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The Financial Importance Of Human Resources

The financial importance of Human Resources Department

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Title: The financial importance of Human Resources Department

Essay Details:

Subject: Business

Author: Robert K

Date: July 3, 2016

Level: University

Grade: B

Length: 11 / 3263

Essay text:

In the same conference, Greg Dyke (ex-Director General for BBC) commented on HR's functionality by saying, ?HR's job is to facilitate, not lead'. (Harrington, 2007) These are all familiar statements to an HR professional. Though, Human Resource Management (HRM) has come a long way ? from the early stages of Personnel Administration to the more recent, Strategic HR management; still for reasons unknown, the core business function has never quite accepted HR as a mainstream function like Marketing and Accounting (both of which have difficulty in establishing their credibility). Some have argued the lack of credibility of Accounting, based on occasions when it employed the so-called ?Creative Accounting' spirit of it, which led to numerous disastrous accounting scandals like Enron, and WorldCom...

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