As you can see, being a human resource manager today is challenging, and requires several proficiencies.
One study found four categories of proficiencies, business proficiencies, leadership proficiencies, and learning proficiencies
1) HR proficiencies represent traditional knowledge and skills in areas such as employee selection, training, and compensation.
2) Business proficiencies reflect human resource professionals’ new strategic role. For example, to assist the top management team in formulating strategies, he human resource manager needs to be familiar with strategic planning, marketing, production, and finance. They must also be able to “speak the CFO’s language,” by explaining human resources activities in financially measurable terms, such as return on investment, pay back period, and cost per unit of service. A result SHRM symposium on the future of strategic HR concluded that many human resource professionals lack such business knowledge and literacy.
3) HR managers also require leadership proficiencies. For example, they need the ability to work with and lead management groups, and to drive the changes required – for instance, to implement new world class employee screening and training systems.
4) Finally, because the competitive landscape is changing so quickly and new technologies are being continually introduced, the human resource manager needs learning proficiencies. He or she must have the ability to stay abreast of and apply all the new technologies and practices affecting the profession.
Studies show that top management and chief financial officers recognize the critical role, human resource management can play in achieving a company’ strategic goals. It shows they know that human capital – the employees’ knowledge, skills and experiences can have a big effect on important organizational outcomes such as customer satisfaction and profitability. Partly as a result, human resource executives are increasingly well paid. For example, average total direct compensation for top HR executives was recently just over $ 1.4 million per year.
As the human resources manager’s tasks grow more complex, human resource management is becoming more professionalized. In the United States, the Society of Human Resource Management’s (SHRM) professional certification exams test the professional’s knowledge of all aspects of human resource management, including management practices, staffing, development, compensation, labor relations, and health and safety. Those who successfully complete all requirements earn the Senior Professional in HR (SPHR), or professional in HR (PHR) certificate. SHRM India is in the process of offering similar professional certification for Indian HR professionals.
For Indian HR professionals, opportunities for higher educational qualifications in HR or business management are also available at various educational institutions. HRM specialization is popular at business schools and schools of social work at the MBA or MA / MSW levels. HR education or MBA students is provided by the Xavier Labor Relations Institute (XLRI) Jamshedpur; Tata Institute of Social Sciences, Mumbai; Management Development Institute, Gurgaon; International Management Institute, Delhi and Rajagiri School of Management, Kochi. Masters programs in HR are offered by the psychology faculties of the Universities of Delhi and Allahabad.
Most of the leading business schools like the Indian Institutes of Management (IIM) and XLRI offer short duration programs in HR for working executives. Professional bodies like the National HRD Network (NHRDN), the Indian Society of Training and Development (ISTD), National Institute of Personnel Management (NIPM), and All India Management association (AIMA) design and conduct specialized HR courses. The Academy of HRD, Ahmedabad, which founded by NIRDN to promote research and training in HRD, will also be launching its one year flexible, HRD qualification soon.
NHRDN, the largest professional forum for HR professionals in India, is, in association with XLRI Jamshedpur, developing a system of professional certification that can be made applicable for Indian HR managers.