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A Holistic Perspective of HR Functions and Operations for Sustainable Organizational Development
Abstract
Human resource activities play a pivotal role in efficient corporate functions and achieving success in a competitive business environment. In general, the human resource development policy trends in different corporate scenarios act in a cohesive way to create impact on organization development. This paper explores the key implications of human resource practices and how fundamental human resource (HR) managerial processes interact or collaborate in a strategic manner to provide innovative HR solutions. The core functional processes which commonly include workforce planning, recruitment and selection, benefits and compensation systems, management development programs are analyzed highlighting their advantages and drawbacks. A systematic review of the intrinsic and extrinsic factors essential for shaping human resource policies and philosophies are presented. The findings of this study highlight the role of HR functions which provide long term benefits and improving productivity of business operations in the context of sustainable organization development.
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