Managing the Human Resources of Business Organizations in a Depressed Economy

Description

– Managing the Human Resources of Business Organizations in a Depressed Economy –

Download Managing the Human Resources of Business Organizations in a Depressed Economy. Students who are writing their projects can get this material to aid their research work.

Abstract

Human Resources Management exists to help employees and organisations reach their numerous goals. In the course of doing this, they face many challenges arising from the demands of the employees, the organisations and the society.

And, in a depressed economy like Nigeria, it takes an effective and efficient human resources manager to meet these challenges proactively.

The purpose of human resources management is to improve the productive contribution of people in the organisation in way that 7 are strategically, ethically and socially responsible.

This purpose guides the study and practice of human resources management.

In line with the above, this research work investigated low productivity of workers as a basis for investigating the methodology adopted in managing human resources in MB-ANAMMCO Ltd. Emene Enugu. 

Introduction

1.1 Background of the Study

An organisation exists when two or more people come together for the purpose of achieving certain objectives that ordinarily would be difficult for an individual to achieve.

According to Akpala (1990:4), an organisation is a combination of people or individuals working together in pursuit of certain common purposes called organisational objectives. All organisations are purposive, which according to Nwachukwu (1992) means that all organisations whether profit seeking or non profit seeking, exist for some purpose.

The goals may be profit making (Business organisations); training and educating 13 people (Schools); National defence (Army) and social satisfaction / affiliation (social clubs) etc.

Individuals in an organization work in order to help accomplish the organisational objectives. These individuals also wish to accomplish their own goals through the organization.

To achieve their goals, all organizations need to combine the three main resources of men, money and materials in pursuit of their goals using the process known as management (Ikeagwu 1992 P. 2).

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