Whatever an organization does, human beings are essential to its success. “Humans are an organization’s greatest asset. Any organization and endeavor that operates in the realm of commerce requires human beings. Accordingly, understanding how to manage this essential asset is imperative to all managers.
According to some estimates, it costs more to find and hire a new employee. If the way we recruit, retain and develop employees is below the required standard, the organizations will not be able to achieve their goals.
“The cost of a bad HR Practice by non-HR Managers is always extensive,” Most companies don’t know the full cost of this bad practice, so they don’t apply the resources upfront to avoid it. If your managers engage in bad HR management practice, there is a ripple effect among all who work for you, your product and your product quality.”
In organizations, we often seem to focus less on the management team, and more on the glamorous and exciting work of leadership. We forget that, managers are the ones responsible for making sure that things are done properly. Though leaders may bring us vision, inspirations, and challenges, but these things count for nothing without the efficient implementation brought by good management.
When non-HR Managers are not well equipped with HRM knowledge, the frustrate all HR and Organizational Initiatives.