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The Importance Of A Good Human Resources Management

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Group 5:
The Importance Of A Good Human Resources Management
I. Opening
In the business, there are experts to oversee and advise you on various areas and
departments. For example, your Chief Financial Officer’s sole purpose is to keep their
eyes on the financial functions and make a decision for the company. Without good
accounting and insight on your cash flow, investments, and balance sheet, you risk
making poor business decisions and potentially going out of business.
Likewise, there are many reasons why the role of Human Resources Management (HRM)
in a company is important to its survival and success. The reasons why Human Resources
Management is important can vary depending on if you look at the issue from a manager
or employee. A company cannot build a good team of working professionals without
good Human Resources. The key functions of the Human Resources Management
include recruiting people, training them, performing appraisals, maintaining work
atmosphere as well as managing disputes, developing public relations and much more.
Without good employees, the best business plan and ideas will fail.
The importance of these functions are discussed in our presentation, we will help you
better understand the essential role of Human Resources Management in the company.
In our presentation, we have collected data by searching for information in the reports,
magazines, Internet related to Human Resources Management.

II. Body
1. Some definitions in the topic
The first, we understand what is the human resource, the human resource management
1.1. Human
Human: Refers to the skilled workforce in the organization.
1.2. The Human Resources
This is the division of a company that is focused on activities relating to employees.
These activities normally include recruiting and hiring of new employees, orientation and
training of current employees, employee benefits, and retention. Formerly called
personnel.




1.3. The Human Resources Management
The Human Resources Management is the process of recruitment and selecting
employee, providing orientation and induction, training and development , assessment of
employee (performance of appraisal), providing compensation and benefits, motivating,
maintaining proper relations with employees and with trade unions, maintaining
employees safety, welfare and healthy measures in compliance with labour laws of the
country
2. Functions and Missions
2.1. Building an organization culture
Some organizations say that human resources own the culture, as in all other
employee relations matters. I recommend all employees owns the culture the
same. Avoiding favoritisms and cliques. Leaders will be respected by treating staff
the same. Colleagues always show each other’s weaknesses and give each other
useful advice. The truth is that building the culture of justice and civilization
within an organization will bring higher profits.
2.2. Creating a talent staff
Human Resources have to devise rules and criteria for hiring people who are right
for the job. Good HRM also involves motivating employees by encouraging staffs
to work to their full potential and providing information on the performance of
their work. The goal of a manager is developing and improving employees. From
that, good HRM will create a talent staff who helps the organization so much.
2.3. Recommending a suitable market-based salary
Employees can propose a reasonable and satisfactory salary level for the work that
they contribute to the organization. And based on the company’s profits and the
incentives granted, they have the right to receive those funds. If the employees
receive the right salary and suitable for the market, their productivity will be high.
2.4. Developing good relations
Establishing cordial relations lies with the Human Resources to a great extent. You

shouldn’t jump to conclusion before listening to all sides. Making sure you are
consistent in how you handle conflict across the organization. There are two sides
to every story, keep calm, shouldn’t be impatient to conclude something and keep
up the good working relationships in each other.


3. The importance of a good Human Resources Management.
3.1. Recruiting and Training
This is one of the major responsibilities of the human resource department. The Human
Resources Management comes up with plans and strategies for hiring the right kind of
people. They design the criteria which is best suited for a specific job description. Their
other tasks related to recruitment include formulating the obligations of an employee and
the scope of tasks assigned to him or her. Based on these two factors, the contract of an
employee with the company is prepared. When needed, they also provide training to the
employees according to the requirements of the organization. Thus, the staff members get
the opportunity to sharpen their existing skills or develop specialized skills which in turn,
will help them to take up some new roles.
3.2. Performing appraisals
HRM encourages the people working in an organization, to work according to their
potential and gives them suggestions that can help them to bring about improvement in it.
The team communicates with the staff individually from time to time and provides all the
necessary information regarding their performances and also defines their respective
roles. This is beneficial as it enables them to form an outline of their anticipated goals in
much clearer terms and thereby, helps them execute the goals with best possible efforts.
Performing appraisals, when taken on a regular basis, motivate the employees.
3.3. Maintaining work atmosphere
This is a vital aspect of HRM because the performance of an individual in an
organization is largely driven by the work atmosphere or work culture that prevails at the
workplace. A good working condition is one of the benefits that the employees can expect
from an efficient human resource team. A safe, clean and healthy environment can bring

out the best in an employee. A friendly atmosphere gives the staff member to feel
satisfaction as well.
3.4. Managing disputes
In an organization, there are several issues on which disputes may arise between the
employees and the employers. You can say conflicts are almost inevitable. In such a
scenario, it is the human resource department which acts as a consultant and mediator to
sort out those issues in an effective manner. They first hear the grievances of the
employees. Then they come up with suitable solutions to sort them out. In other words,
they take timely action and prevent things from going out of hands.


3.5. Developing public relations
The responsibility of establishing good public relations lies with the HRM to a great
extent. They organize business meetings, seminars and various official gatherings on
behalf of the company in order to build up relationships with other business sectors.
Sometimes, the HR department plays an active role in preparing the business and
marketing plans for the organization too.
Any organization, without a proper setup for HRM is bound to suffer from serious
problems while managing its regular activities. For this reason, today, companies must
put a lot of effort and energy into setting up a strong and effective HRM.

4. Dfree Vietnam Company Training and Consultancy Company
Address:
Head office: No. 3A, 34 alley, Hoang Quoc Viet street, Cau Giay district, Ha Noi, Viet
Nam
Branch: No 36, Pham hung street, Cau Giay district, Ha Noi, Viet Nam
The company operates in the field of soft skills training and self development for
Vietnamese students.
Organizational structure:


CEO

Business
Department

Acounting
Department

Administrative
Personnel

Department
Training

Marketing


Effective employee management is the boss's top priority and brings benefits to both
parties. The boss succeeds in his role and the employee works more productively, more
enthusiastically. To manage good corporate HR staff did the following:
4.1. Setting up an employee
Setting up an employee goal is not just paper work but it requires you to develop and
implement a regular supervisory and support process in the workplace.
Company leaders need
- Determine employee interest
- Adjusting business goals and expectations
- Discuss with staff about the goal
- Identify resources to support
- Monitor the work process and work efficiency of employees
4.2. Learn to listen and understand others

The secret to success in leadership know how to communicate and evaluate your
employees correctly. It is the most challenging part of managing many professionals in
the transition from a friend to a control position. When establishing a relationship with a
new team, it is important to be forthright and honest.
4.3. Regulations concerning rewards and punishments
Give reward to employees for their good work and dedication. Employees will also be
moved by the rest of the world to watch World Cup matches, or take part in interesting
extracurricular activities, or simply have lunch served free of charge. They will be happy
to be valued and will work harder and more effectively. On the contrary, employees will
be punished when they make a mistakes or fault during working hours.
4.4. Company culture
Factors such as professional ethics, rituals, cooperative methods, and warnings are
something that employees want to know because they directly affect their day-to-day
operations. In addition, the boss should make sure everyone is working towards a
common goal, giving them confidence and communicating openly.


4.5. Discipline Measures
Creating a development company can not fail to mention discipline as well as rules in a
company. In order to develop together, employees in the Company adhere to discipline
and maintain discipline.
III. Closing
Any organizations, without a proper setup for Human Resources Management is bound to
suffer from serious problems while managing its regular activities. Effective hiring and
training practices, creating employees who are motivated and rewarded for their hard
work, and maintaining a good relationship between employees and the company are all
results of good Human Resource Management. Even for small businesses, managing the
Human Resource aspect of the business is very important, and can only be done through
good Human Resource Management. For these reasons, today, companies must put a lot
of effort and energy into setting up a strong and effective Human Resources

Management.


Reference Material
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