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STAFFING CHAPTER - NCERT

STAFFINGCHAPTER Our assets walk out of the door each evening. We have to make sure that they come back the next morning (as stated by Narayana Murthy former, CEO of INFOSYS.)At a time when organisations are debating the strategic importance of their human resources, Infosys, a consulting and software services organisation, includes its human resources on its balance sheet to affirm their asset value. The rationale for this is as follows: The long term success of a company is usually examined on certain financial and non-financial parameters. Human resources are among these new non-financial parameters that challenge the usefulness of evaluating corporate success solely on traditional measures. Human resources represent the collective expertise, innovation, leadership, entrepreneurial and managerial skills endowed in the employees of an organisation.

for managers; (iv) helps to ensure optimum utili­ sation of the human resources. By avoiding overmanning, it prevents under­utilisation of personnel and high labour costs. At the same time it avoids disruption of work by indicating in advance the shortages of personnel; and (v) improves job satisfaction and morale of employees through

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