This report will try to throw some light on various aspects of Human Resource Management in order to understand their functionality. This study will try to analyze function of human resource department of Cincinnati base consumer goods giant Procter & Gamble. Analysis of the recruitment process, talent management and company culture of the consumer durables giant will be important part of the study. The essay will also try to analyze various conceptual theories of human resource management in order to understand their significance on creating successful organization. Final part of the study will try to elaborate application of balance scorecard in order to increase efficiency of performance management system. Human resource management theories will be used to create a theoretical background for this report.
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