Content: Understanding the human implications within organizations is crucial for fostering a productive and harmonious work environment. At the core of this understanding lies the study of human behaviour and individual differences. Human behaviour in organizations is shaped by a complex interplay of psychological, social, and environmental factors. These behaviours influence, and are influenced by,…
In accordance with the updated regulatory guidelines, all banks are required to transfer to the Depositor Education and Awareness (DEA) Fund (“the Fund”) the amounts becoming due in each calendar month. These include proceeds from inoperative accounts and balances that have remained unclaimed for ten years or more, along with interest accrued on interest-bearing deposits…
Introduction Talent management and succession planning are critical functions within human resource (HR) strategy, designed to ensure organizational stability, growth, and long-term success. HR professionals play a pivotal role in designing and implementing initiatives that not only attract and retain top talent but also prepare individuals for key roles across all levels of the organization—not…
Introduction Learning is a dynamic and lifelong process that plays a pivotal role in shaping an individual’s attitudes, guiding career planning, and fostering holistic self-development. By enhancing skills, broadening knowledge, and refining one’s approach to challenges and opportunities, learning significantly contributes to both personal fulfillment and professional success. 1. Attitude Development Shaping PerspectivesStructured learning, particularly…
Introduction Learning and Development (L&D) is a structured and continuous process aimed at enhancing employees’ skills, knowledge, and competencies to improve individual and organizational performance. L&D plays a pivotal role in fostering employee growth, ensuring alignment with organizational objectives, and sustaining competitive advantage. By encompassing the development of technical proficiencies, soft skills, and behavioral attitudes,…
Introduction Human Resource Development (HRD) is a vital framework within an organization aimed at enhancing the skills, knowledge, and capabilities of employees through structured development initiatives. As a specialized subset of Human Resource Management (HRM), HRD plays a strategic role in strengthening both individual performance and organizational effectiveness. It encompasses a broad array of activities,…
The evolution of Human Resource (HR) functions in India has been marked by a significant transformation—from basic administrative responsibilities centered on industrial relations to a strategic role that actively contributes to organizational growth and success. This development has paralleled broader economic, technological, and cultural shifts within the country, particularly the expansion of the service sector…
Strategic Human Resource Management (SHRM) is a proactive and integrative approach that aligns human resource practices with an organization’s overarching business objectives. Unlike traditional HR, which often focuses on administrative and operational functions, SHRM emphasizes the strategic role of human capital in achieving sustainable competitive advantage. It seeks to create long-term value for stakeholders—including customers,…
Human Resource (HR) professionals serve as strategic partners in the management of an organization’s most valuable asset—its people. Their role extends far beyond administrative functions, encompassing a wide range of responsibilities aimed at attracting, developing, retaining, and engaging talent. By ensuring the effective alignment of human capital strategies with business objectives, HR professionals contribute significantly…
Introduction Human Resource Management (HRM) and Human Resource Development (HRD) are two distinct yet closely interconnected domains within an organization. While HRM emphasizes the strategic and operational management of the workforce—encompassing areas such as recruitment, compensation, and performance management—HRD is primarily concerned with enhancing employees’ skills, knowledge, and capabilities through structured learning and development initiatives.…