Source: Thomson Reuters, Portico Advisers Note: All private equity exits for companies with head offices in emerging markets; data as of 6 December 2017 25 49 53 12 18 55 48 22 16 59 4 4 33 0 10 20 30 40 50 60 2005 06 07 08 09 10 11 12 13 14 15 16 17 YTD E x i t P r o c ee d s ($ B) Exit Year Value of exit proceeds from EM-based portfolio companies
Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing work.
Finally, there is the responsibility of managing career development. This entails matching individuals with the most suitable jobs and career paths within the organization. Human resource management functions are ideally positioned near the theoretic center of the organization, with access to all areas of the business. Since the HRM department or manager is charged with managing the productivity and development of workers at all levels, human resource personnel should have access to-;and the support of-;key decision makers.