|
Nokwazi Shongwe, S.A
|
Role of the HR Manager in a Financial Crisis
What is the role of the HR Manager in a (global) financial crisis?
X
Sign up for free
Welcome to the Human Resources Management forum of 12manage.
Here we exchange knowledge and experiences in the field of Human Resources Management.
❗Sign up now to gain access to 12manage. Completely free.
X
Continue for free
Please sign up and login to continue reading.
Here we exchange knowledge and experiences in the field of Human Resources Management.
❗Sign up now to gain access to 12manage. Completely free.
| |
|
|
| |
|
Ntirenganya, Rwanda
|
|
No Role for HR in the financial crisis Human Resources are not considered much in this time because of the financial crisis.
|
| |
|
Mfanelo Khoza, SA
|
|
Major Role of HR Manager in a Financial Crisis A financial crisis brings with it serious challenges in the workplace, among others, job uncertainty, lower stuff morale which result to poor performances, higher tensions between employers and employees and a general hostile working environment.
With all of the above, it is a duty of HR Managers to turn around all the above with applicable change management theories, crisis management theories and also motivational theories.
We should always remember that the role of human resources management functions in a workplace has drastically changed from a traditional HR, we are now looking at HR as core business partner, and as the people responsible of our core resources (PEOPLE), there is no way we can regard them less in the financial crisis.
|
| |
|
Imran Ramdani, SKM. CPHR., Indonesia
|
|
Role of the HR Manager During a Financial Crisis I do not agree with Ntirengaya from Rwanda, and I agree with Khoza from SA. Yes, currently and in the future as HR Manager we should do as a business partner to BOD. There are very much ideas to support them to take business decision making, such as lead and drive the productivity improvement initiative, change management reorganization design etc.
|
| |
|
Akumar, India
|
|
Role of HR in a Financial Crunch In this competitive era and globalization, HR is strategic partner in the business and playing a major role in nurturing the human capital. HR, through its strategic vision controls the expenses and does not allow to over run the capex or revenue expenditure.
The cost of human capital differs from industry to industry in accordance with its nature. In some of the services sectors, the cost of human resources is very high, hence controlling the cost and providing the best quality and controlling it helps in maintaining the liquidity.
It is your people who are managing all the affairs, and managing people is one of key role and has a part and parcel of HR function. In light of the above, we can not deny the contribution of the HR function in any financial crisis.
|
|
Log in
Comments by date▼