Human resources department grows along with the growth and development of an organization. It can be said that the introduction to human resource management evolution cycle starts from three different stages: business function turning into a business partner and then into a strategic partner. In each stage, the HR department becomes more strategic regarding its job and responsibilities. Finally, at a higher level, the HRM oversees the potential in leadership, top management, company goals, employee retention rate, etc.
In each stage, the worth and credit appended by the department change with a change in the medium. HRM is always responsible for looking after the employee information, time management, finance, strategies, etc. Being a business partner, it has to meet the existing business needs of the organization with an aim that the latter can achieve at a measurable rate. In this stage, HR makes recruitments on a competency basis, pay scales, sudden change of events, communication and plan.
HRM helps in organizing the hierarchy by analyzing the skill of each person. It determines which people are fit for doing a particular job. It formulates programs which could build the abilities of all employees and management. It makes recruitment strategies to ascertain competency and create benchmarks to be achieved against the industry norms. The introduction to human resource management evolution cycle in an organization makes it mature and successful.