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Cagr Importance

  • Date Submitted: 05/12/2011 04:00 PM
  • Flesch-Kincaid Score: 31.6 
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ROLE OF HR IN MAINTAINING CAGR
The health care industry, or health profession, treats patients who are injured, sick, disabled, or otherwise physically or mentally infirm, and maintains general health in populations and communities through the promotion of healthy behaviors and prevention of disease. The delivery of modern health care depends on an expanding interdisciplinary team of trained professionals.
Healthcare has emerged as one of the most progressive and largest service sectors in India with an expected GDP spend of 8 per cent by 2012 from 5.5 per cent in 2009. It is believed to be the next big thing after IT and predicted to become a US$ 280 billion industry by 2020
The role of HR is quintessential in ensuring long term success of an organization. HR can contribute towards the growth in the following ways:
  * Hiring Competent Employees
  * Motivating Employees
  * Imparting & Conducting Periodic Training Sessions
  * Ensuring Low Attrition Levels
Hiring Competent Employees:
Hiring competent manpower goes a long way in ensuring the long term success of an organization. Physicians, Surgeons & support staff are the building blocks of the industry and play a pivotal role in internal development as well as external branding of the organization. Shortage of quality manpower is a problem which the entire industry is facing and hence the task becomes all the more important.
Hiring competent physicians & surgeons will enable higher success rate when it comes to operations and a friendly support staff will ensure the patient leaves with a pleasant memory and spreads the same to people he/she interacts with. All these factors contribute to the branding of the hospital.
Motivating Employees:
In order to ensure that your employees ie physicians, surgeons and support staff continue to provide superior services to the patients, the HR deppt needs to ensure that they themselves remain motivated to do so. Giving competent compensation will...

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