This study material covers the definition of HRM and key skills of HR personnel. It also explains SHRM in reference to Ulrich Model and how data analytics can be used in decision making. The references include books and journals from reputable sources.
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Table of Contents Define HRM and key skills of HR personnel.........................................................................3 What is SHRM, explain in reference to Ulrich Model...........................................................3 How can Data Analytics used in decision making...............................................................3 REFERENCES:...............................................................................................................................4 Books and Journals.................................................................................................................4
Define HRM and key skills of HR personnel Human resource management has been termed as practice of hiring, recruiting, managing and developing employees of an organisation to meet the desired goals effectively. HR manager playall these practices to selected most suitable candidate and retain them for life long for company growth(Mariappanadar, 2020). The key skills of HR personnel are leadership skills, planning skills, interpersonal skills, strategic thinking skills, workplace culture development skills and many more which helps them to perform their practices effectively. What is SHRM, explain in reference to Ulrich Model SHRM is termed as society for human resource management which creates positive and better organisation's environment where employees and employers grow together(Hu and Zhao, 2020). SHRM is a strategic human resource management which is a approach to make best team for success and growth of business. Ulrich Model is a HR model which helps company to organise and manage human resource functions into various roles such as change agent, administrative expert, strategic partner and employee champion to meet dynamic competitive business challenges(Karman, 2020). How can Data Analytics used in decision making Data Driven Decision Making refers to a strategy in which major decisions are made on the basis of what management of an organisation think is best for growth. Company used this strategy to address enterprise growth, financial issue, marketing, sales as well as customer service(Saggi and Jain, 2018). By implementing this strategy and various approach such as KPI tracking, learning form mistakes they gathered data to analyse trends additionto take effective decision for future. It helps company to demonstrate a vision from past experience which allow them to take effective decisions regarding their product, services and policies.
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REFERENCES: Books and Journals Hu,W.andZhao,S.,2020.Strategichumanmanagementevaluationformarine enterprises.Journal of Coastal Research.107(SI). pp.57-60. Karman, A., 2020. Understanding sustainable human resource management–organizational value linkages: The strength of the SHRM system.Human Systems Management.39(1). pp.51- 68. Mariappanadar, S., 2020. Do HRM systems impose restrictions on employee quality of life? Evidence from a sustainable HRM perspective.Journal of Business Research.118. pp.38-48. Saggi, M.K. and Jain, S., 2018. A survey towards an integration of big data analytics to big insights for value-creation.Information Processing & Management.54(5).pp.758-790.