In this particular report, we will elaborate on the learning outcomes given by Bada Business Professor Samriti Grover for HR management course. By this point, you understand how critically important the HR department is and how it significantly impacts the business’ prosperity. For you as an entrepreneur, acknowledging and valuing the HR department is vital for the development and functioning of your enterprise, and that’s a fact.
The 28 comprehensive videos of the course were informative on two primary components of HR:

Strategic HR Management :

it deals with long term growth that encompasses manpower planning, culture building, and having a sustained perspective of the organization.

Operational HR Management :

These strategies include policies, safety measures, payroll processes, etc. Once put in place, if executed correctly, will ensure future benefits for the organization.

Golden Statement  

“One needs to have the workplace before setting foot in the marketplace. ” 

This simply implies that before you start targeting and capturing the market, first focus on building a potential internally.

Key Note #1: The Map of The HR Functions

The HR management process is fundamental to the personnel or the employees as well as the business organization. The course offers each detail of every step involved in this process beginning with:

Manpower Requirements:

Knowing the requirements and their match with the business objectives.

Skill and Competence Development:

Determination of skills and competencies to be successful.

Willingness to Work:

Loyalty and commitment among employees who show willingness to work.

Culture Strengthening:

Strong organization culture, on what business values, is required.

Standard Operating Procedures Manual:

Clearly defined list of tasks that need to be done for effective operations in an organization.

Remuneration Structure:

Competitiveness and equity in compensation.

Personnel Selection:

Determining the most suitable candidates who will help in the growth of the organization.

Induction:

Provision of familiarization orientation to the new employees joining the organization.

Employee Training and Staff Development:

Development and maintenance of employee’s skills.

Work Evaluation:

Evaluation of employees to promote development and rewards.

Voluntary Exit:

Handling the procedures involved when employees leave the organization.

Work Continuity Planning:

Planning for change in leadership or growth in an organization.

The course offers students understanding of the total journey an employee undergoes with the organization from joining to leaving the organization.

HR is very important for every Organisation.

The success of a business greatly depends on the HR department. Here are the reasons why:

HR Intersection for Business Achievements:

HR is the most important part of the organization’s success. The department does not only facilitate the employees but also actively participates in the growth and profits of the business.

HR’s Consideration for Business Profitability:

HR manages the employee experience, and consequently the performance and success of the business greatly benefits.

Fostering Employee Relations:

HR aims to bring employees together, foster a strong identity, and provide good working conditions.

Integrating Technology:

HR brings in and keeps new technology in the office which makes the work more efficient.

Posting Positions and Welcoming Employees:

Assisting the company in recruiting and successfully integrating new employees into the organizational culture is one of the most important functions of an HR officer.

Supporting Managers and Team Leaders:

The HR function works for the management when it provides training, guidance, and materials to empower team leaders to manage their teams effectively.

Fostering Advancement in a Company:

Human resources has an important function relating to succession planning, workforce planning, and identifying employees with the potential to become leaders. Furthermore, HR participates in performance management programs aimed at developing employees within the organization.

Encouraging Employees to Pursue Career Objectives:

By offering development activities and opportunities for advancement, human resources helps employees attain their career objectives.

The HR department assists in growing the company by improving employee engagement. Employees’ satisfaction translates directly into business success.

Wonder Statement by Sir Richard Branson

“Educate your workers to the extent that they are able to leave, but look after them sufficiently so that they do not want to.”

This statement made Sir Richard Branson and delivers the optimal equation in a firm-employee relationship. Firms should develop employees to be a competent professional, and it does not stop there. A firm should also work on the employee’s relationship with the company to retain the best talents.

Conclusion

Like a “holy book” that guides you throughout the management of employees and processes in a company, this HR management course will be a helpful source of information. If firms concentrate on strategic and operational HR management, the result is an engaged, active workforce that assists the business in achieving short-term goals and long-term prosperity.

In conclusion, the practice of effective HR enables a company not only to create a productive and peaceful workplace, but also to bolster its position as a market leader.