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It has become need of the hour for the HR department to broaden its vision and go beyond the conventional view of it. It has to consider the fronts out side the wall of the organization’s building so that the organization may not only survive but succeed too. Question: What are the factors related to HR that it must consider to survive in society and market? Explain Why it has to consider these.Discuss at least 8.

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MGT501 GDB Solution Fall 2011

 

 

HRM’s purpose is to manage what is considered to be an organization’s most valued asset; its employees. hiring  people, training then to fulfill specific needs, making good use of employee’s talent, tending to the employee’s needs, and rewarding their services accordingly are tasks HRM must fulfill. When external factors and environment changes occur, HRM’s decision must adjust accordingly, preparing not only for the present, but also for the future.

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