HR(Human Resource) major functions in an Organisation

!--HR(Human Resources) major functions in an Organisation--> Human Resource Planning - estimating the need for resources in order achieve the desired business results. HR plans can be both short term / immediate as well as long term / strategic. The HR team partners with the line managers to understand the business goals and targets for the year and then together plan the HR needs in order to meet the goals. Acquisition of Human Resource - staffing...

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A Brief Note on Organizational Diversity

1.      Introduction We often hear the term “diversity” bandied about in our everyday usage. Usually, when we come across the term, it is in the context of having a mix of gender, race, ethnic, sexual orientation etc in a setting wherein there is no discrimination based on these traits. In an organizational context, diversity refers to equality of opportunity and employment without any bias because of these traits. Indeed,...

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Distinction between Personnel Management and Human Resources Management

The history of Human Resources Management traces its roots to the erstwhile Personnel Management that was prevalent in the companies of a few decades ago. Though the two terms 'Personnel Management and Human Resources Management' are interchangeably used by most of the authors, there are key differentiators that makes Personnel Management(PM) different from Human Resource Management(HRM). HRM is clearly based on foundation of behavioural science...

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Qualities of Inventory Manager

An inventory manager is not just a guy lost somewhere between the warehouse racks. Actually, this position requires a unique, “superhero” set of skills, which will streamline a business, if properly applied. Before we dig deeper into those superpower skills, let’s take a look at typical daily activities of an inventory manager. Superhero Inventory Manager: Daily Routine Recording the Inventory: An inventory manager should keep a complete list of company’s SKUs and their characteristics as well as constantly update this list. For smaller companies,...

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Responsibilities & Liabilities of a Secretary

Responsibilities of a Company Secretary The responsibilities of a Company Secretary as required by the Companies Act are generally as follows:- Has to be present at all company meetings and recording minutes of the meeting. In this context, company meetings are mainly referred to directors’ and shareholders’ meetings. Operational meetings do not require a company secretary’s attendance. Keep and maintain all the statutory books and records of the company, ie. Minutes book, register book, share register etc. Ensure proper filing of all necessary...

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