Article of the Week

On this page every week you will find an original, new piece written specially for this site by various writers, whose introduction follows.  The previous articles have been archived with a search facility.

If you have an original idea -and can describe it lucidly, in simple English in up to 2000 words- on any discipline of Management, Finance and IT, send it to usefulinfo@manfin.com with your introduction in up to 150 words.


RECRUITING PEOPLE FOR SMALL BUSINESSES

By Devesh Dand
All small businesses must staff their operations. This involves bringing new people into the business and making sure they are productive additions to the enterprise. Effective human resource management matches and develops the abilities of job candidates and employees with the needs of the firm. A responsive personnel system will assist you in this process and is a key ingredient for growth.

Human resource management is a balancing act. At one extreme, you hire only qualified people who are well suited to the firm's needs. At the other extreme, you train and develop employees to meet the firm's needs. Most expanding small businesses fall between the two extremes- i.e., they hire the best people they can find and afford, and they also recognize the need to train and develop both current and new employees as the firm grows.

The first and important thing is how to hire and train the right people. It also ask for defining the characteristics of an effective personnel system, such as

The second important thing is the training and development of human resource management.

The third area of discussion can be how the personnel system and the training and development functions come together to build employee trust and productivity.

These three points stress the importance of a good human resource management climate and provide specific guidelines for creating such a climate.


Devesh Dand

He holds a M.B.A. degree with Finance as the major subject from K. S. School of Business Management,
Gujarat University and may be reached via deveshdand@yahoo.com