TRENDS IN DEVELOPMENT OF HUMAN RESOURCE

Today the corporate world is focusing on concepts about leadership retention, management, attracting the right type of employees and other various aspects of the people's side of business. Hence the human capital management focuses on retaining and developing companies most valuable asset, people here the discussion is about the various aspects which are involved in the frame work of modem human capital development. The human capital management needs to be managed like any other resource like any other material, etc... To get the best return on investment. Conipanies concentrate on HCM strategies such as recruitment, performance management. Human resource is a function which is fast changing as it works closely with senior managements, business segments, line segments, and functional leaders of anorganisation.they create enthusiasm bymotivating the employees role, their work towards the organisation.HR managers play a vital role in creating assets for the organization in the form of quality manpower. For e.g.: as we have taken the case of Wipro way it has enhanced the employee performance through four initiatives. They are: 1. Meet your people programme: It is a frame work which defines the various touch points the manager needs to engage with the team. 2. Wipro listen's and responds: it aims at improving the health of the workplace.It acts on those areas of feedback by improving existing system and identify new processes. 3. Best people manager awards: these managers show high employee satisfaction, engagement, productivity. 4. Talent review and planning: This helps in identifying high potential talent at different levels. Therefore as a result this has created customer satisfaction and also it has created awareness for India and for the Indianculture. By this it has led to satisfied workplace with this, the employees have developed the necessary skills required for improving their efficiency in their job and thereby impacting productivity. Lastly better people management produces better business results.