Human resource management practices in Reliance Industries Ltd

Abstract

Human resource management functions are no longer specialized functions, merely confined to the human resource or personnel department. The management of human resources is the responsibility of every manager in the present business scenario. It is a fact that most of the problems in an organization are human related, since human being is dynamic, complex and highly sensitive to environment. Managing the human resource in any organization is therefore a challenging task, therefore, in the present competitive market situations one of the better ways to survive and grow is to adopt new strategies and policies for human resource management both for managerial and non managerial staff. Many private and public sector organizations in India and abroad have realized the importance to develop their human resource. Human Resources Management may be described as that activity in an enterprise which strives to mould the human resource into the effective organization provides opportunity for maximum individual contributions under healthy working conditions promote individual development and encourage mutual confidence and understanding between the employer and the employees and between the employees themselves. Human resource management is responsible for maintaining good human relations in an organization. It is also concerned with the development of individuals and achieving integration of goals of the organization and those of the individuals. While people have always been central to organizations, today they have taken on an even more central role in building firm s competitive advantage. Particularly in knowledge based industries such as software, information technology, telecom and others, success increasingly depends on people embodied know how . The human resource dynamics prevalent in Indian Organizations are different from those in the other counties of the world. But in the recent past some new orientation is taking place in the Indian organizations due to the global impact on business activities.