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Human Resource Management (HRM) Assignment Solved

   

Added on  2020-03-16

8 Pages1936 Words94 Views
qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasHUMAN RESOURCE MANAGEMENTINSTITUTIONAL AFFILIATION(S)[Pick the date]STUDENT NAME

HUMAN RESOURCE MANAGEMENT‘How HRM contributes to organisational efficiency and effectiveness’INTRODUCTIONThe role of human resource management for the success of any organisation and sustained competitive advantage can be measured by the effectiveness and efficiency of HRM teams of organisations. An effective management system in HR has proved to be a crucial component for gaining success in business. Effective HR will always lead its employees in engagement and commitment towards organisation while enhancing their satisfactions and work performance[ CITATION Jes10 \l 1033 ]. Effective HRM are been taken as superior element in company’s performance. Organisational efficiency depends highly on selection process for right people along with putting them at right place in order to get maximum output from theirexpertise. Effective HRM will always perform human resource function that brings efficiencyin organisational work flow. The task of HR managers does not limit to selection and recruitment process only but to maximise the use of available resources in more strategic manner. The role HRM can be further divided according to their tasks and their part of role indifferent divisions like employee advocate, functional expert, human capital developer, HR leader, strategic partner, etc. Every organisation has their mission and vision which can be fulfilled by focussing and directing business towards superior level of competency. This element can be achievable only if the human resource managers practices effectively and efficiently through their strategic approach in organisation’s management[ CITATION Jac15 \l 1033 ]. Fundamentally, the essential tools in human resource practice are training, staffing and performance maintaining that gives shape to organisational function in satisfying stakeholders needs. Stakeholders are normally those who are related to the firm who wants to Page | 2

HUMAN RESOURCE MANAGEMENTachieve certain elements from organisation. For example stockholders would like to reap maximum outputs, customers desiring for good quality product or service, investors will always try to get best returns and employees who desires reasonable compensation and rewards[ CITATION ANT14 \l 1033 ]. HRM must follow common procedures and programmes on their practices while developing teamwork among staff and managers. To foster enhanced relationship, communication breakdowns need to be eliminated while emphasising on better corporate culture. To develop constructive and conducive vocation environment, The HRM must follow theories and model available in literature that enables sound management systemin organisations[ CITATION Vac16 \l 1033 ]. A comprehensive HR strategy participates vitally for achieving organisation’s overall objective and exemplifies the role human resource management completely. The direction orthe path required for poignant of the company in strategic manner require a HR policy that supports other strategies undertaken by marketing, operational, technological and financial departments. The requirement and aim of HR mangers should capture the “people element” through which the organisation can hold its sustaining nature for long term. A skilled HR manager will always develop organisational strategies in effective way rather simply summarising the requirement. For this HRM inculcates 5P’s model into their system that was developed by Milded Golden, Leslie and Chris J. White to enable modelling of five major elements in organisational structure. Purpose is the first element that states organisation’s mission and vision along with basic strategy and targets. Principal element states guidelines or assumptions that guides business including ethics and organisational culture. Third element is Processes that represent the internal structure and procedures used by company to produce product or service. Next are People or team who perform work in consistent manner abiding organisation’s rules and principles in order to achieve goals. Lastly Performance includes metrics and measured results that provide support to the management for making Page | 3

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