"Whether renting a facility, purchasing equipment, or paying for energy, all companies require cash to get started. Human capital, or the personnel recruited to operate the firm, is probably the most important necessity for running a corporation. Human resource departments are responsible for not only obtaining and maintaining this vital corporate asset, but also ensuring that it is developed and preserved. An HR department that establishes clear objectives for managing the company's employees will go a long way toward guaranteeing the company's success. One of the HR department's key objectives is to sustain productivity by ensuring that the firm has a sufficient number of competent and efficient employees. A skilled HR manager should constantly assess the workload to see where possible manpower issues exist and when more assistance is required. Similarly, knowing business turnover will aid in identifying issue areas and allowing for policy changes or other modifications."

Prachi Garg

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