Final answer:
Human resource managers focus on taking care of the company's workforce, which includes managing hiring processes, investing in human capital, and ensuring equal opportunity and security. They balance the needs of the business with employee rights, and contribute to building a productive work environment.
Step-by-step explanation:
Human resource managers are primarily responsible for taking care of the company's workforce. Their role includes various aspects of Institutional & Corporate Management, such as overseeing hiring processes, investing in human capital through training and development, and ensuring compliance with Equal Opportunity Programs. They also manage Security Management & Safeguards related to employee data and uphold bureaucratic standards within the organization.
From the hiring process to continuous workforce development, HR managers play a critical role in ensuring the suitable candidates are hired and further nurtured to meet the company's needs. The balance between executives and shareholders, such as the board of directors, implies the management of employees aligns with the broader business goals, while simultaneously addressing the managers' and shareholders' expectations.
Furthermore, human resource management also involves addressing employee rights, maintaining safety on the job, conducting performance evaluations, and navigating the manager/employee relationship which increasingly favors a partnership model. By efficiently managing these areas, HR managers can facilitate a productive work environment that ultimately benefits the company's bottom line and the overall economy.
Answer: 1) The company's workforce.