Human Resource Development: Key to Organizational Success Essay Example
Success in an organization means making profits and achieving goals and the mission of the specific organization. The work of the Human Resource is to recruit and interview workers as well as coordinating the functions of administration in an organization. The department of human resource is involved in handling the employee relations, training and payrolls in the organization. Therefore, development of the human resource is not the key to the success of an organization since their responsibilities are not related to the success of an organization.
Creativity and innovation lead to success in an organization. When a company uses innovative ideas to generate new applications, services and products it is guaranteed of success. Developing the human resource does not provide creativity or innovation. According to De, and Petrillo, (2013) innovation and creativity require effective management
...of talent rather than the development of human resource. To manage talent, the organization needs to have retention in accountability management and the environment of the business. All the people in the organization need to be involved in the creativity and innovation rather than developing only the department of human resource. The organization needs to work together to facilitate success. Developing human resource does not guarantee success since the other departments are left behind.
The customers are the key to success in an organization since they are willing to pay for either services or products provided by an organization. According to Bhuvanaiah, and Raya, (2014) the more the money the customers pay, the more the profits hence the better the success in the company. As a result, the company should develop strategies that increase the customer base rather than developing the human
resource. Developing customer relations ensures that the organization retains its customers and at the same time gains more customers. Customers are the most important factor in the success of an organization since all the money comes from them. According to (Peter Drucker), a business guru, the main purpose of a business is to get and keep customers. Therefore, the company should be involved marketing strategies to promote their products in order to boost sales. The organization should also be involved in developing products that the customers are willing to pay for rather than develop the human resource which caters for the needs of the employees. The success of an organization is dependent on the customers rather than the human resource.
For an organization to be successful, it requires physical resources like equipment, finances and facilities. The employees need facilities and equipment to work for an organization to be successful. The company needs finances to achieve sustainability therefore, finance is a major key to success in an organization. According to Graham, (2015) developing the human resource without developing finances only leads to failure of the organization. Therefore, the organization needs to develop the operation of the business to increase the finances. The focus of the organization should be on increasing the revenue and profits and as a result, the organization is bound to be successful.
The success of an organization is based on the profits the organization makes. For an organization to gain profits, it needs to increase the customers since the money comes from them. The company needs to develop the physical resource which will facilitate the development of services and products and as a result, the
customers will pay for them. Hence, developing the customer base and the physical resources is the key to success of an organization. Therefore, developing the human resource is not the key to success in an organization since it does increase profits in the organization.
References
- Bhuvanaiah, T., & Raya, R. P. (2014). Employee engagement: Key to organizational success.SCMS Journal of Indian Management, 11(4), 61.
- De, F., &Petrillo, A. (2013). Key success factors for organizational innovation in the fashion industry.International Journal of Engineering Business Management, 5, 1.doi:10.5772/56882
- Graham, G. (2015). Operations is key to the success of organizational change.National Mortgage News, 39(36), 4.
- American Dream essays
- Barriers To Entry essays
- Capitalism essays
- Central Bank essays
- Compensation essays
- Consumerism essays
- Economic Development essays
- Economic Growth essays
- Economic Inequality essays
- Economic System essays
- Economy essays
- Employment essays
- Export essays
- Finance essays
- Free Trade essays
- Gross Domestic Product essays
- Human Development essays
- Income Inequality essays
- Industry essays
- Inflation essays
- International Business essays
- International Trade essays
- Macroeconomics essays
- Materialism essays
- Max Weber essays
- Microeconomics essays
- Minimum Wage essays
- Monetary Policy essays
- Monopoly essays
- Pricing essays
- Profit essays
- Recession essays
- resources essays
- Taxation essays
- Trade essays
- Unemployment essays
- Warehouse essays
- World economy essays
- Air Pollution essays
- Carbon Dioxide essays
- Climate essays
- Deforestation essays
- Ecology essays
- Endangered Species essays
- Environmental Issues essays
- Environmental Protection essays
- flood essays
- Greenhouse Gas essays
- Hurricane essays
- Nature essays