INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
THE IMPACT OF HUMAN RESOURCE MANAGEMENT ON ORGANIZATIONAL GOAL
Authors Name:
Dr. Sudipta Ghoshal
Unique Id:
IJSDR2001005
Published In:
Volume 5 Issue 1, January-2020
Abstract:
Abstract: We describe why human resource management (HRM) decisions are likely to have an important and unique influence on organizational performance. For fulfilling Organisational Goal, Corporate reputation is an important factor that influences stakeholder behaviour, including employees, management, customers & investors. In order to add organisational value, the human resource (HR) function must focus on actions that build employee competencies and motivation that in turn positively influence corporate competency & reputation. Human resource management (HRM) decisions are likely to have an important and unique influence on organizational performance. We identify key unresolved questions in need of future study and make several suggestions intended to help studying these questions build a more cumulative body of knowledge. A rapidly changing economic environment, characterized by such phenomena as the globalization and deregulation of markets, changing customer and investor demands, and ever-increasing product-market competition, has become the norm for most organizations. To compete, they must continually improve their performance by reducing costs, innovating products and processes, and improving quality, productivity, and speed to market. With this Special Study, on Human Resource Management and Organizational Performance, we hope to contribute to a better understanding of the role of human resource decisions in creating and sustaining organisational performance & competitive advantage. High-performance HR practices and Supportive learning are the key elements for proper applications of HRM, which are characterized by team characteristics like psychological safety, appreciation of differences, openness to new ideas social motivation, and team autonomy; team contextual factors includ¬ing learning resources like time for reflection, access to knowledge, organizational capabilities; incentives; and organizational culture, strategy, and structure; and external environmental factors including institutional pressures, environmental dynamism and competitiveness and learning collaboratives. Lastly learning in the context of quality and safety improvement requires leader¬ship that reinforces learning through actions and behaviors that affect people, such as coaching and trust building, and through influencing contextual factors, including providing resources, developing culture, and taking strategic actions that support Organisational Goal. In recent years, scholars and practitioners have increasingly recognized the importance of effective humancapital management for organizational performance (Grant, 1996; Hitt, Biermant, Shimizu, & Kochhar, 2001).
"THE IMPACT OF HUMAN RESOURCE MANAGEMENT ON ORGANIZATIONAL GOAL", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.5, Issue 1, page no.29 - 37, January-2020, Available :http://www.ijsdr.org/papers/IJSDR2001005.pdf
Downloads:
000336256
Publication Details:
Published Paper ID: IJSDR2001005
Registration ID:191208
Published In: Volume 5 Issue 1, January-2020
DOI (Digital Object Identifier):
Page No: 29 - 37
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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