Human Resources Management Essay

Human Resources Management (HRM) is a new concept. It is a combination of HR, Accounting, Management, financial Management and Economics. Globalization to would economy has candid the corpo ordinate cable organization to global competition, mobilization of affairal manpower and y divulgehful quantitative counsel practice. So, there atomic number 18 growing realization cannot achieve its remainder effectively and efficiently. To face this complex way challenge, effective objectively measurable database carcass to measure and apply HRM information.Now-a-days, in Bangladesh, e actually year, and huge amount of money and sharp HRM are being engaged by corporate to improve the productivity or skills o f their work cast crossways the country. Such huge expenditures are make with the anticipation of future returns in name of improved serve to be rendered by skilled employees. In another(prenominal) words, organizations by investing world resources development by all odd s increase the service po cardinaltials embodied in gentle resources and these investments thus create economical pluss for the organizations.Human resource (or personnel) management, in the awareness of getting things done with bulk, is an prerequisite part of every managers responsibilities, but many organizations find it beneficial to establish a specialist category to provide an expert service dedicate to ensuring that the human resource function is performed efficiently. nation are our most valuable asset is a cliche which no division of any senior management team up would disagree with. Yet, the reality for many organizations are that their people remain chthonic valuated, under trained and under utilized.The rate of qualifying facing organizations has neer been capacious and organizations moldiness absorb and manage change at a much faster rate than in the past. In order to go across a successful business dodging to face this challenge, organizations, gr eat or small, mustiness ensure that they have the right people capable of delivering the scheme. There is a long-standing blood line about where HR-related functions should be organized into hulking organizations, e. g. , should HR be in the g everywherenment Development department or the other way or so? The HRM function and HRD profession have undergone tremendous change over the past 20-30 years. some(prenominal) years ago, bigger organizations looked to the Personnel Department, mostly to manage the paperwork around hiring and paying people. More recently, organizations consider the HR Department as playing a major role in staffing, instruction and helping to manage people so that people and the organization are performing at maximum capability in a spunkyly fulfilling manner. Company visibility History of Partex groupingPartex convention is among the large Bangladesh private sector manufacturing and service ground enterprises, owning and operating over twenty unit s plentiful value for money to all guests. The sort started modestly in 1959 in baccy trading and with prudent entrepreneurship of our Founder electric chair Mr. M. A. Hashem today we have a bet in tobacco, food, water, soft drinks, steel container, tender oil, wooden circuit board, furniture, cotton yarn and the IT sector. afterward Bangladesh was established our Chairman set up M/S Hashem Corporation (Pvt) Ltd. n Chittagong city meeting the large petition of food and materials needed for sustaining the needs of a new nation through imports. From trade to import substitution was the next tenacious step and the stepping stone into the manufacturing sector, which has matured to the multi jillion dollar diverse investment of the Partex throng today. A dedicated work force and committed board members led by our Chairman and backed by a market oriented corporate strategy has been the cornerstone of our success.Today the group has over twenty family owned private exceptiona l companies with a sizable turnover. Ours is a changing organization always exploring new ideas and avenues to blow up and grow further. Long before surroundings came to dominate the development agenda. Star fragment Board Mills in the mid-sixties pioneered an eco-friendly industry to reduce pressure on our scarce forest recourses. It is a alone(predicate) combination of environmental protection and medico belaying most doomsayers who claim the two to be at odds.The one score and ten year successful perpetuation of our whole step substitute products not only blab volumes of the foresight of Partexs founders but alike their vision of the future. They make particle board from agro-waste, mostly jute stalks, and ensure greater value to the jute growers of Bangladesh. Products are processed using new-fashioned technology to produce homogenous and surd particle board that can last seasonal change and are expel from termite and fungal attack. These particle boards go on to p roduce veneered boards of various end and texture.Also door panels both plains and nonfunctional in various finishes and sizes. In addendum their produce special furniture boards, swish furniture and even various plyboard on our range of products. Beside, in tolerate and outside training, recruits business graduates from reputed universities as management training for mainstream banking to enrich quality of human resources contributing towards operations effective and semipermanent sustainable results. Vision Statement The toss is not the limit for us, but their expectation is within limits.Therefore, their imagination soars beyond ceremonious barriers. Partex Group share or good deal with their beloved motherland. They want to serve her in the greater quest for national uplift. explosive charge statement To sincere traveler, the way is never too long. Partex Group believes in go on in diversity and service through entrepreneur. They are merchants and missionaries, doers and dreamers, entrepreneurs and professionals. They are futurist with emphasis on creating thinking and driving action. High quality financial services with the help the latest technology.Fast and accurate customer services Balance increment strategy High standard business ethics Steady return on shareholders equity. Innovative banking at a militant price. Attract and retain quality human resource. Firm commitment to the society and the harvest-time of national economy. The spirit Enterprise is Partex Groups spirit. Partex Group manufactures superior import-substitute consumer and industrial products. Their cutting edge precision leads to greater public utility and hygiene, with a great care for the environment and human inhabitation.It is the very ingredient that gives their organization the integrity upon which their composition is built and we zealously guard it everyday. Many a thousand minds of their group contributed to their collect companionship to keep the wheels rol ling that in turn leads them to goal. This cumulative strength of knowledge is required, today, to find new solutions for the manifold problems of fast- changing economic cultural and ecological milieu. Objectives Partex Group is a customer focused current banking existence thriving fast in both earning and ability to stand out as a leading banking institution in Bangladesh.They deliver unparalleled financial services with the touch of heart to Retail, wee and Medium Scale Enterprises (SMEs), corporate, institutional and political guests through the outlets of branches across the country. Their business initiatives pump on the emerging need of the clients. Partex Groups client commitments are the following Provided services with high degree of professionalism and use of most young technology. Create life-long relationship based on mutual trust and respect. Respond to customer needs with speed and accuracy.