| People are the assets on which competitive
advantage is built, whether in the public or private sector. Human
resource management and the practices associated with it have become
accepted by managers in all forms of organizations as one of the
most important strategic levers to ensure continuing success. At
the heart of this new approach is the belief that the management
of people gives an organization competitive advantage. In more recent
years, the focus of HR has got shifted again from what practices
constitute human resource management to the broader impact of human
resource management and its relationship to the organizational strategy
and its resulting impact on the overall performance, people and
culture of the organization. The successful delivery of any business
strategy depends on the involvement, commitment and innovation of
people. So to meet today's increasing challenges every organization
needs to implement an HR strategy that motivates employees to sustain
high performance and realize the organization's goals. |
