Assignment on Human Resource Management (HRM2001S)
Added on 2020-05-28
15 Pages4228 Words51 Views
Professional DevelopmentLanguages and Culture
|
|
|
Running Header: Human Resource Management (HRM2001S)2Human Resource Management (HRM2001S)2Authors ID:Authors Name:
IntroductionA contemporary umbrella term which can be utilized for describing or defining the managementand development of workforce within a business corporation has been referred as humanresource management. It can also be termed as an integrated or strategic approach to managingthe employees of a business corporation (Armstrong and Taylor, 2014). This approach can alsobe known as personnel or talent management. The mechanism is held responsible for recruitingand selecting potential individuals and further providing induction, training and development.Various operations are executed under this management system which is related to bringingdevelopments and advancements in the performance level of an individual within a firm and thusensuring increased productivity level. The below-presented reanalysis has been executed on thegiven case study and is related to the different aspects of HRM (human resource management).Further, the report will also discuss the various factors and components of HRM which areconsidered significant for the business entity and are also held liable for stimulating theorganization. Task 1LO 1: Purpose and functions of human resource management Human resource has been considered as one of the empirical assets for any of the business entityand the same is with Enterprise Rent-a-Car (Bach and Edwards, 2013). And hence managementof the human resource is one of an integral task and that should be executed with efficiency.Numerous functions and operations are executed for management of the workforce which assiststhe firm in an efficient execution of HRM. The prime functions and purpose of HRM atEnterprise Rent-a-Car are mentioned as below: PurposeDevelopment of High level of performance culture: One of the main purposes of the system ofmanaging the human resource is to bring enhancement in the quality of performing and thusensuring an increase in productivity (Blanpain and Bisom-Rapp, 2014). This has been consideredas one of the prime and an integral task which is required to be executed efficiently. HRM playsa crucial role in hiring potential and professionals and which will enable Enterprise Rent-a-Car inmaintaining and developing the culture of high-performance level.Attainment of organizational objectives: Managing and maintaining human resourceeffectivelywill ensure an increase in performance and will be proven beneficial for the businesscorporation (Bratton and Gold, 2012). The HRM approach will provide training anddevelopment techniques to the employees and which will motivate them in providing higherproductivity and will also enable in attaining personal goals and targets. An increasing
productivity and attainment of the personal targets of individuals within an organization will leadto the accomplishment of the organizational objectives.Development of positive and ethical employment relationship: One of the most crucial tasksof any of the business organization is maintaining, managing and retaining the workforce(Costen and Salazar, 2012). And this can be only done by developing a positive workingenvironment and the employment relationship. For developing employment relationshipemployee friendly and positive business environment should be created within the workplace.Moreover, HR professionals and managers should take initiative towards the employees byindulging them in meetings and asking their ideas and thoughts for decision-making processes.Involvement of the management or superior authorities in the daily operations and also takingfeedbacks of the workforce will make them feel valued. Further, the business entity can executespecific business activities that will assist the entity in reinforcing the relationship among theemployees. For instance, Enterprise Rent-a-Car can promote and motivate its workforce toparticipate in practices which involves career opportunities and develop positive employmentrelationship. Functions The prime HRM functions at any of the business corporation are not only managing the existingemployees but also to plan for the future recruited individuals (Costen, 2012). These functionshave various impacts on the future planning for the requirements of the potential candidates. Thebelow are some of the prime functions which are executed at Enterprise Rent-a-Car arementioned:Recruitment and selection: Recruitment and selection are the major and prime functions which are executed by any of theHRM at a business corporation. This function is executed when the business entity develops aneed to fill the vacancies of the workforce (Tansel and Gazîoğlu, 2014). The function issegmented mainly into two divisions, from which first is recruitment and selection is the secondone. Recruitment comprises of the attracting and inviting the pool of potential candidates forinterview by making use of various means. Once the HR managers are done with the recruitmentprocess they further start sorting the selected candidates as per their profiles and take interviewsfor final selection. The selection consists of interviewing the sorted candidates by making use ofvarious methods of interviews. This process includes utilization of various means andmechanisms for selecting and interviewing the potential candidates based on their qualities.Recruitment and selection process at Enterprise Rent-a-Car is executed by making use of variouscontemporary approaches and mediums (Torrington. 2011). These approaches and mediumsmake both the functions and the outcomes more effective. This process provides the businessentity with a pool of efficient and potential workforce that offers the firm with a high level ofproductivity and leads towards high peaks of growth and success.
Strengths and weaknessStrengthsEnterprise Rent-a-Car makes use of the campus placements for hiring and recruiting.These consultancy associations aid the entity in attracting the high quality of the pool ofpotential candidates at UK universities (Walsh, 2015). This also offers and providesvarious opportunities to the students of visiting the workplace and production units andalso provides the training and makes them aware of the various functions of the business.The business corporation is also making use of contemporary means for recruitment andselection process and which is enable the business firm to execute the process moreeffectively and efficiently. Making use of social media and other means has offered the recruitment and selectionprocess a boost. The entity makes use of business magazines, newspaper’s, social mediawebsites etc. WeaknessSometimes making use of contemporary means and mediums for recruiting and selectingcandidates is proven expensive and which can be a problem for the business organization.There can be problems of employee retention in case of trainees and internships, thestudents or the candidates may leave the organization after the completion of internship(Humanresourcesedu 2018).The business entity may also face the problems of ignorance, as many candidates mayconsider the emails sent by the consultancy firms as a fake one.Training and development: One of the main functions of managing the workforce within the business corporation isproviding them training and developing their skills. Training and development of the employeesare one of the crucial and an integral function through which the firm can bring enhancement inthe skill and capabilities of an individual and thus bring a hike in their performance andproductivity level. Enterprise Rent-a-Car can make use of various training sessions anddevelopment practices for bringing the required increase in the candidates. The training sessionsand business practices will enhance their skills and capabilities and will also motivate theemployees to work harder so as to attain personal targets and goals (Beardwell and Thompson,2014). The existing employees and the senior authorities provide these training sessions which isproven cost-effective for the business entity. Managing employee relationsDevelopment employee relations are one of the most significant aspects of any of the businessentity and the same is for Enterprise Rent-a-Car. This has been considered as one of thesignificant function which is required to be executed by the business entity with an efficiency
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Human Resource Management: Enterprise Rent-a-Carlg...
|17
|3981
|364
Human Resource Management in Enterprise rent-a-car : Reportlg...
|16
|4782
|148
Purpose and Scope of HRM : Reportlg...
|16
|4097
|53
Employee Relation Management and Employment Legislation : Assignmentlg...
|16
|4645
|45
Importance of HRM Functions and Practices in Tescolg...
|15
|4317
|35
The Role of HRM Practices in Raising Profitability of Organisationlg...
|15
|4108
|175