Human Resources are the most valuable resources that an organisation can have. Any company, big or small will not be able to achieve anything substantial just by its plant and machinery. In order to run the enterprise one needs skilled resources who shall try to achieve the objectives defined by the company. Managing these resources efficiently to optimise performance can be achieved through Human Resource Management.
Quora has a similar question. Check: https://www.quora.com/What-are-the-functions-and-objectives-of-human-resource-management
The situation at Europe during the Industrial Revolution can be said to be the foundation on which modern Human Resource Management rests.
Have a look at this query from Quora: https://www.quora.com/What-is-human-resources
Aim: Human Resource Management helps company achieve objectives by optimising employee performance.
Growth of employees: Proper HRM practices ensures employees are well skilled to achieve their professional goals within an organisation.
Management / employee relations: Application of proper HRM practices ensures smooth functioning between management and employees by resolving contentious issues between them when situation arises.
Teamwork: HRM teaches employees the importance of teamwork, leading to higher productivity.
Succession planning: HRM practices help in identifying and grooming employees who shall take up leadership roles in the future in the company.
Right person for the right job: HRM helps in identifying jobs for an employee depending on his/her skill sets. This keeps employees happy, leading to lower attrition rate.
Check the link for the answer to a similar question in Quora: https://www.quora.com/Why-is-human-resource-invaluable
The onset of technology has helped in automation of Human Resource Management functions. This has led to the development of Human Resource Management tools which help in establishing processes and ensure transparency amongst employees and management. One such tool is the HRMS developed by Vyrazu Labs which is hosted on enterprise.
Apart from the above advantages the HRMS automates the following and is easy to configure.
Above all, the HRMS tool has been successfully installed at several small / mid and large organisations to take care of their Human Resource functions.
Get in touch if you feel the HRMS tool can be of help to your organisation. You can have a first hand demo of the product by having a look at the web series. A free demo is available for you, just fill up the form below. For pricing details, check the pricing page. If you happen to head a small organisation of 4 / 5 members you shall have free access to this tool for 3 years.