Human Resources Management Essay Example | Topics and Well Written Essays - 2250 words - 1

Human Resources Management - Essay Example When businesses can call on the most advanced technology available to man to get benefits for their organization, any company can have access to the same development and production tools as their competition and in such cases the worth of human resources becomes extremely important. In the real world, two companies can have the same computers and software, the same quality of raw materials, even the same machinery this is used for production but if one of them has better employees, then that company will have an advantage over the other. With training, labor and human resources have the advantage that they can grow with the company and while other equipment might have to be replaced with time, human resources only improve in quality with experience and training. Moreover, with effective training they can improve their skill set to play larger roles for the company and take on more responsibility. Training might also be nothing less than a necessity for the company when the business model changes to a certain level or when the company is looking to enter new markets where the existing skill set of the employees is insufficient. Undoubtedly, the advantages connected with training have been recounted by many HR related professionals but there is also a significant investment involved in training and developing human resources which may not turn out to be as loyal to the company as expected. With regard to training, GE comes across as a very good company and it has been used as a shining example of a good company by several business gurus. For example, Colvin (2006) and Demos (2006) both admire the company as well as its human resource management and give it the title of being one of the most admired companies in the world. Jack Welch, the long time CEO of the company stated clearly in his book titled Winning that the training provided by GE becomes a large part of the reason why the company is so well respected because training employees, â€Å"Motivates