Faculty performance improvement through effective human resource management practices

Abstract

Most of the universities do not have separate human resource management departments like corporates. Many higher educational institutes follow the discretions of the Chief Executive Officer (CEO). The faculties’ outstanding contributions are not reviewed and rewarded. They do not provide needed initial funds for undertaking consultancy projects and supporting staff. Most of them shift the project leaders to underqualified faculty who are their coteries. Due to this the key performing faculty teams lose the motivation and struggle to contribute to the growth of knowledge-based human capital. Hence, it is planned to review the best human resource management practices of award-winning companies identified and added in Fortune 500 list, the best performing universities and identify the best practices in facilitating the faculty members and managing life-balance. This will help the universities to remodel their faculty management practices and accelerate their contribution to human and knowledge capital.