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The Financial and Human resource Management Strategies to Develop the Organisation

Author Affiliations

  • 1Kakatiya University, Warangal, AP, INDIA

Res. J. Management Sci., Volume 2, Issue (10), Pages 6-9, October,6 (2013)


This paper focus primarily on developing a new discipline on which can serve the purpose of strengthening the proposal for investment in human resource and develop a model which can quantify. It is mainly for identifying a new dimension beyond financial management (FM) and Human Resource Management (HRM)), by superimposing the effect of FM and HRM. Money spends on acquiring, managing of human resource is now considering as an investment, which was considered previously as expenditure. Human Resource is an asset to the organization, appreciate with time, only when provided predominant input. Commitment from the top management for the investment in the human resource development activities are improving continuously, but still this proposal is questioned sometimes. Though, this proposal is subjected to the condition of the business, which is being withdrawn considering as a minimizing- cost strategy and without considering any other factors.


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