Leolingham2000
Management Consultant

wanted a answee ask from u Question: Is hrm Helping the Indian Economy Or not If helping then why and if not then why?
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HRM DOES HELP / SUPPORT/ DEVELOP THE ECONOMY.

THE growth of the GDP [ gross domestic product ], an indicator

Of the economic growth and LSI [ life style index ] an indicator

Of the people’s development , is the outcome of the HRM

Contribution..

In the last 10 years, both these indices of INDIA have shown,

Significant Growth , which were well above the world average.

GDP GROWTH [ ECONOMIC DEVELOPMENT ]

It is the human resources, which fuses the other resources like

-capital

-material

-technology

etc etc

into product / services, which contributes to the growth of

GDP [ Economy.]

HRM achieves these , through

-production

-product development

-technology development

-process development

-innovation

-creativity

-productivity improvement

-continuous improvements

-ideas development

-research and development

-market development

-sales development

etc

by using knowledge/skills/ability/ competences etc.

LSI GROWTH [ LIFE STYLE DEVELOPMENT ]

It is the human resources, which fuses the other resources like

-capital

-material

-technology

etc etc

into product / services, which contributes to the growth of

LSI [ Lifestyle.]

HRM achieves these , through

-medical production

-new medical product development

-medical technology development

-health process development

-innovation in medical science/education

-creativity in medical treatment/education

-health / education improvement

-continuous improvements in health/education programs

-research and development in medicine/ education

-training/ education/ development of human resources

-human capital development

etc

by using knowledge/skills/ability/ competences etc.

PEOPLE don’t see the contributions of HRM , because of the lack of visibility given to these achievements and the role of HRM.

In western Europe/ USA, the HRM contributions are made very

Visible through various awards / media programs and hence

People can see the HRM contributions.

regards

LEO LINGHAM
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