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Evaluation of HR Functions and their Impact on Organizational Performance: A Case Study of MVP Tech

   

Added on  2023-06-06

20 Pages5011 Words410 Views
Running head: HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT
Name of the student
Name of the university
Author note
Evaluation of HR Functions and their Impact on Organizational Performance: A Case Study of MVP Tech_1
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HUMAN RESOURCE MANAGEMENT
Executive summary
The report will be undertaking an evaluation of the different steps that arte undertaken by the HR
of MVP Tech in order to uphold the smooth functioning objectives of the business. In this
connection, the BSU model of the HRM is utilized and the different factors that influence the
strategy formulation in the organization are being enumerated. It will be helping in identifying
the different factors of the HRM that contributes to the organizational performance largely.
Evaluation of HR Functions and their Impact on Organizational Performance: A Case Study of MVP Tech_2
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HUMAN RESOURCE MANAGEMENT
Table of Contents
1. Introduction..................................................................................................................................3
2. Key forces shaping the HR agenda..............................................................................................4
3. Business environment..................................................................................................................7
4. Impact on organizational performance and HR functions...........................................................8
5. Stages of strategy formulation...................................................................................................10
6. Evaluation of business performance..........................................................................................11
7. Conclusion.................................................................................................................................13
References......................................................................................................................................15
Evaluation of HR Functions and their Impact on Organizational Performance: A Case Study of MVP Tech_3
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HUMAN RESOURCE MANAGEMENT
1. Introduction
The performance of businesses is based on the manner in which the workforce undertakes
their operations as per the needs of the organizations. The different factors that affects the proper
functioning of the workforce is based on the leadership qualities and approaches that the HR
undertakes in order to manage the employees (Alfes et al. 2013). The concerned organization for
the report is MVP Tech, an UAE based IT organization. The different HR functions that are
undertaken by the management of the organization and the different environmental factors that
influence the management’s decision making will be enumerated in the research. The
technological innovations that are undertaken by the organization are dependent on the active
participation of the employees in the functions of the management. The HR functions of firms
help the same in upholding the different interests of the workforce. It also helps the organizations
in cutting off different costs from the expenditure list of the companies leading to the
profitability of the same. The key elements of the HR functions are based on the needs of
empowering the workforce and thereby maintaining the sustenance of the organizations through
continuous performance in the international scenario.
The purpose for undertaking the report is to define the different factors that shape the role
of the HR of the organization. On the other hand, the research will be enumerating the different
elements of business environment and the impacts of HR functions on the performance of the
business. The different stages of the strategy formulation will be mentioned in the later part of
the report which will provide a clear in sight of the decision making process and the manner in
which it affects the proper functioning of the employees.
Evaluation of HR Functions and their Impact on Organizational Performance: A Case Study of MVP Tech_4

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