HUMAN RESOURCE FUNCTION

The point is to appreciate the new role of ability management as a part of the Human resources occupation during recessionary times and to identify the tools and techniques that can help the group in this state of affairs. The mean is to understand the impact of Talent Management as a new meeting point in the HR function to counter the challenges of economic recession. Also, the role of the supporting technologies is discussed, which not only integrates but also helps maintain the goals of HR as a strategic co-worker to Business policy. As a part of an organization, the role of the HR is no longer boundless to payroll, benefits, moving, record keeping, and auditing. With new data anthology and analysis equipment, the HR function can convey the importance of effective human capital management and directly affect not only the bottom-line but also the top-line. Therefore an accepting of these tools and techniques is essential. Recession times are times of complicated decisions from all functions, and HR is not the point of this to realize the new role of talent management as a part of the Human resources function during recessionary times and to define the tools and techniques that can help the company in this scenario.
Talent Management can emerge as a new approach to make sure immediate survival and long term success of an organization. However, the degree and mode of impact of this strategy needs to be understood carefully to achieve this objective. Recession times are times when grave measures are taken to survive the huge storm which weeds out the non-perred either. Talent Management can appear as a new strategy to ensure immediate survival and long term success of an organization. However, the degree and mode of impact of this strategy needs to be understood carefully to achieve this objective. Recession times are times when grave measures are taken to survive the massive storm which weeds out the non-per
The aim is to understand the impact of Talent Management as a new focus in the HR function to counter the challenges of economic downward spiral. Also, the role of the behind technologies is discussed, which not only integrates but also helps align the goals of HR as a strategic partner to Business strategy. As a part of an organization, the role of the HR is no longer confined to payroll, benefits, relocation, record keeping, and auditing. With new data compilation and analysis tools, the HR function can demonstrate the importance of effective human capital management and directly affect not only the bottom-line but also the top-line. Thus an understanding of these tools and techniques is required. Recession times are times of difficult decisions from all functions, and HR is not secure either.