HRM Practices in Power Sector of India

Human Resources figure among the most valuable assets of any organisation. Good and proper usage of these resources can largely contribute to the success of the organisation. The present global scenario of corporate governance assigns the highest level significance to the organization's human resources, or human capital. The companies around the world have realized the importance of human resource management, popularly known as HRM. Human resource practices are found in every organisation, but their importance lies in their proper use and management. Plant, machinery, computers, automated equipments, that an organisation uses are unproductive, without human efforts and direction. Human resources are referred to as the employees and workforce in any organisation.