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8/8/2019 The Effects of Human Resource Practices
1/3
The Effects Of
HumanResource
Practices
On Firms
Growth
Submitted To :Abdul Aziz
Prepared !:"ausar Per#een$urre Shehwar Aneela
8/8/2019 The Effects of Human Resource Practices
2/3
Introduction:
ac%&round of the Stud!:
Human Resource is the most important resource/asset for any organization and it is a
source of getting competitive advantage. It has been considered very difficult to manageHRM practices refer to organizational activities which are directed at managing the pool
of Human resource that ensures that this resource is being employed towards the
achievement of organizational goals. The purpose of this research is to create an
understanding of HR ractices and this is the most discussed topic among researchers.
Human Resource is considered to be important part of the organizational success and
failure !"aron and #reps$%&&&'. (rganizational development is an ongoing and
systematic process. )o the management$ *eeping this in view deploys trainings ma*e
decisions on reward structures$ setup teams allocate decision rights and so on.
"y doing this they provide opportunities to perform a human beings rather than as
resource in their productive process. It is a department which ma*es such an
environment in which$ it is to find e+citing and challenging wor*.
Organizational development/organizational growth is a body of knowledge
and practice that enhances organizational performance and individual
development by increasing alignment among the various systems within the
overall system. The interventions are inclusive methodologies and
approaches to strategic planning, organizational design, leadership
development, change management, coaching, diversity, team building and
work life balance. It is a eld of research, theory and practice dedicated to
epanding the knowledge and e!ectiveness of people to accomplish more
successful organizational change and performance.
"n O# consultant in the organization suggests a way to create change in theorganization. There are varieties of strategies that lead to change in anorganization. They can be directed towards individual, work group or theentire organization. $uccessful %& practices are collaborative and futureoriented. Through %& organizations can improve e!ective, achieve goals ,build
capacity and creatively manage challenges and change.
%uman relations studies from the '()*s shows that psychologists realizedthat organizational structures and processes in+uence worker behavior andmotivation. ore recently work on Organizational #evelopment hasepanded to focus aligning organizations with their rapid changing andcomple environments through organizational learning, knowledgemanagement and transformation of organizational norms and values
Problem Statement
8/8/2019 The Effects of Human Resource Practices
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In HR practices human beings are pitched against such odd environment and activities$
where they not only feel be little and helpless$ under reasons of economy$ societal
limitations or at times pressing needs. This certain e+isting practices do help the
employees and also have direct bearing on the growth of the firm there are no. of
factors which effect the growth of the organization such as ,or*ing -nvironment$ ob
)ecurity$ ompensation olicies$ Training and development$ selective hiring$ employee
,elfare$ Talent Management and -mployee retention. 0mong the aforesaid factor they
not only provide confidence to the employees but also affords them a piece of relief that
with each passing year$ they will also be getting closer to their elevation as per the
career progression structure.
Ob'ecti#es:
%. To increase the level of inter personal trust among employees.1. To find out how to increase employees level of satisfaction and commitment.
2. How to strengthen interpersonal trust$ cooperation and communication for thesuccessful achievements of organizational goals.
H!pothesis
Timely action on areer rogression has a positive impact on employee performance
and growth of the organization
The employee welfare measure including financial help on marriage of employees3
daughter will have positive effect
4inancial help on demise of employees3 family member have a positive impact on
employee performance and motivation
rovision of bonuses 5uarterly or bi6annual will also have a positive effect on
(rganizational development