The contribution of HRM in both Nokia and Yahoo cannot be neglect, and HRM department has responsibility to try to affect employee’s performance and supervise staffs. When it comes to training and development, it has to provide equally valuable and effective chances, and will help them to improve their value.
In overall, innovation contributes absolutely to business performance and that human resource management enhances innovation. It has become evident that the ability of organizations to innovate and manage their human resources can be sources of competitive advantage. And The Knowledge management has emerged in recent times as a phenomenon with widely implications for organizational innovation and competitiveness. The fundamental role of HRM is essentially to maximize profitability, quality of work life and profits through effective management of people.
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