the famous quote of narayana murthy, old but classic, aptly signifies the importance of the one resource that can’t be replicated or easily replaced, humans. thus, human resource management becomes, one of the most important pillars in the success of any corporation.
the hr challenge becomes even bigger when organizations expand across the world, thereby integrating people from different regions and cultures, with diverse labour & compensation laws while trying to maintain their original organizational work culture and uniform compensation structure. equally big challenges come up in the case of merger and integration of one mnc with another. people management is thus the cornerstone of the success of any large organization.
it is the human resource department’s responsibility to manage, reinforce, motivate, appraise and bring change in organizations. many big organizations have more than one department of hr or rather the umbrella department of hr being augmented with additional cells like leadership development, training and development, organizational development, compensation & benefits and labour relations to name a few. off late there has been a lot of emphasis on developing assessment centres, augmenting organizational development interventions and in turn understanding organizational culture and dynamics in a more refined manner.

the famous quote of narayana murthy, old but classic, aptly signifies the importance of the one resource that can’t be replicated or easily replaced, humans. thus, human resource management becomes, one of the most important pillars in the success of any corporation.
the hr challenge becomes even bigger when organizations expand across the world, thereby integrating people from different regions and cultures, with diverse labour & compensation laws while trying to maintain their original organizational work culture and uniform compensation structure. equally big challenges come up in the case of merger and integration of one mnc with another. people management is thus the cornerstone of the success of any large organization.
it is the human resource department’s responsibility to manage, reinforce, motivate, appraise and bring change in organizations. many big organizations have more than one department of hr or rather the umbrella department of hr being augmented with additional cells like leadership development, training and development, organizational development, compensation & benefits and labour relations to name a few. off late there has been a lot of emphasis on developing assessment centres, augmenting organizational development interventions and in turn understanding organizational culture and dynamics in a more refined manner.