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What is Resource Management?

Meaning of Resource Management

Every organization, whether public or private, aims to properly manage a variety of means or resources to achieve certain goals.

Therefore, we speak of resource management to refer to the system that each entity uses to satisfy its needs. By resources we can understand it in several ways: about technology, finances, time or the company’s own employees.

In any case, all resources are limited and, therefore, must be managed or administered with effective criteria.

Human resources management

In any organization, the human factor is decisive. That is why in the business area we talk about human resources . There are several aspects that act on the correct management of employees. And experts in this area consider some to be essential:

– The employee must be considered as a fundamental element of any organization. In this sense, it is necessary to adopt measures that encourage and motivate workers. On the other hand, the head of human resources must promote a good work environment and properly evaluate all employees;

– The human resources department must make an adequate selection of personnel and objectively evaluate the different profiles of candidates in relation to the position they intend to perform;

– Human resource management is directly related to other areas: labor legislation, hygiene, safety, productivity and salary policy. In other words, the human factor and its management are at the core of any company or entity;

– Proper human resource management should address issues such as career planning, internal promotion, job description and a more convenient rotation system.

Poor Human Resources Management

Let’s say a human resources department screens poor people. This hypothetical situation could have very negative consequences:

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  • A general state of dissatisfaction (this is common when the employee is overqualified in relation to the tasks they perform);
  • Integration problems in the dynamics of the company (for example, a very individualistic person is not suitable for performing teamwork functions);
  • Staff instability and, consequently, lower productivity;Finally, mismanagement causes economic loss.

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