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The importance of HRM. Why Human Resource Management (HRM) is important for organizations today to make their Human Resource into a competitive advantage. SIGNIFICANCE OF HUMAN RESOURCE. MANAGEMENT. Structure. 1.0 Learning Outcome. 1.1 Introduction. 1.2 Understanding HRM. 1.3 Role of the HR Manager. Human resource management department has fundamental role for personnel This research will inform human resource management, scope and affecting factorsFunctions of HRM. 1.8. Role of HRM. 1.9. HRM in the New Millennium. 1.10 Summary. 1.11 Self Assessment Questions. 1.12 Reference Books. 1.0 Objectives. Facilitates professional growth :- Due to proper Human Resource policies employees are trained well and this makes them ready for future promotions. Their 1.5 Importance of Human Resource Management While the human resources available to management in an organization are only one part.