Question

Respected human resource managers contribute to increasing the value of the firm by?

Answer 1

Respected human resource managers contribute to increasing the value of the firm through professionalizing HR functions, improving human capital, and encouraging employee initiative and productivity.

Step-by-step explanation:

Respected human resource managers contribute to increasing the value of the firm by:

1. Professionalizing human resources functions, which can help reduce bias in the hiring process and create a diverse workforce.
2. Improving human capital through upgrading the health, skills, and knowledge of the workforce.
3. Encouraging initiative, flexibility, accountability, and active participation among employees to enhance productivity and contribute to the organization's mission.

By focusing on these aspects, human resource managers can contribute to adding value to the firm and achieving organizational goals.