Let's Talk This Through

underpinning social and economic reasons

underpinning social and economic reasons

by JANUARIO DINIS DOMBAXI . -
Number of replies: 1

With organizations now-a-days being more globalized and growing exponentially leaders don't necessarily have the time to deal with day-to-day people management. Mainly situations like the pandemic. It forced people to reevaluate the way they do business.

Mental health concerns as well as an ongoing economic uncertainty has caused companies to establish human resources management at the center of operations.

Human resources Management has evolved in the following ways

  • Industrial revolution: The use of machinery in factories changed the way people had to be managed. It required recruiting the right people, training them and learning operate with them
  • Social responsibility: organizations started taking a more humanistic approach in dealing with the well being of employee and their ease of work 
  • Trade union: Creating a system where employees get compensated properly