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Explain why human resource management is important to organizational success.
Human resource management is an essential part of any organization’s structural and functional system which allows them to make the best possible use of their human currency, which acts as the resource that makes use of all their other resources to the best possible extent. Human resource has the function of recruitment, training, appraisal, and therefore engagement of the employees, leading them to create the necessary structure which allows them the development of their human resource and their capabilities.
A capable workforce is the one competitive advantage to a company that has the most implication. Depending on the other resources, capabilities, and the core competency of the company, human resource management allows the company the realization of its scope, mission, and therefore vision a success.
Hence Human Resource Management is an essential part of the success of a business.