Write short notes on Importance of HRO in a Commercial organisation.

1.	Write short notes on Importance of HRO in a Commercial organisation.
Answer» The importance of human resource development in a commercial organisation are as follows: 1. Attracting and retaining the required talent through effective human resource planning, recruitment, selection, placement, orientation, compensation and promotional policies. 2. Developing the necessary skills and right attitudes among the employees through training, development, performance appraisal, etc. 3. Securing willing cooperation of employees through motivation, participation, grievance, handling, etc. 4. Utilising effectively the available human resources. 5. Ensuring that the enterprise will have in future a team of competent and dedicated employees.

Answer»

The importance of human resource development in a commercial organisation are as follows:

1. Attracting and retaining the required talent through effective human resource planning, recruitment, selection, placement, orientation, compensation and promotional policies.

2. Developing the necessary skills and right attitudes among the employees through training, development, performance appraisal, etc.

3. Securing willing cooperation of employees through motivation, participation, grievance, handling, etc.

4. Utilising effectively the available human resources.

5. Ensuring that the enterprise will have in future a team of competent and dedicated employees.

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