Encyclopedia of Business and Finance (2000)
Christine Jahn
Section: A-I
Pages: 369-372
Copyright (2000) Macmillan Reference USA. All rights reserved.
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Human Resource Management
Humans are an organization's greatest assets; without them, everyday business functions such as managing cash flow, making business transactions, communicating through all forms of media, and dealing with customers could not be completed. Humans and the potential they possess drive an organization. Organizations are continuously changing. Organizational change impacts not only the business but also its employees. In order to maximize organizational effectiveness, human potential—individuals' capabilities, time, and talents—must be managed. Human resource management works to ensure that employees are able to meet the organization's goals."Human resource management is responsible for how people are treat...Try vLex for FREE for 3 days
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