Human Resource Management Challenges

Human resources consist of skills, knowledge andHuman Resource Management.
aptitude available in countries population. From 
Organizational perspective Human resourcesThe challenges of Human Resource Management
consist of skills, knowledge and aptitude prevalentare:
in the organization's work force. There are six M's1. Scientific selection, training and placement of
of Management 1.Materials 2. Machines 3. Money 4.human resource.
Market 5. Methods and 6. Men. Though each M of2. Career planning and progression.
management has its own significance but the3. Adequate Compensation
importance of Men or Human Resource is more4. Objective performance evaluation.
than five other M's.5. Employee empowerment and participation.
The reason for higher importance of human6. Organizational Climate which fosters growth of
resource are many but the important point is theemployees and organization.
efficient utilization of materials, machines, money,Today's organization are learning organizations
market and methods depends upon the properwhere both management and employees have to
utilization of human resources. The otherbe receptive to change and to take proactive
resources depreciate with time where as thesteps to take advantage of opportunities
human resource appreciates with time due topresented by business environment and tackle
knowledge, skills gained as a result of experience.threats present in the business environment. In
The management of Human resource is moresuch a scenario Human Resource Development
challenging than other resources as humanand employee training gives a vital edge to the
behavior is unpredictable. All managers whateverorganization and enables it to face competition.
they may be managing need to get work doneHuman Resource training and development must
through and by people working below them andbe considered as strategic function of
with them and hence they need to be good inmanagement, for business to grow and prosper.