subject: Asset management as human building block [print this page] Asset management as human building block Asset management as human building block
The important key to asset is a professional level of management. In general people think of asset management in relation to investment.
All would have learnt in places like college or in some seminars that the employees are an asset to the enterprises and they are most valuable asset. Nothing is truer about this all the business and other organizations need a clear plan to be more successful. Generally they need more than one plan. The plans of an organization that provide the overall path for the strategic plan has to be ensured that organizations goals are met. To stick with their plans to meet their goals the organization employs an asset management. At the same time human asset management is very important to maintain a healthy organization structure.
The requirement of a person who performs asset management is: they must be a strategic business partner; they must also act as a change agent and should also function as an employee champion. They are the arm of an administration and in short it can be said that they are an intermediary between the administration and the employees.
True and professional asset management for an organization involves many functions which are very important to meet the requirements of the organizational goals. Some of the most common functions are:
Staff of asset management must assume the active role in all the levels of organizational planning. They have to make sure that human asset is considered in to planning phase that should also include resources to provide the people in the organization to function within the plan.
Employing the people who are best suited for the organization. They also must take care that where and how to recruit quality and skilled person for the organization. Also taking care of the selection process elements. They also should manage the skills of all the people in the organization.
Improving the personnel skills by making some arrangements for the skill development programs.
And some other functions are: traditional personnel administrations, monitoring employee's wages and benefits, time management, cost management, industrial relations, labor relations, and performance review and appraisals.
Asset management is not just like the old school personnel development department. It is much bigger than all and it needs high responsibility and authority. Asset management is the major contribution that is dedicated to the success of any organization. Human asset management is the best part in any organization and it is of great help to the individual employee in the enterprise. It is the main responsibility of the human asset management team to the best possible steps to select the right people for the organization and make sure that they have all the necessary resources, they build their skill development continuously and stay in the organization providing high production in a long term basis.
