HR

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HR

What Is Human Resource Management & Why It's Important

What Is Human Resource Management & Why It's Important

Set Motamedi

February 24, 2023

Human capital is one of the most important drivers of progress and innovation

in any given business. Understanding how to leverage this via effective use of

human resource management is critical to your business’s sustainable and strategic long-term growth.


Below, we’re discussing what human resource management is, as well as

answering the question(s):

What is managing human resources? And what does it look like on a practical, tactical scale? 




What is human resource management? 

Human resource management is the art and science of managing and directing

your organization’s team members. It’s an all-encompassing term that covers

critical elements of the HR process, such as management, recruitment, hiring,

and onboarding. It can also extend to the “soft science” elements of leading

other people, such as cultural development and personal development tasks that

are generally relegated to the HR department to support. 




Anything that contributes to your workplace culture or employee support areas

can be considered an extension of human resource management in a small

business or corporation. 


What are the roles (or functions) of human resource management? 

There are many different areas to address in your human resources strategy. If

you find yourself asking “What is a human resource manager?” we

invite you to broaden your question – instead ask yourself what roles and

functions are yet to be fulfilled that could fuel your team’s success. This

can span across several different people, and may not fall to any one specific

person (such as a human resource manager.) However, we do want to note that

this process looks different on a per-business basis, and we encourage you to

do your recruitment map and research to determine which role(s) best suit your

needs. 




Let’s discuss the many different roles of human resource management in the

workplace. 




1. Workplace culture development 

Your culture is fostered, not found. Creating a culture of engagement requires

active participation and strategy from your team of human resource

professionals. There are many different elements of workplace culture

development, including: 




  • Incentive programs

  • Personal and professional development initiatives 

  • Cultural strategy work and implementation support 

  • Employee profiling and research 

  • Competitor analysis 

  • Ongoing workplace assessment support 



2. Employee performance support

Your organization’s success comes down to the caliber of your team. Investing

in tools and roles that facilitate ongoing research into areas of employee

performance and success can help you to better leverage your human capital –

as well as empower your team members to seek out personal and professional

development opportunities more strategically. 




3. Recruitment and retention 

Recruiting and maintaining a team of high-performing individuals requires the

expertise that a skilled human resource manager can offer. There are a number

of legal and interpersonal areas of strategy that ought to be considered

before the implementation or execution of any of these strategies, which is

where your HR manager can truly shine. 




4. Administration, legality, and safety 

Beyond supporting the organization in an administrative function, human

resource managers and expert HR services support your business in a proper

legal and administrative function. Maintenance of employee records, management

of employee complaints and feedback, and interpersonal support may also fall

into this vital category. 


How can an HR management service help you? 

Whether you’re an established organization or a small/startup business, your

brand can benefit from trusted human resources support experts or third-party

HR companies. Here are just a few of the ways you can excel with the support of HR

strategists: 




Strategic growth 

Your team members are the key to strategic and sustainable growth. Human

resource managers can best leverage and develop this important element of

strategy and refine your structure to suit your current business needs. They

can do this by offering strategic insights and analysis on your current staff

and operations, aligning the next steps to your upcoming future goals. 




Preemptive protection 

Areas of workplace legal risks can be complex, expensive, and catastrophic if

not well-managed. Getting and staying ahead of your current risk profile is

critical to your brand’s image and long-term success. Having an HR influence

in every area of your system creation and operational management can promote

an environment of safety, preemptive precaution, and success. 




Long-term success 

Managers aren’t the only people responsible for the long-term success of your

team members. Your HR department can provide valuable insight and resources

when it comes to retention, workplace function, and other key employee support

tools, such as onboarding documents, HR policy refinement, or employee

handbook creation.