There are various other reasons why Human Resource Management is imperative for every organization. The top 5 reasons are listed below:
1.Formulation Of Right Strategies
A perfectly brainstormed and meticulously implemented business plan ensures the success of the organization, and an HR manager is the one who acts as the strategy maker. HR possess a high level of knowledge and they are expected to use this knowledge to ensure the achievement of organizational goals with the optimum use of manpower. They are expected to formulate result-driven strategies that facilitate the achievement of the desired goals. They participate in the various decision-making process including recruitment, training & development, outsourcing, as well as the formulation of collaboration strategies according to the demands of the business.