HR management is very crucial aspect of running biz: Dr Rao

Source: The Hitavada      Date: 03 May 2017 09:25:28

Business Bureau

“When building a scalable enterprise, human resource (HR) expertise is a key. In the growth stage, an enterprise needs all productivity it can get. While general motivation is a must, different kinds of employees have different needs. Some may face a lack of appreciation, some feel underpaid while others don’t feel valued and important. The HR identifies all such needs of an organisation and fixes them to enhance productivity,” said Dr G P Rao, Founder of Good People Relations during the session at Vidarbha Management Association (VMA).

VMA, in association with National Human Resource Development Network (NHRDN) organised a session on ‘Conceptualising, building and growing a scalable enterprise’ for its members.

Adding further, Dr Rao said, “To create a sustainable and scalable enterprise, one must design one’s thinking to answer critical questions pertaining to the goals, processes and innovation of the enterprise. While aiming at scaling an enterprise, one faces several issues and challenges like market dynamics, partners, sources of policies, funds, Government key people, patents, environment, competition and family issues.”
“Human resource management is one of the most important aspects of running a business. A business can create a healthy work culture by creating strong systems, effective reward management, retention efforts and regular internal coaching,” he added.

Despite a change in schedule, the session saw a great turnout. The talk was moderated by Mustafa Maimoon with support from Month Convenor Rajendra Jindal and documented by Sei Deshpande for VMA archives.