Papers on "The Importance of Human Resources" and similar term paper topics

Paper #075269 :: The Importance of Human Resources
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This paper examines the functions of human resources within an organization.

Written in 2006; 887 words; 7 sources; MLA; $ 31.95

Paper Summary:

In this article, the writer provides a definition of human resources and points out that this area is one of the most important of all fields of operation within an organization. The writer claims that this is also the most necessary or essential and important field in the working of an organization. The writer discusses the functions and processes of human resources and looks at the roles of human resources leaders within an organization.

From the Paper:

"It must be noted that for more than a decade now, HR leaders have been working steadily towards becoming strategic business partners within an organization. One example of this is seen in a private sector survey that was conducted in the year 2003, when CEOs of various important organizations stated their unanimous opinion that an 'investment in people' was only second in importance to having an 'efficient overall strategy' of working for the organization. As a matter of fact, the same survey revealed the fact that HR's contribution to the financial performance of an organization can be linked to the basic performance of the HR, and in a more recent survey of Canadian HR personnel, it was discovered that about 70% of HR's time was spent in transactional activities of the firm, and that about 30% of their time was on average spent on strategy. In the service industry, it was reported that 37% of HR time would be devoted to strategy, whereas in the financial industry, about 33% would be utilized, and in the high tech sector, the HR time used for strategy would be about 30%, and in the remaining sectors, HR time for strategy would be 28%, both in the public as well as in the non-profit sectors."

Tags: management staffing personnel

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