Basics of Human Resources(HR):

What is Human Resources(HR)?

Human Resources (HR) is the department within a business that is responsible for all things worker related.Human resources is used to describe both the people who work for a company or organization and the department responsible for managing resources related to employees.

HR World

Human resources describes the people who makes up the workforce of an organization,business sector or an economy.

A human resource department of an organization performs various management tasks including HRM(Human Resource Management), ERM(Employee relationship Management),Recruitment etc.

HR is the Brain of an Organization

Human Resources in an organization includes:

1. Leadership
2. Employees
3. Potential
4. Performance
5. Skills
6. Research
7. Recruitment
8. Training

The major challenges of an organization are:

1. Strength
2. Weakness
3. Opportunities
4. Threats

The HR department and Managers knows how to effectively solve these challenges.

Every organization appoints Human Resource Managers(HR Managers) and they perform the following HR functions:

1. They supervise the work.
2. They check the needs of staff.
3. They manage employee relations.
4. HR Managers deals with performance issues.

There are different factors that are involved in making changes in HR department for employers and employees of an organization:

1. Occupational Structure
2. Generation Gap
3. Skills and Qualifications

Different companies and business sector organizations have introduced HR Digital transformation systems and they involve:

1. Hiring
2. On boarding
3. Different Assessments
4. Teams development and Corporate Training
5. They also improves the work environment.

OBJECTIVES:

The major Human Resource Objectives(HR objectives) are:

1. To achieve a profitable and sustainable organization
2. To increase workforce competence and commitment.
3. To become an employer of choice.
4. Different organizations have different HR missions as well.

Human Resources plays a vital role in development of an organization and making the organization or company successful.

Human Resource Strategy:

Human Resource Strategy is the business overall plan for managing its human capital to align with its business activities.HR strategy is made for a long term plan to achieve objectives in human resources and development in an organization.Human Resource Strategy is important for large organization as well as for smaller enterprises or companies.The major HR strategy or the basic result of HR strategy of an organization is the HR mission of organization.

The HR strategy touches on all the key areas in HR.

There are four major factors of HR Strategy:

1. Business Goals
2. External Trends
3. HR foundation
4. External Benchmark

Human Resources Strategy Framework:

The basic human resources strategy framework involves the following steps:

1. Understanding The Strategy
2. Defining Strategy
3. Segment HR Customers
4. Prioritize Investments
5. Designing HR Service
6. Ensure the Right Service Model
7. Setting the Right HR Capabilities
8. Improving HR Operations
9. Building HR department in large organization and getting information of HR performance
10. Measuring impacts of HR services.

Factors effecting the HR strategies of an organization or company are:

1. External Markets
2. Business Strategies
3. Employees
4. Corporate Culture
5. Competitive Advantage

HR roles also effects the HR strategies.

The Best Practices in HR Strategy:

While creating the HR strategy the best practices performed or kept in mind are:

1. Human Resource initiatives should be aligned with HR Strategy
2. Strategies should be monitored
3. Strategy must be a long term plan
4. Incentives and goals must be aligned

Human Resources poses threats to many employees in an organization:

1. New power and status relationships are realized.
2. Resistance behavior by employees as their roles and power in the firm also changes.
3. HR Strategy can be specific i.e it covers or focuses on specific area
4. Development area
5. Reward management

The Best Example of HR Strategy is any social website that manages all its people in an efficient way.

Creating HR strategy takes time But if the HR strategy is defined or created well then it will be very beneficial for any organization for achieving the goals and objectives with the HR activities.