Human Resources Management Essay Example for Free

merciful Resources Management EssayHuman Resources Management (HRM) is a new concept. It is a combination of HR, Accounting, Management, Financial Management and Economics. Globalization to would economy has opened the corporate duty organization to worldwide competition, mobilization of professional manpower and modern quantitative wariness practice. So, there are growing realization can non achieve its goal effectively and efficiently. To face this complex focal point challenge, effective objectively measurable database system to measure and apply HRM information.Now-a-days, in Bangladesh, every year, and huge gist of money and talented HRM are being engaged by corporate to improve the productivity or skills o f their workforce across the country. Such huge expenditures are made with the expectation of time to come returns in terms of improved services to be rendered by skilled employees. In other words, organizations by investing human resources development definitely i ncrease the service potentials embodied in human resources and these investments thence create economic assets for the organizations.Human resource (or personnel) worryment, in the sense of getting things done through people, is an inbred part of every managers responsibilities, but many organizations find it advantageous to establish a specialist division to provide an expert service dedicated to ensuring that the human resource function is performed efficiently. peck are our most valuable asset is a cliche which no member of any aged(a) management team would disagree with. Yet, the reality for many organizations are that their people remain nether valued, under trained and under utilized.The rate of change facing organizations has never been greater and organizations must absorb and manage change at a much faster rate than in the past. In order to execute a successful lineage strategy to face this challenge, organizations, pear-shaped or small, must ensure that they ease up the right people capable of delivering the strategy. There is a long-standing argument about where HR-related functions should be organized into braggy organizations, e. g. , should HR be in the Organization Development department or the other way nigh? The HRM function and HRD profession have undergone tremendous change all over the past 20-30 years. Many years ago, large organizations looked to the Personnel Department, mostly to manage the paperwork around hiring and paying people. More recently, organizations consider the HR Department as playing a major role in staffing, training and helping to manage people so that people and the organization are performing at maximum capability in a extremely fulfilling manner. Company Profile History of Partex throngPartex assemblage is among the large Bangladesh private sector manufacturing and service found enterprises, owning and operating over twenty units giving value for money to all customers. The group started modestly in 1 959 in tobacco trading and with prudent entrepreneurship of our Founder head Mr. M. A. Hashem today we have a guess in tobacco, food, water, soft drinks, steel container, edible oil, wooden mount up, furniture, cotton yarn and the IT sector.After Bangladesh was established our Chairman set up M/S Hashem Corporation (Pvt) Ltd. n Chittagong city meeting the large film of food and materials needed for sustaining the needs of a new nation through imports. From importing to import commuting was the next logical step and the stepping stone into the manufacturing sector, which has matured to the multi million dollar diverse investment of the Partex collection today. A dedicated work force and committed board members led by our Chairman and indorse by a market oriented corporate strategy has been the cornerstone of our success.Today the group has over twenty family owned private limited companies with a sizable turnover. Ours is a dynamic organization everlastingly exploring new ide as and avenues to expand and grow further. Long before environment came to dominate the development agenda. Star section Board Mills in the sixties pioneered an eco-friendly industry to reduce pressure on our scarce woodland recourses. It is a unique combination of environmental protection and commerce belaying most doomsayers who claim the two to be at odds.The one score and ten year successful perpetuation of our timber substitute products not only speak volumes of the foresight of Partexs founders but also their vision of the future. They make particle board from agro-waste, mostly jute stalks, and ensure greater value to the jute growers of Bangladesh. Products are processed using modern technology to flummox homogenous and strong particle board that can withstand seasonal change and are apologise from termite and fungal attack. These particle boards go on to produce veneered boards of various design and texture.Also verge panels both plains and decorative in various finishe s and sizes. In addition their produce special furniture boards, fashionable furniture and even various plywood on our range of products. Beside, in house and outside training, recruits business graduates from reputed universities as management training for mainstream banking to enrich quality of human resources contributing towards operations effective and semipermanent sustainable results. Vision Statement The Sky is not the limit for us, but their expectation is within limits.Therefore, their belief soars beyond conventional barriers. Partex Group share or destiny with their beloved motherland. They want to serve her in the greater quest for national uplift. Mission statement To sincere traveler, the way is never too long. Partex Group believes in progress in diversity and service through entrepreneur. They are merchants and missionaries, doers and dreamers, entrepreneurs and professionals. They are futurist with emphasis on creating thinking and dynamic action. High quality fi nancial services with the help the modish technology.Fast and accurate customer services Balance growth strategy High standard business ethics Steady return on shareholders equity. Innovative banking at a competitive price. Attract and protect quality human resource. Firm commitment to the society and the growth of national economy. The spirit Enterprise is Partex Groups spirit. Partex Group manufactures superior import-substitute consumer and industrial products. Their cutting edge precision leads to greater public avail and hygiene, with a great care for the environment and human inhabitation.It is the very ingredient that gives their organization the integrity upon which their paper is built and we zealously guard it everyday. Many a thousand minds of their group contributed to their gathered knowledge to come on the wheels rolling that in turn leads them to goal. This cumulative strength of knowledge is required, today, to find new solutions for the manifold problems of fas t- changing economic cultural and ecological milieu. Objectives Partex Group is a customer focused modern banking asylum easy fast in both earning and ability to stand out as a leading banking institution in Bangladesh.They deliver unparalleled financial services with the touch of heart to Retail, Small and Medium surpass Enterprises (SMEs), corporate, institutional and governmental leaf nodes through the outlets of branches across the country. Their business initiatives center on the emerging need of the clients. Partex Groups client commitments are the following Provided services with high degree of professionalism and use of most modern technology. Create life-long human relationship based on mutual trust and respect. Respond to customer needs with speed and accuracy.