Let me give you my thought
The objective of Huamn Resource is to maximize the return on investment from the organisation Human Capital and minimizing financial risk.
It is the responsiblity of Human Resource Manager to conduct these activities in an effective; legal; fair; and consistent manner.
As you know that HRM serves the key function of; Hiring; Compensation; Evaluation of performance; Promotion; Managing Relation; Planning; Payroll.
How imortant is Human Capital i think know you now ?
The term human capital is recognition that people in organisations and businesses are an important and essential asset who contribute to development and growth, in a similar way as physical assets such as machines and money. The collective attitudes, skills and abilities of people contribute to organisational performance and productivity. Any expenditure in training, development, health and support is an investment, not just an expense.
Thus talent management involves individual and organisational developments in response to a changing and complex operating environment.
It includes creations and maintenance of supportive people oriented organisation culture.
you can also refer human resources as people's department, human relations, People's division,human resources development, human resources and Industrial relations, human resources and Social development,human resources and Organizational Management, human resource network,human resource Intelligence, Human resource services center,human resource administration,human resource and corporate governance and so on.
hope it might be useful to u.
you can also refer human resources as Human Relations, People's Division, People's Department, Human Resources Center, Human Resources Development, Human Resources and Social Development,Human Resources Intelligence, Human Resources Network, Human Resources and Corporate Governance,Human Resources and Industrial Relations, Human resources and Organizational Management and so on..