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 RECRUITMENT PRACTICESRecruitment is the generating of applications or applicants for specific positions to be filled up in the organizations. In other words, it is a process of searching for and obtaining applicants for and jobs so that the right people in right number can be selected. innovative hr practicesInnovative HR practices build competencies and capabilities for superior and winning performances today and simultaneously create long term fertility for innovation of business ideas and strategies for future. HUMAN RESOURCE ACCOUNTINGThe past few decades have witnessed a global transition from manufacturing to service based economies. The fundamental difference between the two lies in the very nature of their assets. In the former, the physical assets like plant, machinery, material etc. are of utmost importance. In contrast, in the latter, knowledge and attitudes of the employees assume greater significance RISK MANAGEMENT IN HUMAN RESOURCESThe goal of Risk Management is to identify, assess, and resolve risk items before they become threats to a specific project or to the organization as a whole. Risk Management plans should include short-term and long-term risks to project schedules, costs, and the functionality, adequacy and quality of project deliverables STRATEGIC ISSUES IN HUMAN RESOURCE MANAGEMENTStrategic management seeks to coordinate and integrate the activities of the various functional areas of a business in order to achieve long-term organizational objectives. A balanced scorecard is often used to evaluate the overall performance of the business and its progress towards objectives. Strategic management provides overall direction to the enterprise and is closely related to the field of Organization Studies. overview of indian economyThe Indian economy is the fourth largest economy of the world on the basis of Purchasing Power Parity (PPP). It is one of the most attractive destinations for business and investment opportunities due to huge manpower base, diversified natural resources and strong macro-economic fundamentals. Also, the process of economic reforms initiated since 1991 has been providing an investor-friendly environment through a liberalised policy framework spanning the whole economy. EFFECTIVENESS OF RECRUITMENT PROCESSRecruitment is one of the main departments which place the right candidates to the right job. The recruiters should identify the best candidates from different sources and job sites .Recruiters should identify the problems faced during recruitment and find an alternative to make work efficiently Effectiveness of TrainingThe training program wants to conduct in every organization because it will help the employees in developing the updates skills where by new methodology and knowledge is given together handling, analyzing them for effectively and solving organizational problems. It is therefore evident that a training method is not an end in itself but a means to achieve certain specific objective. Competency MappingCompetency mapping is one of the most accurate means in identifying the job and behavioral competencies of an individual in an organization .Competency mapping should not be seen as just another means to apportion and dispense rewards. All the stakeholders must see in the exercise an opportunity for long-term growth. The key is to look at competency mapping as going beyond mere processes. And to see in it an exercise that has a significant and lasting value to individuals as well as to the organ Competency MappingCompetency mapping is one of the most accurate means in identifying the job and behavioral competencies of an individual in an organization .Competency mapping should not be seen as just another means to apportion and dispense rewards. All the stakeholders must see in the exercise an opportunity for long-term growth. The key is to look at competency mapping as going beyond mere processes. And to see in it an exercise that has a significant and lasting value to individuals as well as to the organ
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