Today’s Business World and Human Resource

In this economic globalization and technological revolution it is nothing but a marvel to have tens of thousands of people with highly individualized backgrounds, skills, and interests coordinated in various enterprises to pursue common institutionalized goals.

Our future achievements may be limited only by our imagination, indeed, the possibilities are immense. There’s no doubt; the next millennium abruptly demands from us:

• Routine travel to distant planets
• Human longevity unimaginable in the past
• Working and shopping without ever stepping out of our homes?
• Growing our own food in our kitchen
• Flying to any destination of our choice in automatically piloted flying cars
• Living in undersea settlements

People are the common element in all social organizations. They create the objectives, the innovations, and the accomplishments for which organizations are praised. When looked at from the perspective of the organization, people are resources. They are not inanimate resources, such as land and capital; instead, they are human resources. Without them, organizations would not exist.

In today’s business world increasing integration of trade and financial flows through advanced technology & modern communication approaches, brings a number of necessary strategies for Human Resource development, including:

• Cross-cultural training
• Study languages
• Develop relationships
• Value diversity
• Polish curiosity, pro activity, creativity, and sensitivity

The field of Human Resource extents several function through the organization starting with employee recruitment and training, appraisals and payroll and encompassing to the recreational and motivational features of employee development. Human resource department now surely has to focus on ensuring that employees are delighted with the working conditions and perform their jobs according to their hidden potential which is brought to the front. More and more top managers are beginning to recognize that organizational success depends upon careful attention to human resources. Some of the best-managed and most successful Canadian organizations are those that effectively make employees meet organizational challenges creatively.

Thinking back over your college years and your job experiences, have you ever helped to initiate a change? What was the change? What was your role in making the change happen?