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THE “H” FACTOR – A CRITICAL COMPONENT FOR BUSINESS ORGANISATION

Source | LinkedIn : By Rakesh Seth

We have many examples of successful organisations which have achieved greater heights within a short span of time and they are Amazon, Google, Facebook, and many other telecom companies.  These companies were successful because they managed Human Factor very well and worked as a team to achieve organisational goals.

Identification and recognition of the most important component for any business entity is its people, the human component of business, the employees of the business entity.  To succeed is all about proper way of human interactions and the treatments of human component of the business.  The components, of course is the people who will carry out and perform all the business activities and strive to achieve the goals of the business entity.

HUMAN FACTOR

The human factor is the scientific discipline concerned with the understanding of interactions among humans and other elements of a system, and the profession that applies theory, principles, data and methods to design in order to optimise human well-being and overall organisation performance.

It takes into account environmental, organisational and job factors and human and  individual characteristics which influence behaviour at work in a way which can affect health and safety and many other functions of the organisation. .  A simple way to view human factors is to think about three aspects: the job, the individual and the organisation and how they impact performance of business.

The best way to achieve business organisation effectiveness is to concentrate on developing the positive human factor (HF).  The HF is the spectrum of personality characteristics and other dimensions of human performance that enables organisations to functions and remain functional over time.

It is the personality characteristics, either positive or negative, that form the attitudes and actions of the individual.  Business organisations are all about people.  People are the most powerful creatures on the earth because of the ability to think and to have emotions and thereby character.  It is not only companies but countries are built and torn down by people.  People create technologies/machines that can fly, submerge or float.

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