Unconventional Human resources Practices for Sustainability: An Appraisal
Abstract :
“Employees
who believe that management is concerned about them as a whole person – not
just an employee – are more productive, more satisfied, more fulfilled.
Satisfied employees mean satisfied customers, which leads to profitability.”
- Anne
M. Mulcahy, Former Chairperson and CEO of Xerox Corporation
Human Resource Management (HRM) has never been as
noteworthy as it is today.Many organizations today are putting their employees ahead
of the customers. NowadaysHuman Resource(HR) is not limited to handle only planning
of manpower, recruitment, selection, welfare, legal aspects, etc., but ethical
practices of HR can lead the organization towards achieving competitive
sustainable growth. Satisfied and enthusiastic work force i.e. Human Capital is
the first and the foremost important step of HR.
Every organization has their own policy or system formanaging
their human capital, here in this paperwe will take you through some of the
most unconventional human resource practicesin Performance Appraisal, Rewards
and Recognitions, Training and Development and Recruiting employees that
organizations across the globe have adopted for managing their human capital
and these practices led the organization towards
sustainable growth. We confirm that though it is risky and not every
organization can afford this unique exercise to manage their human capital yet
some organizations adopted these exercise andexhibit excellent sustainable
results through its ethical and unconventional way of HR practices.
Key Words-Human Resource Management, Performance Appraisal,
Rewards and Recognitions, Training and Development and Recruitment, Sustainable
Growth, Ethical Practices