"Confront the difficult while it is still easy;
accomplish the great task by a series of small acts."

Lao-tzu

Definition:

Human resources is a term with which many organizations describe the combination of traditionally administrative personnel functions with performance management, employee relations and resource planning. The field draws upon concepts developed in Industrial/Organizational Psychology. Human resources has at least two related interpretations depending on context. The original usage derives from political economy and economics, where it was traditionally called labor, one of four factors of production. The more common usage within corporations and businesses refers to the individuals within the business, and to the portion of the business' organization that deals with hiring, firing, training, and other personnel issues.

The objective of Human Resources is to maximize the return on investment from the organization's human capital and minimize financial risk. It is the responsibility of human resource managers to conduct these activities in an effective, legal, fair, and consistent manner.

The human resource is the most critical, most expensive, and most fragile resource of modern business.

Michael F. Yates & Company, Inc. is uniquely qualified to translate business strategies into design requirements for Human Resources programs. Combining significant consulting experience in both the private and public sectors, our senior staff has the generalist's insight to link various programs to the overall personnel equation and the in-depth technical skills and creativity to help our clients build and implement programs that are effective management tools.

FOR MORE INFORMATION GO TO www.MFYCO.com