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A Study On Portfolio Management

   

Added on  2020-10-22

9 Pages2747 Words429 Views
RESEARCH PORTFOLIO
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................1Theoretical Models and their Application in NHS scenario........................................................1Roles and Priorities of NHS Management and HR Functions to Support NHS Management....4The Influence of External and Internal Factor on Leadership & Management, Training &Development and Talent Management........................................................................................5Recommendation for the scenario of NHS..................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
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INTRODUCTIONThis report is a case study of the NHS current problem relates to the staffing, recruitingand retention. The staff of the NHS is divided in two part first ones is the agency staff and theother one is the permanent staff. The NHS is facing the shortage of the staff due to the short termillness and maternity leaves. The inefficiency of the HRM is affecting the recruitment of theNHS. The poor pay scale, high work load, inflated targets and intense environment is harmingthe morals of the staff. Other thing is the agency staff members are not satisfied with thepayment, responsibilities. Their payment is not good as compare to the permanent staff and theresponsibilities are higher than permanent staff this lead to unhappiness and the agency staff isnot willing to perform their work (Thorpe, 2016).To improve this situation the NHS is looking to improving the recruitment process,training process and talent management. This research is based on improvement in differentfunctions of the HRM. This research is presenting the different models for leadership, training &development and talent management and their application in the NHS. Research is giving theroles and priorities of the management and HRM function in supporting the management ofNHS. The factors that affect the leadership, training and talent management and giving therecommendation of research to improve the current scenario.TASKTheoretical Models and their Application in NHS scenario1. Leadership and ManagementThere are different theories to improve the leadership of the NHS and these theories areTrait, Contingency and Situational Theory. These theories can improve the leadership of theNHS.Trait theoryAccording to the assumption of this theory people are born with some inherit qualitiesand trait. This inherit qualities can be suitable for the leadership. The right combination of thetraits makes a person good leader. This skill and traits are suitable for the team leader. Sometraits and skills are assertive, cooperative, decisive, self confidence, tolerance of stress, clever,creative, good communication and knowledge (Bolden, Witzel, and Linacre, eds., 2016). Thesequalities make a person good leader. In the current situation of the NHS the leadership shoulduse their skills and traits to solve the current issues of staff shortage and recruitment in NHS.1
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