BusinessHuman Resource Management

Human resources are the main intangible assets of business

Everyone, even a beginner, an entrepreneur should know that human resources are the main asset of his business. But how can they affect the success of the company's development?

Human resources - this is a comprehensively understood term that characterizes people, their abilities and opportunities, their contribution, work and potential Force applied to a commercial or non-profit enterprise or organization. Whatever the equipment of the company, no matter how much a businessman invested in equipment or goods, if there are no competent workers who will manage material goods, there will be no development. Everything can soon come to disrepair, collapse, disappear. Human resources are the source of change, productivity, profit in the long run. You can give an analogy of an abandoned mansion. While it has staff, tenants, guests - the place lives, brings income. But if there is not a single soul in it, even the most solid walls will begin to deteriorate from time, atmospheric conditions, physical forces.

No business exists outside of people. Human resources are Necessary condition for the development of the enterprise. The success of the company, and sometimes of the whole industry, depends on how competently they are selected and used. The human resources management system should be built in accordance with the latest achievements in psychology, management and knowledge about productivity. We all know examples of companies where people do not stay long. Either a low salary, or an uncomfortable work schedule, or an unruly and illiterate leader-such factors cause a turnover of staff. What is behind this? To work, employees begin to treat negligently, negligently. It is uninteresting and unprofitable to invest labor and time in the activities of such an enterprise that does not value them. As a result, the entrepreneur is forced to spend considerable resources on the search and training of new personnel, which (if the use of human resources does not become more meaningful and rational) will soon leave the firm, go to competitors.

Competent HR management is based on respect for Abilities and needs of employees. Human resources are an intangible asset, but without it development and creation of a product, generation of income is impossible. If the opportunities of people working in the enterprise are used reasonably, if their needs - for example, in rest, in training, in professional growth, in decent wages - are met, one can count on their loyalty and devotion to the company. Devoting its time to production, development of new products, promotion of goods, a person should feel not only his need and usefulness, but also not to worry about vital bread , that he can not make ends meet.

The overall rating or reputation of the company on the market depends on the personnel policy. Recall that people do not live in isolated space, but communicate with friends, relatives, neighbors. Therefore, a wide range of people learn about how the enterprise treats employees, whether they have the opportunity to develop professionally, whether their work is considered promising. It is important that the image of the company be positive in this respect.

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