Nagpur News. Hrishikesh Muley, Director – Consultant will be delivering a talk on “Cost Effective HRM for MSME’s on Friday 26th July 2013 at VIA Hall, Udyog Bhawan Civil Lines at 6 .15 p.m.
The programme is being organized by VIA – HRD Forum.
Today there is a fierce competition in every industry in the marketplace. Therefore companies are striving to gain competitive edge whenever and wherever it is possible, by increasing productivity, improving service, and ensuring that the company can adapt to ever-changing business conditions. And in almost all cases the ultimate successes of the company in many fronts depend on company employees. One thing that every business owner understands and agrees is that growth and success of every usiness depends on people. Finding the right talent, retaining them and managing their performance is the key to business success. HRM plays a crucial role in maintaining the competitive workforce in the company by being involved at the strategy, policy and decision making processes.
MSMEs understand the need for HR, and want to have good HR practices. However there is limitation in terms of cost. Just because the business is small does not mean HR is simple. Even a small business needs expertise in Recruitment, Performance Management, Compensation Management, Employee Engagement etc. Naturally, it’s impossible to hire so many experts. Hence most MSME’s settle for the obvious – Hire a junior HR executive who does things under the guidance of the owner. This leads to sub-optimal results and poor HR practices. The business struggles with finding the right talent, retaining them and managing their performance.
HR Outsourcing provides a smarter and cost effective way of managing HR. It provides HR expertise needed to manage HR in all disciplines and at the same time provide operational support to execute these HR practices.
The session will delve on this cost effective approach of HR management for MSMEs through an interactive session.The program would be beneficial for Managers, Executives, Officers, Supervisors & also for all Industrialists, Businessmen & students who are interested. The programme is free and open to all says a press note issued by Girish Deodhar Chairman HRD Forum.