Human Resource Management

847 Words2 Pages

1.1Introduction

In every organization there are some key roles like motivation, leadership, training, staffing employment and developments which are performed by Human Resource Management. These performances are deeply related with each other to the role of leadership and motivations in the organizations. These are the basic and fundamental functions in every organization as well as in the whole of human resource management. It is also related with the role of leadership, motivation, and aims of objectives of the organization. As per this chapter the human resource management will be discussed thoroughly and as a result, it will be related with the role of leadership and motivation in the organization. According to the aims and objects of the study, this chapter will also discuss the literature in connection with the role of leadership and motivation in the Indian manufacturing units and the Indian organization.

1.1 Company Profile

Hero cycle is a creation of belief. The philosophy there is a team work, commitment and their s prudence. They started their journey before the INDO-PAK separation (before independence).the four brothers started it that has everything unity, leadership, hardworking and they all were behind their mission. They started their business in 1956 with the key components of cycle and after that they started to assemble the entire cycle in their Ludhiana plant. With their full dedication and with motivation in their employees they started growing their production and attracting the highly skilled engineers administrators as well as the entrepreneurs. They products 18500 cycles in one day and they have highest global reckoning. With 48% share this amount has catapulted the organization hero cycle in the ‘Guinness Books of World record in year 1986 and they have maintained their status till now in the international cycle market. Hero group has a highest rank in the top most 10 Indian business houses included with 18 companies. There estimated turnover is US$1.8 billion during the year 2003-2004.in 1960 only few of companies were interested in export but in 1963 the hero group entered in the overseas market. One time the export business was restricted in Africa and Middle East but now 50% of the market they are demanding stuff from the hero cycle and they are fulfilling and meet the requirements of Europe and America also. Due to their best quality and excellent services they are developing their status and their market value in the bicycle market (www.herocycle.com).

1.2 Aims and objectives of the research

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