to employees in the organization i.e compensation, hiring, training and development, performance management, safety, wellness, organization development, industrial relations etc. The need to hire, manage and motivate Human Capital in recent years has been proved to be essential in order to achieve success. Globalization has increased workforce diversity and with that the need to have a strong Human Resource Management in an organization. It is essential to manage people who come from different culture, background, religion, region etc and work in the same organization. Different people have different thoughts, style of work, perception etc. Human Resource Management helps to create an environment where employees irrespective of their different gender, ages, lifestyle etc work as a team and consequently helps to achieve organizational goals.


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