Q.Explain the importance of HRM to an organisation.

HRM's importance ultimately comes down to a simple fact: every other resource an organisation has is put to use only through the efforts of its people. …

1. Attracting and retaining talent — sound HR policies help bring capable people into the organisation and retain them through fair pay and growth opportunities, reducing costly employee turnover.
2. Developing employee skills — systematic training builds workforce capability over time, which in turn builds the organisation's own long-term capability.
3. Maintaining good industrial relations — HRM builds trust between management and employees and handles grievances fairly, reducing disputes.
4. Ensuring legal compliance — HRM keeps employment practices within the boundaries of labour law, protecting both the organisation and its employees.
5. Improving productivity and morale — a well-managed, fairly treated workforce tends to be more productive and engaged.
6. Helping the organisation adapt to change — HRM prepares employees, through training and communication, to adapt to new technology, competition, or customer needs rather than resist them. …

Describing HRM's importance only in terms of "keeping employees happy," missing that its importance also includes legal compliance, produ …